LandVest Corporate Headquarters: Ten Post Office Square, Boston, MA 02109     Phone:(617) 723-1800
 
LandVest Photo Gallery: Shingle-Style Homes for Sale
By LandVest
 

Shingle-Style homes evolved following the 1876 centennial celebration in reaction to the highly ornamented and colorfully painted Victorian-style houses of the time. With the Fourth of July around the corner, LandVest looks at this uniquely American architectural style.  Click on photos to see these LandVest listings.

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Lyme, NH Real Estate for Sale: Hermitage Farm on Washburn Hill Road
By LandVest
 

LandvestThis blog entry was authored by Susan K. Murphy of LandVest’s Concord, NH office

246± acres with open fields and panoramic mountain views into Vermont

Behind a dirt road, lean trees sway in the spring breeze. Early season buds contrast the bright blue skies, and the emerald grasses of maintained fields frame this historic site. Old stone walls, some as tall as I, are warmed by the afternoon sun. A walkway of large, flat, stones float amid the country courtyard lawn, and daffodils peek through the garden’s rich soil. The stone walls embrace the gardens and wrap around the home’s porch entry, offering a familiar comfort to its visitors. Above, a rolling lawn conceals a heated pool and an apple tree dripping with pink and white blossoms – perfectly positioned for a chaise beneath its shade on a warm summer afternoon.

Completely private lawns and outdoor spaces within walking distance to Lyme

Trails meander through the land, and open fields are framed by woodlands. The land cascades along the hillside, reaching toward the Vermont Mountains and scenic regional farmland. It is peaceful at Hermitage Farm. Two barns link the property to an era of long ago, yet lend themselves to current uses. One now serves as a potting shed and home to chickens and their abundant, fresh eggs. The front wall is bordered by a white fence, open to the fresh air – I picture a child’s first pony peeking over the white railing in anticipation of an apple from the home’s own tree. The larger barn is proud in its structure, and exposed beams serve as a reminder of the labor of love that created the hand-hewn beams and wide paneled walls.

All in-ground heated swimming pool

246± acres surround the expanded antique brick cape, peacefully positioned away from the bustling energy of Hanover and Dartmouth College. Yet, as Lyme’s church bell chimes from the visible white steeple, it is evident that this private location bears a connection to this New Hampshire community.

To learn more about Hermitage Farm, please click here (http://hermitagefarm.landvest.com/)

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LandVest Photo Gallery – New England Farms
By LandVest
 

Longing to live in the country? Looking for an idyllic peaceful setting with rolling acreage, pastures, paddocks or privacy? Click on the photos to see details of these New England Farms for sale.

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TUNE IN: Moultonborough, NH Estate for Sale featured on Chronicle
By LandVest
 

Indian Portage in Moultonborough

Indian Portage, a spectacular waterfron compound in Moultonborough, NH will be featured on tonight’s Chronicle, Main Streets and Back Roads: Plymouth, NH.  Chronicle is on Boston’s Channel 5 WCVB.  Tune In!

Click for more information on Indian Portage

Chronicle is a newsmagazine show produced at two Hearst Television-owned New England television stations, WCVB-TV Ch. 5 in Boston and WMUR-TV Ch. 9 in Manchester, New Hampshire. It airs weeknights at 7:30 PM on both stations, offering an informative lifestyle, cultural, and news-related magazine format, most often covering a single topic per broadcast.

http://www.thebostonchannel.com/chronicle/29797624/detail.html

For more info on Indian Portage:

http://indianportage.landvest.com/

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Squam Lake, NH Real Estate – An Opportunity to Build a Boathouse Where No One Else Can
By LandVest
 

Landvest This blog entry was brought to you by Kristin Claire who assists buyers and sellers of extraordinary New Hampshire real estate. 

We have written often in this blog about the dreams realized by remarkable real estate. Joe Cambi took more than 10 years to assemble the land and build Indian Portage, a remarkable Squam Lake waterfront estate in Moultonborough, New Hampshire.  Finally, the crowning jewel of the property is in place.  The boathouse foundation has just been completed by Watermark Marine Construction.  Complete plans designed by noted Architect Chris Williams are available for a new owner to finish the project. 
New boathouses are nigh on impossible to build on Squam Lake, yet they are the signatures of great waterfront properties. The boathouse was just part of Cambi’s vision to create a classic family compound. The property has a distinguished lineage: originally purchased in 1905 by Louise Schrafft (William F. Schrafft & Sons Confectionary) and her husband Robert Herman Otto Schulz, this was the first of four properties purchased on Squam Lake by the Schrafft family. Another of the Schrafft built Squam homes was sold by LandVest in November of 2010 and was the highest residential sale in the state for that year (see blog LINK….). The Schulz Family retained ownership of the property until the sale to Joe Cambi.  In addition to purchasing the Schulz property in pieces, Cambi was instrumental in the protection of Pine Hill Farm, a 100+ acre farm which directly abuts Indian Portage to insure the future of serene Bean Cove. 

