Achieving Conservation and Financial Goals: Greater Boston’s Largest Conservation Sales

Based on our research, below are twelve of the largest conservation sales (by dollar amount) that have occurred in Greater Boston since 2005. These purchases were made by municipalities, state agencies and non-profit organizations and include:

  • Fee simple (sales of land in its entirety)
  • Conservation Restrictions (CRs)
  • Agricultural Preservation Restrictions (APRs)

LandVest has been involved in seven of these twelve sales.

Our roles included:

  • Advising and representing landowners and other stakeholders
  • Undertaking complex valuations
  • Managing due diligence
  • Developing partnerships and public support
  • Attracting public and private funding
  • Advising on disposition options, and stewardship and management issues

Conservation sales, large or small, are often complex.  LandVest can help landowners make informed decisions in navigating these transactions to ensure their financial and conservation goals are met.

In each project, LandVest brought experience and skill to the table, including land planning, valuation, project management and brokerage services.  We can manage all aspects of a conservation sale from beginning to end (or only select aspects), depending on our clients’ needs.

Conservation Sales: Pegan Hill
Aerial of Pegan Hill, a 40 acre LandVest listing in Dover and Natick that was purchased by The Trustees of Reservations and the Dover Land Conservation Trust.

 
If you would like to learn more about LandVest’s conservation transaction services and how we may be able to help you, please contact Nick Pratt: npratt@landvest.com, 781-749-1466.

Greater Boston’s Top Conservation Sales Since 2005

Year(s) Property Town Acres Property Interest Grantee(s) Price LandVest Service
1 2015 Wellesley College North 40 Wellesley 46 Fee Simple Town of Wellesley $35,000,000
2 2006 Surrenden Farm Groton 360 Fee Simple & CR Town of Groton, Groton Conservation Trust, MA Dept. of Fish & Game $19,400,000 Consulting & Brokerage
3 Under Agreement Mainstone Farm Wayland 208 CR (Bargain Sale) Town of Wayland, Sudbury Valley Trustees $15,000,000 Consulting
4 2016 Case Estates Weston 62 Fee Simple Town of Weston $13,740,000 Consulting & Brokerage
5 2005 East Boston Camps Westford 289 Fee Simple Town of Westford $13,500,000
6 2008-2015 A.D. Makepeace Plymouth & Wareham 1,552 Fee Simple & CR MA Dept. of Fish & Game $13,134,260 Consulting
7 2008 Nobscot Scout Reservation Sudbury 303 CR Town of Sudbury, Sudbury Valley Trustees $8,600,000
8 2012 Pantry Brook Farm Sudbury 94 CR Town of Sudbury, Sudbury Valley Trustees $7,910,000 Consulting
9 2015 Pegan Hill Dover & Natick 40 Fee Simple & CR The Trustees of Reservations, Town of Natick $6,850,000 Consulting & Brokerage
10 2015 Springdale Farm Dover 26 Fee Simple Town of Dover $5,550,000
11 2014 Gill Easton 156 Fee Simple Town of Easton $5,510,000
12 2010 Maplecroft Farm Ipswich 160 APR & CR Town of Ipswich, MA Dept. of Agricultural Resources, MA Dept. of Conservation and Recreation, Essex County Greenbelt Association $5,500,000 Consulting & Brokerage

Data based on LandVest research