TWEED RIVER FOREST. Price: $160,000

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1 TWEED RIVER FOREST A small sugar maple investment opportunity perched above the Tweed River with homesite potential and easy access to Pittsfield Village and Killington Ski Resort. 126 Tax Acres Stockbridge, Windsor County, Vermont Pittsfield, Rutland County, Vermont Price: $160,000 Fountains Land, an F&W Forestry Services company, 7 Green Mountain Drive, Suite 3, Montpelier, VT Contact: Michael Tragner ~ michael.tragner@fountainsland.com ~ (802)

2 LOCATION is located in the central Vermont towns of Pittsfield and Stockbridge. Pittsfield is a quintessential Vermont town nestled in a valley carved by the Tweed River, which flows south through the community. From here, mountains rise to the west and east, providing a sense of majesty as well as retreat. The community centers around a classic village green graced by a white church and a gazebo. A general store and a few inns and restaurants create the center of the village. Route 100, a state-designated scenic drive, winds through the valley connecting the quiet and serene village with other Vermont communities and recreational opportunities. Twelve miles to the south is the town of Killington, home to the renowned Killington and Pico Ski Areas and a variety of eating, lodging and shopping opportunities. On the way to Killington, Gifford State Park and the Green Mountain National Golf Course provide varied recreational outings. Alternatively, Sugarbush Ski Area and the towns of Waitsfield and Warren are a beautiful 45-minute drive to the north through Granville Gulch. The forest s slopes as seen from Pittsfield village. For all the necessities, Rutland, Vermont s second largest city, is 15 miles to the southwest. Boston is 2.5 hours to the southeast, while New York City is a 5-hour drive to the south. ACCESS & BOUNDARIES The property is accessed by River View Trail, a private road just south of Pittsfield village that begins where Route 100 crosses the Tweed River. Houses along this road are well-maintained, each with a unique architectural design. Electricity and other utilities are available roadside. River View Trail provides access to the northwestern corner of the property where a small, level area would be an adequate location for staging forest management. From here, a driveway could be constructed to a mid-slope bench with opportunity for homesite development. However, this construction would require considerable excavation work. Although there is frontage on Route 100, terrain limitations prevent future driveway development here. Looking south down the Route 100 valley. Boundaries exist as old blazes. The property boundaries in this report are based on town tax maps. The portion of the property in Stockbridge is 95 acres and the portion in Pittsfield is 31 acres. River View Trail on its way to the property. Fountains Land Specializing in the sale of forestland and rural estates.

3 SITE DESCRIPTION The Tweed River runs along the property s River View Trail frontage, providing easy access to the river for fishing, swimming and relaxing. Many of the Tweed River s tributaries are cold, spring-fed and originate from the eastern flanks of the Green Mountain Range. This provides natural trout reproductive habitat and supports a wild trout fishery. Starting on the banks of the Tweed River, at about 800 above sea level (ASL), the property rises sharply in elevation to just over 2,100 ASL at the highest point. The land offers a gently sloped bench just below 1,100, with another bench just above 1,900. From this higher bench, the views widen to include a sweeping vista from the south to the north. Overall, however, the terrain is fairly steep. offers a blend of homesite opportunity and woodlot investment. Driveway development off River View Trail will require considerable slope reshaping for a short distance along an initial sharp rise to the first bench. Here, there is an attractive homesite tucked among a maturing forest grove. Recently, many fine homes have been constructed off Tweed River Drive and Spring Street (see photo map) on similar upslope settings, suggesting that such a project is possible and a sound investment. The Tweed River offers excellent trout fishing and a scenic entrance to the property. The lower bench - one of two potential homesites. The forest s upper slopes in the right foreground with Route 100 just visible beyond. Fountains Land Specializing in the sale of forestland and rural estates.

