LandVest, on behalf of our client, is pleased to offer for sale First Light Forestlands. This high-quality Maine forestland investment comprises 33,710± acres in two sale compartments. The 24,925± acre Downeast ownership, located in Washington County, features a productive softwood timber resource, and a strong, untapped conservation amenity, and Leavitt Plantation, a unique southwestern Maine investment opportunity, contains 8,785± acres, and features a well-stocked, high-quality pine-oak resource on a conserved footprint.
Individually, these distinct ownerships are attractive standalone natural capital investments. Together, they create a well-balanced portfolio with built in geographic and species diversity, a mix of conservation stewardship and conservation development opportunity, sensational water amenities and recreation resources, and the opportunity for sustainability accounting and climate smart forestry.
Leavitt Plantation: 8,785± acres, York County, Maine:
This 8,785± acre tract located on the New Hampshire-Maine border in the York County town of Parsonsfield is a magnificent timber resource. Of its total area, 95% is commercial timberland. It is encumbered by a Maine Bureau of Public Lands conservation easement that is very well structured for productive ongoing forest management activities. While the bulk of the ownership falls under the terms of the easement, there are two inholdings acquired under the current owner’s tenure that provide some small development potential.
The key value in this ownership is the overall quality and productivity of the forest. The species composition and market availability, along with very productive forest soils generating excellent growth rates make this tract remarkably consistent in its production and economic vitality. At the same time, it has a rich riparian ecosystem with productive trout streams that traverse the ownership. This property is an excellent natural capital investment with opportunity to participate in sustainability accounting principles and practice climate smart forestry. Truly a forester’s forest.