 

 

 

 

Joe Cambi’s stunning recreation of a classic Adirondack style lodge includes 6,000 square feet of living space, soaring beamed ceilings and stunning stonework.  Click for more detail on the Estate . In addition to the main house and planned boathouse, Mr. Cambi also completely rebuilt one of the Schrafft family cottages in the same Adirondack style as the main house. Perched on the water’s edge, the one room cottage includes a stone fireplace, electricity and a deck built over the lake. 
Before English settlement to the area, lakes and rivers were connected by well-traveled paths called portages by Native Americans.  The property has been named Indian Portage after one such path that ran through the property connecting Squam Lake to Lake Winnipesaukee via Wakondah Pond and Lake Kanasatka.  Abenaki artifacts found on the property are now on display at the Harvard Museum.  To honor this history, Cambi commissioned a local sculptor to create life-size Indian statues tucked in the woods so as to appear to walk quietly along the trail. 
Indian Portage offers Squam Lake Waterfront living at the highest standard, with stunning new construction respectful of the remarkable history of the property. 

Click for more information of Indian Portage on Squam Lake, NH

Contact Kristin Claire at Kclaire@landvest.com

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Keith Ross of LandVest Leads N.E. Forest Conservation Initiative
By LandVest
 

LandVest Senior Advisor Keith Ross is a leader in the effort towards collaborative land conservation.  In a recent article that appears in the fall edition of Northern Woodlands magazine, Conserve More Land Today through Parcel Aggregation, he promotes this concept of collaborative “aggregation” of woodlands; combining or “bundling” preserved land from separate owners into one larger project.  This process conserves large landscapes and attracts interest from motivated landowners and investors alike. 

The strategy may seem like a difficult feat, but recent examples in New England prove this is feasible and beneficial.  In Western Massachusetts, seven land trusts are working together to obtain funding to buy conservation easements for more than 10,000 acres of timberland owned by 71 landowners, and have raised over seven million dollars to-date.  Several other areas throughout New England have been replicating this land aggregation concept and have been successful lowering costs related to conservation easement monitoring, and appraisals.

Why is land aggregation beneficial for land owners? 

Not all forest conservation projects are significant enough to be completed as stand-alone individual projects.  Most are smaller acreages that have significant ecological values to maintain large forest blocks or protect lakes, ponds, streams, wildlife habitat, etc.  By grouping these projects together they can attract funders that don’t normally focus on small individual projects and the costs of the transactions can be reduced by grouping together the appraisals, negotiations, baseline documentation, etc.

 Why is land aggregation beneficial for the land? 

Most forest land conservation projects are not the highly visible road frontage pieces people drive by every day, nor are they the large mega acreage tracts that are conserved up north.  Most are much smaller tracts that are important to knit together to ensure we have large blocks of forest necessary to ensure the production of clean air and clean water that support all of us.

For more information on Collaborative Land Conservation Contact Keith Ross

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Real Estate Tax News – Land Owner Tax Incentives Extended
By LandVest
 

Great News For Land Owners and Those Interested in Purchasing Large Tracts of Land for Sale -  Enhanced Tax Incentives Extended  

Landvest This blog post was brought to you by Terry Boyle who assists buyers and sellers of distinctive and complex real estate transactions on the South Shore and South Coast/Buzzards Bay real estate markets of Massachusetts.  

As fall turned into winter in 2010, there were the usual year end jitters for retailers, travelers, and college football fans, but this year, there was another group not typically included in those biting their nails when the New Year approached: large land owners, land conservation groups, open space advocates, and real estate advisory firms like LandVest. This last group was taking its turn looking into the great unknown of the New Year due to the United States Congress debate on whether it was still appropriate to offer federal tax incentives to private land owners in return for their permanent voluntary donation of land development rights. 

Further, even if Congress did decide to continue the program and offer incentives, it was unknown at what rate. 

Background:  Since 1891, when the first regional land trust in the US, The Trustees of Reservations, was founded, land trusts (or conservancies, or trusts) have been working to conserve or protect a variety of real estate that is seen as having inherent value, including, but certainly not limited to: land, natural resources, cultural resources, scenic corridors, archeological sites or battlefields, and marine resources. The Land Trust model now exists, in some form, throughout the world.  

