8555 Signal Ridge Rd, Philo, CA 95466

$12,500,000

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List Price
$12,500,000
Status
ACTIVE
Days on Market
678
MLS#
324087955
Subtype
Land
Lot Size
163,350,000
Acres
3750
Neighborhood
Anderson Valley
MLS Area Major
Anderson Valley

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 half 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.

Listing courtesy of James M Martin III from California Outdoor Properties, Inc

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