NORTHWEST RIVER FOREST A multiple-use parcel with over a mile of river frontage, a developing timber asset, and located within minutes of Sebago Lake, Maine 1,424 +/- Acres Sebago, Cumberland County, Maine Price: $760,000 Fountains Land Inc., 175 Barnstead Road, Suite 4, P.O. Box 25, Pittsfield, NH 03263 Contact: Patrick Hackley ~ [email protected] ~ (603) 435-7428, Ext. 230 ~ Cell (603) 491-3649 www.fountainsland.com LOCATION Northwest River Forest is located in the small town of Sebago, Maine, less than a mile west of Sebago Lake and less than thirty miles northwest of the city of Portland. Covered by forested hills and graced by many water bodies amid the rolling landscape, Sebago and the surrounding towns offer the best of northern New England’s natural beauty. Located only thirty miles northwest of Interstate 95, the parcel represents options for a rural retreat, recreation, and a timber/real estate investment well within an hour of Portland, Maine or three hours of Boston, Massachusetts. The Northwest River, which defines the parcel’s western boundary, originates at Peabody Pond and flows southward for several circuitous miles before emptying into Sebago Above: Complementing the beauty of the surrounding Lake. Blessed with numerous lakes, ponds Sebago Lakes Region, Peaked Mountain, Perley Pond and rivers, the area hosts a thriving summer and Northwest River are prime natural features in the camp and second home culture where area. generations of seasonal residents and out-of-state visitors return each year to fish, swim, boat and relax by the scenic waters. The village of Bridgton, about 10 miles to the north, is a popular stop for Lakes Region vacationers and White Mountain wayfarers. Naples, about 8 miles to the east, is located at the south end of Long Lake and serves as a central “hub” for big lake boaters. Hiram, to the southwest, reflects a traditional, small New England village with a combination of Victorian homes and businesses situated within the Saco River Valley. ACCESS/BOUNDARIES Access is provided by several town roads, rights-of-way, and multiple historical temporary points of entry. This access infrastructure offers complete forest coverage for silvicultural operations with few, if any, further improvements required. While comprehensive for forestry and recreational pursuits, this access also benefits future development opportunities. The main parcel (1,104 acres) contains 3,100’ of frontage along Peaked Mountain Road, which is town-maintained at the property’s eastern end and seasonally maintained at the western end. Three driveway entry points have been established along this town road. The parcel’s northern portion possesses nearly 6,283’ of frontage along Tiger Hill Road, a discontinued town road, also containing three established driveway points of entry. The western section of the property benefits from 1,286’ of frontage along Folly Road (seasonally town-maintained) with two established driveway points of entry. The eastern tip of the forest benefits from 465’ of frontage along Kimball Corner Road The parcel has major frontage on (fully town-maintained), where one driveway leads into the forest. Peaked Mountain Road which is town- maintained for much of its length. Fountains Land Inc — Specializing in the sale of forestland and rural estates. ACCESS/BOUNDARIES (CONTINUED) Internal access is well-established with 12 miles of mostly seasonal roads that extend into all major potions of the main parcel. Three smaller rectangular parcels being offered for sale with the main parcel are located south of the Peaked Mountain Road, referred to collectively as the “Phillip Mountain Tract” in the deed. (For reference in this report, they are Parcels I, II and III respectively.) Parcel I (most northerly lot) has roughly 800’ of frontage along Peaked Mountain Road and nearly 1,000’ along Kimball Corner Road. An internal gravel road, originating from Peaked Mountain Road, bisects the parcel and runs off the property for a short distance before entering Parcel II. The section of road that runs off the property has traditionally been used under a mutual crossing agreement with the adjacent ownership (who requires a reciprocal use of the Parcel II access). Additionally, access to the extreme eastern portion of Parcel II has traditionally been from a truck road that leads off Kimball Corner Road and runs through an adjacent ownership. This access route has also been arranged in the past via a temporary crossing agreement. It is understood that a legal right-of-way exists to Parcel III from Folly Road which runs through an adjacent ownership (not depicted on the maps). Additionally, an historic, temporary access route across an adjacent landowner has been used in the past for silvicultural purposes. All of the above mentioned roads and their access status are depicted on the maps provided in this report. Hancock has well-maintained property boundaries Parcel Acreage Road Condition Frontage & Comments Main Excellent ~4,000+ ‘ on