101 ac. farm with south facing hill over Lake St. Catherine

101 acres • $135,000

Property Owner:

Farmer or farm family

Contact Name:

Rico Balzano

Property Location:

North Street, Wells, Vermont
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The Land

Total number of acres available with this property:

101.0

Total acres available for agriculture:

45.0

Acres of forested land:

55.0

Acres of cropland or tillable land:

25.0

Acres of pasture:

20.0

Quality of land:

The farmland is located on North Street in Wells, just a mile north of Wells’ town center. There are approximately 55 acres of forested land and 45 acres of open land (25 tillable and 20 suitable for grazing) acres on Bomoseen-Pittstown soils of statewide importance. The picturesque property is on a sloping hill with excellent frost drainage and southern exposure facing Little Lake St. Catherine, making the site perfect for orchard or vineyard enterprises. Vegetable or flower enterprises would also be suitable. In 2016, 5 acres were fallowed and 4 acres were cover cropped; all 9 acres are pH adjusted.

Farm Information

Water sources present:

Available

Water sources details:

The property does not have frontage on surrounding lakes and ponds, but neighbors have allowed access to previous owner. Also, town property is on lake frontage and the selectboard was open in the past to allow access for irrigation.

Barns and sheds:

Available

Farmer housing:

Available

Farmer housing details:

For sale separately for $99,000: The farmhouse is a small two-story dwelling with two bedrooms located on a separate, but contiguous lot to the farmland. The house had updates in the 2000s and a new heating system and woodstove in 2012. It has a large, fenced-in yard, raised kitchen garden beds, and a new storage shed.

Equipment and machinery:

Available

Equipment and machinery details:

10hp electric irrigation pump and disc filters for drip line line system.

Farm infrastructure details:

New infrastructure (within three years) includes permanent and temporary deer fencing, farm stand building with electric service, 1.5 acres of fenced-in pasture, 72’x30’high tunnel, 14’x24’ greenhouse, underground irrigation system (capable of irrigating 15 acres), and 0.5 acres of apple (or grape) trellis.

Tenure Arrangement

Tenure arrangement:

Property for sale

Property for sale:

$135,000 - The farmland will be sold subject to a perpetual farmland conservation easement that will allow all types of agricultural uses and new agricultural structures. Additionally, a seven-acre building envelop allows for building of new housing for farmer or farm employees. Farmhouse purchase optional for an extra $99,000.

Sale price:

$135,000