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Vt. developer plans 58 homes in Kidder

A developer who purchased a former fishing club south of Hickory Run State Park last year is planning to build 58 homes on the land.

The 3 to 12 acre lots in Graystones Preserve, which was managed as a private fishing preserve for 85 years, are being sold for $600,000 to $850,000.

Preservation Graystones LLC, a Vermont-based developer, acquired the 3,798 acre property straddling Mud Run in September 2021. The purchase price was $9.2 million. It recently got preliminary approval from the Kidder Township supervisors for its planned development.

On its website, Preservation Graystones says it is a partnership “committed to conservation focused low density havens.”

While it owns land on both sides of the creek - which divides Penn Forest and Kidder townships - the proposed development is entirely on the north side in Kidder. The land is in the township’s R-1 low-density residential zone.

A map on the developer’s website shows 71 planned home sites on the 3,798-acre property, low density compared to some other developments in Kidder and Penn Forest. By comparison, Indian Mountain Lakes has 3,262 lots on 4,600 acres.

Fifteen of the proposed sites are 3 acres, priced at $600,000. The rest are 12 acres, priced at $850,000 each.

A real estate listing for the properties says that the developer is only selling a total of 58 lots at this time, and reserving the right to sell the rest. Each property would have on-lot water and septic systems.

The property already has some existing buildings along Mud Run, which were used by the fishing club. Preservation Graystones has proposed renovating or replacing the existing buildings with a lodge and cottages for guests of community residents.

The rest of the property would remain private land for the community’s residents, including riding trails, a gun club, a pool, a flower/vegetable farm, and the 3.5-mile trout stream.

For 85 years the property was owned by a family from the Allentown area, who leased it to a private fishing club. Before that, it was owned by industrialist Harry Clay Trexler, who also donated the land that became Hickory Run State Park.