PROPERTY HIGHLIGHTS

PROPERTY FOR SALE – PERFECT FOR CULTIVATING A VARIETY OF CROPS, PARTICULARLY OF THE HERBAL VARIETIES.

+ 1,646 acres of land in the Green Mountains of Vermont adjacent to Sugarbush Ski and Golf Resort.

+ 10,000 year old granite enclosed aquifer delivering 800 MILLION GALLONS of pure, glacial spring water per year and continuously being recharged. ( Vermont law - owner of the land owns all rights to the water.)

+ Never been farmed or occupied.

+ Zoned for agriculture, water extraction, housing, timber harvesting.

+ Alternative energy – hydropower, solar and wind power – enough to support commercial business operation and housing OFF THE GRID.

+ Private and secure, heliport or landing strip possible. Large enough site so that any buildings or development are not visible from the public roads. (Site is close to Ben & Jerry’s HQ and production facility.)

+ Vermont Economic Development eager to give grants ranging in value from five to seven or more figures.

+ Local Town eager for commercial operation for tax revenue.

www.cbre.com

FOR SALE

SPRINGSTONE FARM459LONG ROADWaitsfield, VT 05673

FOR SALESPRINGSTONE FARM

PROPERTY DESCRIPTION AND ZONINGSpringfield Farm is the last large undivided tract of land available in Washington County, Vermont. It is comprised of virgin forests, pastures, streams and mountains. The largest self-contained glacial spring aquifer in Vermont, and possibly New England, lies beneath the surface and within the boundaries of Springstone Farm.

The subject land consists of 1,646 acres, of which 1,543.5 acres are located in Waitsfield and 102.5 acres are located in Northfield, Vermont.

Unique features include Scrag Mountain and Mount Alice, valleys and hills. The property also contains a granite enclosed glacial spring aquifer, which is estimated as more than 10,000 years old. This glacial spring produces 2 million gallons of water daily at a pressure of 60 lbs per square inch, equal to 4.08 atmospheric units. This amount of pressure can supply water and hydro power to an entire community of 4,800 residents. Additionally, the water can be sold in bulk or bottled, used for agriculture, golf courses, resort/spa and a myriad of other uses.

The property is zoned for agriculture, residential development (2 acre minimum) and water extraction. Wind and solar power are potential sources of alternate power.

Subject Address 459 Long Road

Legal Description 20002000

City Waitsfield

County Washington

State Vermont

Zip Code 5673

Census Tract 50023080

Map Reference 20002000

Size 1,646 acres

SUMMARY OF SALIENT FEATURES

* For further information and photos, please contact:Martha Burton at 310-550-2649 or mobile 917-375-0658

459LONG ROADWaitsfield, VT 05673

Taxes

Tax Year 2014/15 Town of Waitsfield $31,210.80

Tax Year 2014/15 Town of Northfield $2,712.24

TAXES AND PERMITS

STATE OF VERMONT PERMITPublic Water System to Construct. Last renewal in 2009, renewable every 2 years.Permit allowed extraction of 600 gals per minute, which can be increased.

VALUATIONSpringstone Farm is unique. It defies valuation by utilizing Comparable Sales or by Income Approaches to Value. It is the largest undivided tract of land in Washington County, Vermont, with the largest self-contained glacial spring aquifer in Vermont and possibly New England.

ASKING PRICETBD – To be discussed

DEMOGRAPHICS MAP

© 2016 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

www.cbre.com

FOR SALESPRINGSTONE FARM

459LONG ROADWaitsfield, VT 05673

CONTACT US

MARTHA BURTON First Vice President+1 310 550 2649martha.burton@cbre.comLic. 01848486

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This map contains information from sources we believe to be reliable, but we make no representation, warranty or guaranty of its accuracy.This map is published for the use of CBRE and its clients only. Redistribution in whole or part to any third party without the prior written consent of CBRE is strictly prohibited.

2007 Population:2012 Population:

543,786552,800

50 Miles

100 Miles2007 Population:2012 Population:

1,758,9831,813,494

2007 Population:2012 Population:

8,914,7369,008,546

150 MilesC A N A D A

© 2007 CB Richard Ellis, All Rights Reserved. Sources: CBRE Mapping Services (877) 580-4674; Claritas, Inc./GDT, Inc. MapFiles\Work2007\141127.wor 7/17/2007