433 Wightman Hill Road, Richford, VT, 05476 | $225,000

Discover endless possibilities on this 30. 9+/- acre mature maple forest in the quiet mountain town of Richford, Vermont. Accessed via Wightman Hill Road, a year-round town-maintained gravel road, this property offers incredible convenience with Vermont Electric Coop and Consolidated Communications utility poles already on-site. You are perfectly positioned just minutes from the Canadian border, 10 minutes to Montgomery, and only 20 minutes to the legendary slopes of Jay Peak Resort. The land boasts approximately 2, 500 mature maple sugar taps on a northeast slope, potentially allowing for a single main line down to the sap house. A sturdy 12’ x 28’ stick-built shed with 10-foot walls sits on the property. Originally designed to house sap bulk tanks, it can easily be used to launch your sugaring business, converted into a rugged hunting camp, or utilized as secure storage for ATVs and snowmobiles. If you are looking to build a primary residence or a recreational cabin, the front of the property has been cleared. The most practical and picturesque building spot sits just inside the wood line, utilizing the extra elevation to capture excellent views similar to the northern neighbor. An excellent woods road travels deep into the property, leading to a second clearing with equally amazing sights. Septic soil testing has been ordered, and reports will be provided upon receipt. The property is accessible and well-maintained, having been carefully logged a year and a half ago to remove storm-damaged trees. Because it is not currently enrolled in the Vermont Current Use program, you face no immediate building limitations or tree-size tapping restrictions, though the parcel is large enough to enroll and significantly reduce property taxes. Whether you want a profitable sugaring income, a winter sports basecamp, or a true "Big Woods" experience renowned for excellent deer and black bear hunting, this versatile property is the perfect canvas for your Vermont dreams.

Features

  • Zoning: Ag, Forest/Conservation
  • Frontage: 201
  • Lot Desc: Near Paths,Near Skiing,Near Snowmobile Trails,Rural,Country Setting,Field/Pasture,Major Road Frontage,Mountain View,Recreational,Secluded,Stream,Trail/Near Trail,View,Wooded,Near ATV Trail,Near School(s)
  • Elem. School: Richford Elementary School
  • Middle School: Richford Jr/Sr High School
  • High School: Richford Senior High School
  • School District: Franklin Northeast
  • MLS#: 5095733
  • Website: https://www.raveis.com
    /prop/5095733/433wightmanhillroad_richford_vt?source=qrflyer
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Listing courtesy of Preferred Properties   Phone: 802-862-9106
Listing Agent: Curtis Trousdale

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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433 Wightman Hill Road, Richford, VT, 05476

$225,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $180,000 $180,000 $180,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.512% 5.866%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,078 $1,123 $1,483
Total Monthly Payment $1,153 $1,198 $1,558

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.