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.
Downeast: Spectacle Lakes and Dennysville: 24,925+ acres, Washington County, Maine:
The Downeast unit totaling 24,925+ acres includes the Spectacle Lakes tract, 21,882± acres, located in T-19 ED and the 3,043+ acre Dennysville tract. These pine and softwood dominated tracts offer an unencumbered timberland investment opportunity to acquire well stocked and rapidly growing forests that also provide a wide and diverse range of other investment considerations.
With significant shoreline frontage on Love Lake, Long Lake, and Round Lake, along with the two fully contained Spectacle Ponds, many miles of salmon river and streams, plus various wetlands, flows and bogs, this package offers a remarkable conservation story and/or recreational development potential. ATV & snowmobile trail systems overseen by the state of Maine enhance the property's recreational accessibility and connectivity to other regional trails. Additionally, an active cabin leasing program is in place generating meaningful recreational revenue.