4 TIMBER The timber resource on is attractive, dominated by quality sugar maple and other associated northern hardwood stems in both pole and sawlog size classes. Stem quality is quite good with soil conditions wellsuited to sugar maple production in many areas. Common associated species include white and yellow birch, red maple and beech. There are small, dense inclusions of hemlock and other associated softwoods, primarily along the lower slopes. The forest is consistent with a maturing evenaged forest structure, where overstory conditions are well-stocked with sawlog-sized stems. Forest-wide total basal area is ft2/ acre and mean stand diameter is Northern hardwood species dominate the forest, representing 93% of the total volume. While the forest resource will provide for a sound long-term investment for the new owner, it also offers sugarbush potential for maple syrup production. The timber inventory reveals an average of 43 potential sugar maple taps per acre using UVA diameter tap guidelines. The upper bench contains nice maple stems and offers pleasant views. The timber data in this report are based on an inventory completed in September 2014 by Fountains Forestry. The volumes were grown forward for From this data, the current Capital Timber Value has been set at $128,000 or $1,017/acre. Additional timber data is provided on the following timber summary pages. PROPERTY TAXES The 2014 property taxes were $496 for the 95 acres in Stockbridge and $670 for the 31 acres in Pittsfield, totaling $1,166. An above average hardwood resource. The property is enrolled in Vermont s Use Value Appraisal program (UVA) as of September of The UVA program allows for a substantial property tax reduction in exchange for the practice of good silviculture and a commitment to non-developmental uses. The most recent tax bills available were for 2014; they were issued prior to the property s enrollment in the program. Subsequent tax bills show a substantial reduction in property taxes. The property is owned by Ridgeline Overlook Forest, LLC. Deeds are recorded in the Towns of Stockbridge and Pittsfield Land Records in Book 66, Pages and Book 53, Pages , respectively. Fountains Land is the exclusive broker representing the seller's interest in the marketing, negotiating and sale of this property. Fountains has an ethical and legal obligation to show honesty and fairness to the buyer. The buyer may retain brokers to represent their interests. All measurements are given as a guide, and no liability can be accepted for any errors arising therefrom. No responsibility is taken for any other error, omission, or misstatement in these particulars, nor do they constitute an offer or a contract. We do not make or give, whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to the property. Fountains Land Specializing in the sale of forestland and rural estates.

5 TIMBER VALUATION Fountains Land Specializing in the sale of forestland and rural estates.

6 TIMBER GRAPHS Figure 1: Hardwood species dominate the forest. Figure 1 Figure 2: Sugar maple leads total volume with beech as a substantial minority. Figure 2 Figure 3: While sugar maple comprises the majority of sawlog volume, high-quality ash, red maple and yellow birch are common associates. Figure 3 Fountains Land Specializing in the sale of forestland and rural estates.

7 TIMBER GRAPHS Figure 4: Average sawlog diameter as measured by total sawlog volume is 14. Average diameter for all volume combined is The diameter distribution chart indicates three age classes, with the majority of volume held by middleaged (11-14 ) and near mature (15 and greater) trees. Figure 4 Figure 5: The average sugar maple diameter is 14. The inventory data indicates 5,500 potential maple taps propertywide. Terrain allows for all sap to flow towards the access road where electric power is available. Figure 5 Figure 6: Sugar maple sawlogs account for 68% of total sawlog volume and 88% of sawlog value. Figure 6 Fountains Land Specializing in the sale of forestland and rural estates.