town-maintained Peaked Mtn. Rd. w/ power Parcel 1,104 OK - drivable ~1 mile+ unmaintained gravel along northern boundary I 85 Excellent ~800’ on Peaked Mtn. Rd. w/ good interior access road II No town rd. frontage; access gained via crossing thru Par- 154 OK cel I & mutual crossing agreement with abutter. III Historical access via crossing abutter off town-maintained 80 OK Folly Rd.; Legal ROW exists from Folly to SE boundary Parcel acreage is not indicated in the deed history and no survey is available. The best estimate of acreage is sourced from GIS data which indicates 1,424 acres. This information is based on GPS coordinates and maps provided by the ownership. All of the maps and timber data in this report are based on this GIS calculated acreage, which has been cross-referenced using aerial photography. This acreage and associated maps are NOT survey accurate and thus acreages may be unreliable. Therefore, buyers should not rely on them to precisely locate deeded boundary lines in the field. However, based on a long history of property management (by the current and former owners) the boundaries, as portrayed, appear to accurately represent the property. Generally, boundary markers are evident in the field as red blazes with red aluminum posts, and have been maintained in the past 10 years. Tax records indicate 1,460.42 acres. It should be noted that the ownership sold 50 acres of the main parcel north of Peaked Mountain Road; this acreage is not reflected in the town tax records. Maps and timber data in this report however have been adjusted to reflect this sold acreage. Fountains Land Inc — Specializing in the sale of forestland and rural estates. SITE DESCRIPTION The main parcel possesses the greatest variety of site qualities. With the exception of the western portion bordering the Northwest River and another portion just east of Tiger Hill (both consisting of hydric soils), most of the parcel has well-drained soils with coarse cobble, and small boulder content. Overall, the soils and moderate terrain are conducive to a variety of property uses including home development. Two substantial wetland complexes, one controlled in part by beavers, offer waterfowl habitat and add an aesthetic amenity to the forest. The Northwest River shoreline is almost entirely lined with heath, alders and other wetland vegetation—a prime habitat for various Larrabee Mountain (889’ ASL) offers just enough species of migratory waterfowl including elevation to provide views of a few of New Hampshire’s mallard, pin tail, and Canada geese. The White Mountains. Better views are possible with forest/wetland transition zone near the river minimal tree clearing. corridor is also favorable for woodcock. The two highest points on the property, Tiger Hill on the west and Larrabee Mountain along the eastern border, offer scenic house site potential with possible views of area lakes (Peabody and Sebago). With recent tree clearing, Larrabee Mountain offers a view of Peabody Pond and long-distance views of New Hampshire’s White Mountains. Driveway and utility installation on these two sites would not be out of reach for some developers. Parcels I & II – Parcel I is bounded on the west by a slope of substantial measure and to the east by a small brook and associated wetland. This parcel’s greatest asset is its ~900’ of frontage on the town- maintained Peaked Mountain Road. The soil and terrain directly fronting the road offer the best potential for residential building. Although fairly well-drained on the west side of the access road, the slope limits building opportunities. The “back lot” - Parcel II - has similar soils and terrain as Parcel I, but its bowl- shaped topography creates a small wetland at the base, near a former log yard. The main skid trail bisects the parcel, providing access to the upper reaches where small “plateaus” exist. From here, east- facing views of Sebago Lake may be possible with tree clearing. Parcel III – The exceptionally steep terrain on the northern two thirds of this parcel, and wetlands in the lower portions, dictate that continued woodlot management and the location of a secluded recreational camp will be the most suitable options here. Overall, the forest’s diverse site qualities are well- suited for continued forest management, recreation and long-term subdivision potential, particularly on those sites benefiting from town road access and attractive views. Views of Peabody Pond and local ridges are also available from Larrabee Mountain which is situated on the east end of the main parcel. Fountains Land Inc — Specializing in the sale of forestland and rural estates. TIMBER RESOURCE Northwest River Forest offers the investor a unique opportunity, combining a balanced timberland investment property located within Maine’s popular Sebago Lake Region. Asset performance will be rooted in its pine, oak, maple, and hemlock resource, while its significant size and location offer value- added amenity relative to conservation or kingdom lot interests.