Bluffside Farm, Newport

The Land

Property Owner:

Land trust or other conservation organization

Total number of acres available with this property:

1-5

Acres of cropland or tillable land:

1-5

Acres of pasture:

1-5

Acres of forested land:

1-5

Other open and/or non-farmable land

Almost a mile of frontage on Lake Memphremagog and Scott’s Cove
Farm Information

Water sources present

Available

Water sources details

City water

Barns and sheds

Available

Farm infrastructure details

• Main barn: Former dairy barn, 6,592 square feet base area, has been used for horses • Garage and two attached apartments: Total square footage is 1,966. The garage is insulated. • Sugarhouse: 14’ x 14’

Farmer housing

Available

Farmer housing details

Farmhouse: 1,960 square feet, four bedrooms 100+ years old, in fair condition Garage and two attached apartments: Total square footage is 1,966. The garage is insulated.

Equipment and machinery

None available
Tenure Arrangement

Tenure arrangement

Property for sale

Property for sale

The farm could be offered for sale in several different configurations. Therefore VLT would prefer to discuss details on pricing and configuration with the selected finalists. VLT did obtain preliminary appraisal information for a few possible scenarios that result in a valuation range between $325,000 and $420,000 subject to a conservation easement as described above. The 37-acre public access parcel is valued at $75,000.
Additional Information

Description

The Bluffside Farm is located on Scott Farm Road in Newport, off of Bluff Road. It is near downtown Newport and within walking-distance of North Country Hospital, North Country Union High School and Career Center, the Newport Bike path, and the Prouty Beach Recreational Area.
The farm was once a dairy. Most recently it was used for boarding horses and producing hay. Newport City water supplies the house, apartments, and barn. The farm is enrolled in the Vermont Current Use Program. The woodland is well stocked and has been managed with selective harvesting in accordance with a forest management plan. The previous owner tapped approximately 1,000 maples. There is almost a mile of frontage on Lake Memphremagog and Scott’s Cove. A natural sandy beach is considered to be a statewide significant natural community by Vermont’s Nongame and Natural Heritage Program. Several footpath trails wind through the woodland portions of the farm.
VLT is soliciting interest in the Bluffside Farm through a concept-style proposal. Applicants with concepts that best fit the resource and community goals stated above will be asked to submit a full proposal with greater detail, such as a farm business plan.
The farm will be sold subject to a perpetual farmland conservation easement that will allow all types of agricultural uses and new agricultural structures. The easement will include an 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 is added to the easement to ensure the long-term affordability of the property to future farm owner-operators.
The easement will allow the existing house and farm structures to be repaired or enlarged and new farm structures to be constructed. If needed for the viability of the farm operation, additional farm-labor housing may be constructed. There will be a designated “farmstead complex” where farm and forestry structures may be built without prior approval of VLT. The final size and delineation of the complex will be configured to provide long-term utility to the farmer.
The easement will include requirements to maintain wooded buffers around several small areas of wetland and the frontage on Lake Memphremagog and Scott’s Cove. In addition, the easement will include provisions ensuring public access to the property.
An Open House will be held on March 18, 2017 from 10 am to 2 pm. If unable to attend the open house, potential buyers are asked to schedule a time to enter the buildings by contacting Tracy Zschau at 802-745-6301. Potential buyers are otherwise welcome to walk the property on their own in keeping with the public access guidelines posted in the parking area.
VLT is seeking an owner, or multiple owners, who can demonstrate the ability to fulfill the goals outlined in the Request for Concepts. (These goals may able be fulfilled by an owner partnering with community groups already engaged in some of these activities.) For more info on the Bluffside Farm, please visit www.vlt.org/bluffside
 

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