Phillips Farm

Posted on July 27, 2012
Property Owner: 
Land trust or other conservation organization
Property Location: 
US Highway 1, Damariscotta, ME
The Land
Total number of acres available with this property: 
51-100
Acres of cropland or tillable land: 
6-20
Acres of pasture: 
21-50
Acres of forested land: 
21-50
Farm Information
Water sources present: 
None available
Barns and sheds: 
None available
Farm infrastructure details: 
Farmstand
Farmer housing: 
None available
Equipment and machinery: 
None available
Tenure Arrangement
Property for sale
Sale Price: 
$200,000-$300,000
Additional Information

Mid-Coast farmland with excellent Rte 1 frontage! Now hay land, but transition into other farming uses given expansive fields and good soils. Farmstand. Great location for direct sell vegetables. Sold subject to Agricultural Conservation Easement. From Damariscotta take Rte 1 North. Property on right across from Mid Coast Energy and Reunion Station. Pull in at low white building at south boundary or cut out at north boundary.

Priced at - $607,500 (*prior to sale of easement)

*Notes on MFT Pricing: This price does NOT reflect the NET COST to the buyer, which will be considerably lower. This property involves the sale of an easement under a government program which directly compensates the new buyer. MFT will specify how much funding will be provided to the buyer for selling the easement, so that the buyer knows beforehand what the NET COST will be. But the regulations of the real estate industry require that the property be listed at its price before the easement is sold, not at the buyer.

"The information herein is believed to be accurate, but not warranted and should be verified by the buyer."

 

 

 

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