5,700 Acres in Hancock, ME - $2,500,000
The Eagle Lake property is an opportunity to leave an inheritance to your childrens children. This parcel has excellent timber regeneration and should be a consideration for a long term timber holding. The abutting land owners have conservation in mind. To the north you will find close to 50,000 acres that are protected by a combination of conservation easements and public reserved land. To the south is nearly 40,000 acres which is currently owned by the largest private land owner in the United States.
The property should be consideration for any investor looking for a tax shelter to save on Federal Estate Taxes and Federal Income taxes. But dont simply look at the investment and potential tax savings of Eagle Lake, the outdoor adventures are almost limitless. Hundreds of miles of wild brook trout streams and rivers are in the immediate area. The historic Penobscot River Indian ...
The property should be consideration for any investor looking for a tax shelter to save on Federal Estate Taxes and Federal Income taxes. But dont simply look at the investment and potential tax savings of Eagle Lake, the outdoor adventures are almost limitless. Hundreds of miles of wild brook trout streams and rivers are in the immediate area. The historic Penobscot River Indian canoe trail (now the Eastern Maine Canoe Trail) is the hub for paddling routes down the Union, Narraguagus and West Machias rivers. The canoe trips offer some flat water as well as class I, II and III white water rapids.
If youre looking for more modern form of outdoor adventure, jump on an atv and travel from Eagle Lake to the coastal town of Milbridge which is approximately 40 miles south.
Property Features:
- Over 11 miles of interior roads
- Over 3 miles of water frontage on Eagle Lake
- Land encompasses Little Pickeral Pond
- Abutting land owner is John Malone the nations largest private land owner
- Designated ATV trail runs from the property to the Atlantic Ocean, approximately 40 miles south.
- Abutts 20,000 acre Nicatous Lake Conservation Project which protected 30 miles of undeveloped shoreline on two lakes and five ponds.
- Permanent Public recreational access to nearly 50,000 connected acres of state and private conservation lands.
- Located just north of the subject property is 5,100 acre Nicatous Lake. Considered to be one of Maines most pristine water ways, Nicatous Lake is over 8 miles long and has nearly 100 islands and many private beaches.
- West Lake, one of Maines finest trophy Landlocked Salmon Lakes is just to the north of the Subject Property.
- Views of Eagle Mountain to the south.
- Many trout brooks and streams in this part of Hancock County
- Multiple points of elevations throughout the property offering views of the hills and valleys
- All types of wildlife from moose and deer to bear, bobcat and eagles.
- The Eastern Maine Canoe Trail is a short distance from the property.
