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$ 12,500,000
Est. payment | /mo
$ 12,500,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11555573
Property Description
Redwood 1's 3,750 acres, located in the coastal mountain range between Mendocino's Anderson Valley and the coastal town of Elk, presents the rare opportunity to invest in a substantial, productive and sustainable native tree farm. Forest assets of this caliber are few and far between and are usually traded quietly amongst the conglomerates that dominate California's redwood and fir market. Redwood 1 is comprised of an estimated 47 million board feet (mmbf) of timber with roughly a 40/60 split redwood to fir. In the past 15 years only 2 smaller NTPs have been filed, the North/Big Bend THP (1-11-095-MEN) and the current South THP (1-22-00091-MEN) as well as a minor salvage logging of 300 mbf in 2009. 650 dbf was taken out of North/Big Bend in 2017-2018 with 55% redwood. An estimated 1.8 mmbf is harvestable in the South NTP. Owl calling is up to date for the current South NHP. Redwood 1 is easily accessible off of Signal Ridge Road and has miles of internal roads and multiple points of ingress and egress. Besides a straight sustainable timber operation, Redwood could also be a candidate for carbon credit banking though market data seems to point to sustainable harvesting to be the more viable choice. Furthermore, multiple Certificates of Compliance/"Legal Parcels" provide an additional conservation easement play. TPZ zoning for low property taxes. Redwood 1 is a multifaceted investment opportunity and essential part of any truly diverse real property portfolio.
Location
State CA
County 06045
Rooms
Kitchen 0
Nearby Locations
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Wally Kerr
Broker | License ID: 83230