8 ondack ark Park q! ALBANY 90! Round Mountain' SPRINGFIELD 3342 HARTFO! ^_ 93 91! CONCO Corporation Mountain' BOSTON! Little Wilcox Peak' 2730 Locus Map 126 Acres Stockbridge & Pittsfield, Vermont Rogers Peak' Emerson UV J ERUSA LEM NEW HILL Tupper Jerusalem B OSTO N HOOPER HOLLOW New Boston Lympus, Mount' 2485 MUSIC MOUNTAIN CAMP BROOK LUCE DR CAMPBELL GAY HILL 2098 DARTT HILL LILLIESVILLE WHITTIER Camp Brook BRINK HILL BROOK Lilliesville 3365 Thousand Acre Hill' 2402 Michigan Knights Hill' 2080 Wilcox Peak' 2838 UPPER MICHIG AN LOWER MICHIGAN HAWK LN FORS HA LIBERTY HILL Pittsfield TIMBER HAWK LYON H BLACKME R ILL S Stockbridge LAURY WHITCOMB HILL R D RIVER Gaysville Hedgehog Knoll' 2025 TOZIER HLL TWE ED RIV ER DR South Hill' 2065 S HILL -STOCKBRIDGE BLVD UV 107 Riverside ST ONY BRO OK Daves Peak' 2707 Darning Needle, The' 2883 SO UTH HILL South Hill' 2207 TH 33 TH 52 Sable Mountain' 2625 FLETCHER BROOK STOCKLE DR RYER DAVIS H ILL WILDC AT IVES CRICKET HILL STAGE RUSTIC DR Wolf Hill' 2805 Doubleday Mountain' 2060 Shaw Hill' 2720 Burbee Peak' 2627 Legend STEINWAY South Hill Notown Forest MEDWAY 4 Blue Ridge Mountain' 3278 JOURNEYS END TH 5 CREAM HILL WOODWA OLD TURNPIKE WHEELERVILLE BARKER ALPINE OLD DR COACH NORTHSIDE 2782 ALRAN KILLIN GTON RIVER THUNDERING BROOK W HILL DEAN H ILL Killington Taylors Pinnacle' 2200 RABECK Quimby Mountain' 2620 Sherburne Center East Mountain' 2787 US Highway Interstate State Highway Primary Town Rd Secondary Town Rd Town Boundary Public Land Chateauguay Other Conserved Lands Dana 2Hill' Miles 2480

9 q 126 Acres Stockbridge & Pittsfield, Vermont R OO K EE DR I V E R DR TO W NS EN D B TW Also Available: South Hill Forest 218 Acres $296,000 BAKERS Sto c ge e ld De P it tsfi kbr id 0' R d5 ede OW V U EW SH STO N IL L -P T F LD 100 O OD CR O Legend SS I NG -P South Hill Forest TH 33 State Highway LL D TF L S HI Maintained Town SO UT Other H H L HI U SO This is Not A Survey LR D Trail Town Line TH I LL Feet Map produced from the best available information including town tax maps, hand held GPS data, aerial photography and reference information obtained from publicly available GIS sources, and the owner. Boundary lines portrayed on this map are approximate and could be different than the actual location of boundaries found in the field.

10 q 126 Acres Stockbridge & Pittsfield, Vermont TWEED RIV ER DR TOWNSEND BROOK BAKERS Also Available: South Hill Forest 218 Acres $296,000 Stockbridge Pittsfield Deeded 50' ROW UV 100 S HILL -PTFLD STONEWO OD CROSSING Legend This is Not A Survey SOUTH HILL SOUTH HILL S HILL -PTFLD South Hill Forest State Highway TH 33 Maintained Town Other Trail Town Line Feet Map produced from the best available information including town tax maps, hand held GPS data, aerial photography and reference information obtained from publicly available GIS sources, and the owner. Boundary lines portrayed on this map are approximate and could be different than the actual location of boundaries found in the field.

11 q 126 Acres Stockbridge & Pittsfield, Vermont TWEED RIV ER DR TOWNSEND BROOK BAKERS Also Available: South Hill Forest 218 Acres $296,000 Stockbridge Pittsfield Deeded 50' ROW UV 100 S HILL -PTFLD STONEWO OD CROSSING Legend This is Not A Survey SOUTH HILL SOUTH HILL S HILL -PTFLD South Hill Forest State Highway TH 33 Maintained Town Other Trail Town Line Feet VCGI Map produced from the best available information including town tax maps, hand held GPS data, aerial photography and reference information obtained from publicly available GIS sources, and the owner. Boundary lines portrayed on this map are approximate and could be different than the actual location of boundaries found in the field.

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