Bought with Jeffrey Hertel • Northern Exposure Real Estate, Inc.
$875,000
$920,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
0 Pratt RD Alstead, NH 03602
505 Acres Lot
Key Details
Sold Price $875,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4880733
Sold Date 03/07/22
Annual Tax Amount $374
Tax Year 2020
Lot Size 505.000 Acres
Acres 505.0
Property Description
The property represents a considerable forested landscape that has been held as a long-term forestland investment. For the last 37 years, forest management has focused on concentrating growth on the best trees, resulting in a high-quality forest resource. Now, this land is being passed onto new owners that can benefit from the decades of previous high-quality silviculture while developing many of the property's highlights previously left untouched. Property highlights include: • Standing timber value of $576,700, with outstanding asset appreciation opportunity and short term timber sale income; • Developed internal access to support future forest management activities and recreational pursuits; • Partial ownership of the secluded Lily Pond, with a scenic beaver pond near the town road frontage; • Exceptional building sites near the land's quiet Pratt Road frontage with long views and subdivision opportunity.
Location
State NH
County Nh-cheshire
Area Nh-Cheshire
Zoning Various
Exterior
Utilities Available None
Building
Lot Description Pond, Pond Frontage, Timber
Sewer None
Water None
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