Pease Farm

88 acres • $276,000

Property Owner:

Farmer or farm family

Contact Name:

Britt Haselton

Property Location:

307 Culver Hill Road,Middlesex, VT
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The Land

Total number of acres available with this property:

88.0

Total acres available for agriculture:

43.0

Acres of forested land:

40.0

Acres of cropland or tillable land:

30.0

Acres of pasture:

13.0

Other open and/or non-farmable land:

5 ac

Quality of land:

Approximately 30 acres of the open land have soils of statewide agricultural importance. The land has been managed organically.

Farm Information

Water sources present:

Available

Water sources details:

The dwellings are served by a drilled well and a septic system with a 1,500-gallon tank and leach field (approximately ten years old).

Barns and sheds:

Available

Farmer housing:

Available

Farmer housing details:

Farmhouse (c. 1860) with two dwelling units. A downstairs unit has 1,524 sf with three bedrooms and one bathroom. An upstairs unit has 1,263 sf with two bedrooms and one full and one half bathroom.

Equipment and machinery:

Available

Equipment and machinery details:

The owners will make their farm equipment available for sale to the prospective farm buyer, prices and terms to be negotiated.

Farm infrastructure details:

• Antique post-and-beam barn with a first-floor area of 1,995 sf. Includes seven box stalls on the first floor and ample hay storage on the second floor. • Coverall hoop barn (74’ x 152’) • Run-in horse barn (25’ x 44’). • Three-sided run-in shed (24’ x 10’). • Equipment shed (23’ x 38’).

Tenure Arrangement

Tenure arrangement:

Property for sale

Property for sale:

The purchase price of the 88-acre Pease Farm is $276,000, which is the current appraised value subject to the conservation. In late 2020 or early 2021, the current owners plan to sell a conservation easement to VLT, at which point the conserved farm will be sold to the new farm buyer selected through the request for proposals (RFP) process. Prior to the conservation and sale of the farm, the current owners will make the farm available by lease to the selected farm buyer. easement.

Sale price:

$276,000

Additional Information

Thank you for your interest in the Pease Farm in Middlesex. The Vermont Land Trust’s Farmland Access Program is working with Pease Farm’s current owners to find a new farmer to buy the land and run a commercial farm business. Interested farmers will need to submit a proposal (detailed below). The Vermont Land Trust (VLT) and its advisory committee will then select a proposal as part of a competitive process.

The farm is in the process of being conserved with VLT through the sale of a conservation easement. This will help make the farm affordable for a new farm buyer and protect the land for future generations. In late 2020 or early 2021, the current owners plan to sell a conservation easement to VLT, at which point the conserved farm will be sold to the new farm buyer selected through the request for proposals (RFP) process. Prior to the conservation and sale of the farm, the current owners will make the farm available by lease to the selected farm buyer. During this lease period, the farm buyer will secure financing. A final closing date will be coordinated between VLT, the current owners, and the farm buyer.

The Pease Farm is located at 307 Culver Hill Road in Middlesex, a short drive from downtown Montpelier. Current owners Sarah Seidman and Scott Harrower have owned this picturesque farm since 1988. In 2008, Sarah started Vermont Horse-Assisted Therapy, Inc., a nonprofit offering therapeutic riding experiences to children and adults with disabilities or other challenges. Sarah has managed the program and the farm operation over the years, and she is now getting ready to retire. Sarah and Scott’s goal is to transfer the property to a new farm buyer who will create a thriving agricultural enterprise on the land.

The 88-acre property features exceptional views and ample road frontage on Culver Hill Road. The land base includes approximately 38 acres of hay/pasture that Sarah has managed organically to produce all of the hay required for the existing horse operation (between 3,000 and 5,000 bales/year). Approximately 30 acres of the open land have soils of statewide agricultural importance.

The farm will be sold subject to a perpetual farmland conservation easement that will allow for all types of agricultural uses, new agricultural structures, and an additional farm labor house. The conservation easement will include the ‘option to purchase at agricultural value.’ This option allows VLT to purchase the farm at its agricultural value should the buyer (or a future owner) attempt to sell the farm to a non-farmer. This provision helps ensure that the conserved property remains available to future farmers.

We are hosting two open houses for potential buyers from 10 AM to 2 PM on Tuesday, November 19 and on Saturday, November 23.

We strongly recommend attending an open house, since there is limited availability to see the farm outside of this date. Interested parties are asked to respond if planning to attend.

Please contact Britt Haselton - [email protected] or visit www.vlt.org/pease for more information.