We are selling the 169-acre Landon Farm in South Hero, Vermont, as part of our Farmland Access Program.
The Landon Farm was conserved in 2003 in partnership with the South Hero Land Trust, the Lake Champlain Land Trust, and The Nature Conservancy of Vermont.
We are looking for a qualified farm buyer to purchase and operate the Landon Farm.
VLT is willing to lease the farm for up to two or three years before a buyer would acquire the farm. Minimum lease payments of approximately $1,000/month would cover holding costs. Payments made beyond the minimum amount during the lease period would be applied towards the purchase price. Alternatively, VLT is willing to hold an interim mortgage on the property or provide some bridge financing to a selected farm buyer, if that is necessary to complete the sale. Final terms of a mortgage would be negotiated between VLT and the selected buyer.
Once a buyer is selected, a final transition plan will be negotiated.
This is a unique opportunity to acquire a farm in the Lake Champlain Islands with easy access to Burlington.
The 169-acre farm is located on both sides of Landon Road directly off Route 2 in South Hero.
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The farm has 100 acres of cropland and pastures. The hayland and pastures have been organically managed and high tensile fencing has been installed around the perimeter. Watering systems and cattle lanes have been installed in the pastures.
The soils include a mix of sandy, silt and clay loams suitable for a variety of cropping options. The varied slopes and field and pasture locations are ideal for a mixed-use livestock farm as well as for a CSA. The woodland includes a maple sugarbush with approximately 2,000 taps. The primary water source is a drilled well.
The farm includes the following buildings:
The Landon Farm is subject to an existing farmland conservation easement that requires the land to remain a working farm in perpetuity, engaged in agricultural, forestry, non-commercial recreational, and educational uses.
The conservation easement includes a 3-acre farmstead complex on which the existing house and barns are located. Within this complex, additional agricultural and/or forestry-related structures can be built without prior approval from VLT. A second house and additional farm structures may be constructed within the three-acre northern farmstead complex.
Other agricultural and forestry-related structures may be built elsewhere on the property with prior written approval of VLT except within the designated scenic protection zones. There are additional provisions included in the easement to ensure the long-term affordability of the property to future owner-operators include:
The farm will be sold at its current appraised value of $460,000. Should a buyer enter into a lease agreement, the price of the farm will be $460,000 at the end of the lease period (minus any additional payments made during the course of the lease).
VLT will select a proposal from a buyer who best fits the following criteria:
VLT is often presented with several good proposals, so this is a competitive process. Reaching a final decision on the farm buyer involves several steps. A decision-making team consisting of VLT and SHLT staff members will reach a consensus on the top-tier proposals, followed by in-person interviews and reference checks for these top-tier applicants. Upon completion of this process a final buyer will be selected.
If you are interested in making an offer, we will need the following information:
Please send your offer and related materials to:
Vermont Land Trust
8 Bailey Ave.
Montpelier, VT 05602.
If you have any further questions about the farm resource and process, or if you cannot make this deadline, but are interested in the farm, contact us anyway; we will keep you informed of the progress of the farm sale.
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