Bought with United Country Lifestyle Properties of Maine
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Key Details
Sold Price $220,000
Property Type Land
Listing Status Sold
MLS Listing ID 1599862
Sold Date 10/28/24
HOA Y/N No
Originating Board Maine Listings
Annual Tax Amount $404
Tax Year 2023
Lot Size 146.000 Acres
Acres 146.0
Property Description
Located along Waters Road in the historic community of Patten, Maine, this 146-acre timberland tract offers an exceptional opportunity for investors and outdoor enthusiasts alike. Actively managed for decades, this property has been meticulously improved as a timber-producing estate, with over 1,200 feet of road frontage on the paved Waters Road.
Originally a productive potato farm until the 1970s, this land was transformed in the early 1980s into a highly productive timberland. Under the expertise of licensed Maine foresters, the owner planted 50,000 spruce seedlings, establishing thriving stands of White, Black, and Norway spruce. Today, these trees boast an impressive volume, with some stands yielding approximately 30-40 cords per acre after 40 years of growth.
In addition to the 50 acres of spruce plantations, the property features over 90 acres of naturally regenerating timber stands. Here, you'll find mature cedar logs, maple, white and yellow birch, aspen, along with additional spruce and fir, contributing to the diverse and valuable timber inventory.
Ten years ago, a thoughtful investment was made on a 2-acre section of land surrounding a small farm pond. Previously unproductive and covered in dogwood, this area was planted with white oak and black spruce seedlings, which are now flourishing. As these trees mature, they will provide not only high-quality timber but also acorns for the local whitetail deer population, enhancing the property's appeal for wildlife enthusiasts.
A recent selective harvest on 25 acres of the property was conducted in July. Post-harvest, the cleared road was planted with white and red clovers and daikon radish, serving both as a cover crop and a food plot for deer. Trails were also cleared, leading to the old apple orchards, the farm pond oak grove, and the serene cedar forest at the back of the property.
Location
State ME
County Penobscot
Zoning Rural
Body of Water Farm Pond
Exterior
Garage 21+ Spaces, Gravel, On Site
Waterfront Yes
Waterfront Description Pond
View Y/N Yes
View Fields, Mountain(s), Scenic, Trees/Woods
Street Surface Paved
Parking Type 21+ Spaces, Gravel, On Site
Building
Lot Description Harvestable Crops, Farm, Level, Rolling Slope, Wooded, Near Town, Rural
Sewer None, Septic Needed
Water Well Needed on Site, None
Others
Restrictions Unknown
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327