$12,500,000
8555 Signal Ridge RD Philo, CA 95466
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Listed by James M Martin III • California Outdoor Properties, Inc
$12,500,000
Est. payment /mo
163,350,000 SqFt
Active
8555 Signal Ridge RD Philo, CA 95466
UPDATED:
11/07/2024 08:06 PM
Key Details
Property Type Vacant Land
Sub Type Agriculture
Listing Status Active
Purchase Type For Sale
Square Footage 163,350,000 sqft
Price per Sqft $0
MLS Listing ID 324087955
HOA Y/N No
Lot Size 3750.000 Acres
Acres 3750.0
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 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 Legal Parcels for conservation easement & TPZ for low tax.
Location
State CA
County Mendocino
Area Anderson Valley
Zoning Timber Preserve
Exterior
Fence None
Utilities Available None
Building
Lot Description Greenbelt
Sewer None
Water Private
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