  While following up L dwarf candidates selected photometrically from the Two
Micron All Sky Survey, we uncovered an unusual object designated 2MASS
J01415823-4633574. Its optical spectrum exhibits very strong bands of vanadium
oxide but abnormally weak absorptions by titanium oxide, potassium, and sodium.
Morphologically such spectroscopic characteristics fall intermediate between
old, field early-L dwarfs (log(g)~5) and very late M giants (log(g)~0), leading
us to favor low gravity as the explanation for the unique spectral signatures
of this L dwarf. Such a low gravity can be explained only if this L dwarf is
much lower in mass than a typical old field L dwarf of similar temperature and
is still contracting to its final radius. These conditions imply a very young
age. Further evidence of youth is found in the near-infrared spectrum,
including a triangular-shaped H-band continuum reminiscent of young brown dwarf
candidates discovered in the Orion Nebula Cluster. Using the above information
along with comparisons to brown dwarf atmospheric and interior models, our
current best estimate is that this L dwarf has an age of 1-50 Myr and a mass of
6-25 M_Jupiter. The location of 2MASS 0141-4633 on the sky coupled with a
distance estimate of ~35 pc and the above age estimate suggests that this
object may be a brown dwarf member of either the 30-Myr-old Tucana/Horologium
Association or the ~12-Myr-old beta Pic Moving Group.
