Pros and Cons of combining parcels

[Brett Chandler]

Wondering if anyone out there has done a parcel merger? I own 3 adjacent lots, totaling 8.5 acres. Our home is on .5 acre, one non-buildable vacant lot is 2 acres, and one 6 acres raw land (mostly natural resource zoning overlay). Just trying to figure out if there is any benefit to combining these lots, besides resale value and being able to classify our home as 'waterfront' with creek frontage. Not sure if there is a property tax benefit if our home is on a larger lot with natural resource overlay (maybe some kind of deferment?), or if combining would increase the value of the vacant land that has a pretty low tax bill currently. Side note - part of the 6 acre lot is outside of the natural resource overlay, and zoning would allow for 8 homesites, if I could figure out access and utilities. Not really interested in developing at this point, but I don't want to mess up future possibilities with a consolidation now. I appreciate any insight. Thanks!