Burnt Mill Forest is a quality Adirondack timberland investment property situated in New York's Great Sacandaga Lake Region. As one of the larger contiguous properties in Saratoga County, this forest represents a unique opportunity to acquire...
Burnt Mill Forest is a quality Adirondack timberland investment property situated in New York's Great Sacandaga Lake Region. As one of the larger contiguous properties in Saratoga County, this forest represents a unique opportunity to acquire nearly two square miles of timberland at an asking price tied very closely to the land's standing Capital Timber Value (CTV). Based on recent inventory data, the CTV has been set at $805,600.Seldom does a forest come to market where the asking price is set so close to its CTV. Timber value comprises 82% of the asking price, offering a forestland investment that will be driven by traditional asset appreciation fundamentals: physical growth, product shifting and stumpage price appreciation. Contact listing agent for more details.
Listing Courtesy of Fountains Land, Inc.
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Select Sotheby’s International Realty offers exemplary service to real estate buyers and sellers in the Upstate New York area, with a specialized focus on unique and distinctive properties. Our real estate brokers and agents are locals with in depth knowledge of the Upstate New York real estate market and the surrounding real estate markets of Lake George, The Catskill Mountains, Lake Placid, Saratoga, and Central New York. Select Sotheby’s International Realty’s clients should expect personal attention, and extraordinary marketing from the most knowledgeable agents in the Upstate New York area. Servicing everything from the Catskills north to the Canadian border and form Vermont west past the Finger Lakes and Thousand Islands we specialize in Saratoga Springs Real Estate, Catskills Real Estate, Lake Placid Real Estate, Lake George Real Estate, Central New York real estate, and many other local communities.
The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us) , we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby's International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.