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Sold on 10/28/2024
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20 Waters Rd # -A, Patten, ME 04765

  • $220,000

    Last sold 10/28/2024 after 84 Days

  • bed

  • bath

  • 146

    Acre ($1.5K/Acre)

Lot/Land not for sale
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About 20 Waters Rd # -A

Property type Lot/Land
HOA fee $0/month
Lot size 146 Acre
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.
Listed by
Listing Agent - Richard Theriault
Listing Agent Contact: 207-794-6164
Listing Office - United Country Lifestyle Properties of Maine
Source: MREIS mls logo
MLS#1599862 • last updated 3 months ago
Movoto checked MREIS for data 4 minutes ago
Overview
MLS # 1599862
Status Closed
Lot Size (Acres) 146
Lot Size (Sqft) 6359760
Property Tax 404
Interior
Amenities / Utilities
Water Source Well Needed On Site, None
Location
Body of Water Farm Pond
Zoning Rural
  • Oct 2024
    mls logo MLS # 1599862
  • Oct 28, 2024 Sold
    $220,000 (-11.4%)
  • Aug 26, 2024 Active
  • Aug 9, 2024 Listed
    $248,200
  • Aug 5, 2024 Listed
    $248,200
  • 20 Waters Rd # -A
    $220K
  • 04765
    $285K +159% y/y
  • Patten
    $97.5K -16% y/y
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