This land investment opportunity surrounding the conserved Perch Pond Forest in Old Town features 5 separate parcels ranging in size from 10.5+/- acres to 764 +/- acres for a total of 1,133 +/- acres. It is value features include 22 approved building sites, 3 +/- miles of town road frontage with electric and phone roadside, 3,800 +/- feet of frontage 5 Son Pushaw Stream, and considerable timber inventory. All these features and a location less than 15 minutes from Bangor, Maine add up to the best large tract value available in the northeast today.
10.5 +/- Acres Kirkland Road – The smallest tract has a lot of big potential with nearly 2,000 feet of frontage on the town road. Power and telephone run along this section of Kirkland Road. The property is surrounded by conservation lands with a maintained hiking and biking trail at the parcels NE corner. Elevations at this site range from 110 to 150 +/- FASL. The forest has some large older growth hemlock mixed with various hardwoods.
13.14 +/- Acres Poplar Street – This small knoll is surrounded by the beautiful Caribou Bog and is located directly across the street from Sewall Park on Perch Pond. This property has 1000 +/- feet of frontage along Poplar Street with utilities roadside. The elevations here are from 110 to 130 +/- FASL. This is a scenic site overlooking the bog with large older growth hemlock forest with little undergrowth. It is a pleasure to walk through this untouched mature forest.
48.21 +/- Acres Poplar Street – A mid-sized timber parcel located just east of Perch Pond with its northern boundary adjoining the Perch Pond Forest. This is a rolling site with elevations from 115 to 140 +/- FASL. The lot has more than 2,500 feet along Poplar Street with utilities available roadside. This is a mixed timber forest with an interior road running through the center of the land.
257.2 +/- Acres Kirkland Road – Road frontage, homesites and stream frontage are the stars of this parcel. Elevations on this property run from 100 to 160 +/- FASL. This parcel surrounds the 14 lots of Hemlock Acres subdivision which adds an additional 22+/- acres to this contiguous tract. These lots are immediately available for resale as approved lots by the city of Old Town. There is a combined frontage along Kirkland Road of 4,500 + feet. The lot has 3,800 +/- feet of frontage on Pushaw Stream. This 10 +/- mile long stream runs slow and deep from its source, Pushaw Lake, to the confluence with the Penobscot River. Recreational boating and fishing can be had here.
776 +/- Acres Kirkland Road and Poplar Street – Here is the largest of the 5 tracts near the Perch Pond Forest. The lot has road frontage of 10,000 +/- feet combined on Kirkland Road and Poplar Street. The site elevation varies from 120 to 250 +/- FASL. An interior gravel road system is very well done on this parcel which adds value to the timber management potential of this land. The 776 +/- acres surround 8 lots of Tamarack Acres subdivision which add 15.78 +/- acres to this combined tract. As mentioned in the previous parcel these lots can be immediately offered for sale by the new owner.
Timber Inventory – The owner had a timber inventory done in 2019 showing 12.68 cords of merchantable timber per acre. This translates to over 14,000 gross cords of timber at the time of the cruise and does not account for the growth since that date.
Location – Old Town is in central Penobscot County. This small city has a population of 9 over 7,800. The city is located next to Orono Maine, which is home to Maine’s largest university. Bangor is just 12 miles from the property. This is the largest city in the northern half of Maine with an international airport, convention centers, casino, countless restaurants, a large medical center and more. This is an area with a high quality of life with good jobs and direct access to unspoiled forest and waters.
Call today for a detailed information package of this exciting new offering.