Land trusts in the United States typically use a Conservation Easement (or Restriction) to memorialize an agreement between the owner of the land or resource and the organization. This easement or restriction exists in perpetuity and becomes appurtenant to the property.  In return for this restriction of property rights, an owner in the United States typically receives a federal and  in some cases a State tax credit. 

The Conservation Easement does not have to completely restrict the property. The Conservation Easement is a flexible document that can be crafted to ensure that the private landowner is allowed to continue to own and use the land. Land trusts can hold easements on protected property that allow for continued recreation in the form of hunting, hiking, camping, wildlife observation, or other responsible outdoor activities. It is also typical that easements can allow for continued agriculture, ranching or logging on the protected property if appropriate.  

The federal tax benefits to the private landowner expanded in 2006 when new legislation signed by President George W. Bush expanded the amount that conservation easement donors could deduct. With the passage of the Farm Bill in the summer of 2008 these expanded federal income tax incentives were extended such that they also applied to all conservation easements donated in 2008 and 2009.  

These expanded tax incentives expired at the end of 2009, and it became difficult to predict the future of this federal tax incentive program. By mid 2010, land owners, land conservation groups, agricultural and timber groups, and real estate advisors were all forced into “wait and see” mode. Ultimately, at the end of 2010 Congress renewed without change the enhanced tax incentive for private landowners who protect their lands with voluntary conservation restrictions. The enhanced incentive will now be effective through December 31, 2011, and it is retroactive to January 1, 2010.  

  


Conservation-minded landowners now have until the end of 2011 to take advantage of the enhanced incentive for donating voluntary conservation restrictions to permanently protect important natural resources on their lands. The continued enhanced incentive:  

  • Raises the deduction a donor can take for donating a voluntary conservation restriction from 30% (pre 2006) of their income in any year, to the current rate of  50%; and
  • Increases the number of years over which a donor can “spread” deductions from the gift from 6 years (pre 2006), to the current rate of 16 years.
  • Landowners who can claim more than 50% of their income from farming or forestry can claim up to 100% of their annual gross income in charitable donations for conservation easements.

This continued tax incentive is an essential component in some real estate valuation scenarios and should be completely understood by land owners before making decisions concerning a real estate asset with some measurable “land component”. LandVest has extensive experience helping landowners understand and explore the options provided by the donation of property rights for charitable purposes. 

March 2011 will mark the 10th anniversary of the Pingree forest easement which was conceived and directed by LandVest Senior Advisor Keith Ross when he was the Vice President and Director of Land Protection for New England Forestry Foundation. At 762, 192 acres Pingree forest conservation is still the largest in the country.

  

If you would like more information please contact Terry Boyle  Tboyle@landvest.com.  

Click for more information regarding LandVest’s Conservation and Real Estate Consulting Services.  

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Tuttle Farm – An Exciting Real Estate Opportunity
By LandVest
 

The historic Tuttle Farm, well-known as the oldest family farm in the country, is currently up for sale. The farm was recently listed with LandVest and offers an exciting opportunity for those interested in continuing the development of the farm for commercial or non-commercial agricultural purposes, creating an equestrian facility, or any other non-commercial recreational use.

The 134± acre-Dover, New Hampshire farm is just over 65 miles from Boston, Massachusetts, and 7 miles from Portsmouth, New Hampshire, a location in Southern New Hampshire with easy access to city amenities, but maintaining a distinctive country feel. The irrigation ponds and land have been immaculately maintained and are used for a variety of crops, just as Tuttle’s Red Barn, the specialty market on the property, included in the offering, is also good-as-knew.

The farm is renowned for the best corn in New Hampshire, as well as delicious cucumbers, lettuces, tomatoes, squash, and several varieties ofberries. Locals highly regard the corn at Tuttle Farm as the best in the state. All produce grown at the farm can be purchased at the 7,000± square-foot pine-paneled market, Tuttle’s Red Barn, which currently also features gourmet baked goods and garden items.

The past ten years have seen a huge transition towards locally-grown produce and sustainable crop consumption, resulting in healthier lifestyles for Americans as well as greater security for farmers. The public is extremely health and nature conscious, which provides opportunity for farmers and produce managers alike. The sustainable food movement has made the general population more aware of local farms and has changed the way many people eat. This is a growing trend and one that is especially popular throughout the Northeast.

For further information on Tuttle Farm and other real estate for sale in New Hampshire please contact Robert E. Gregg.  Robert E. Gregg assists buyers and sellers of fine properties throughout New Hampshire including classic farms, equestrian properties, and waterfront estates on Squam Lake and New Hampshire’s seacost.

To view all New Hampshire properties for sale by LandVest brokers, please visit this link.

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