Bought with Edward Jones • Josiah Allen Real Estate, Manchester Branch Office
$800,000
$724,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
52.7 Acres Lot
SOLD DATE : 09/24/2024
Key Details
Sold Price $800,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4992218
Sold Date 09/24/24
Annual Tax Amount $7,210
Tax Year 2023
Lot Size 52.700 Acres
Acres 52.7
Property Description
Calling all developers! Opportunity to create a new housing development in an incredibly desirable location. On the southern edge of Shaftsbury village, within walking distance to elementary school, playgrounds, town hall, country store, and US Post Office. Possibilities for future growth are immense. Town water service is nearby in two locations. Using ARPA funds, the town is currently studying the creation of a municipal sewer system; otherwise private wastewater system(s) can be permitted through the state. Likewise, the town recently acquired two lots next to town hall to build a community center and garden. This 52.7 acres is across the street from the Robert Frost Trail; expanding the trail through this site would be a dream come true. Currently 1 acre minimum zoning, potential to build dozens of homes to meet the area's high demand for housing year-round residents. Whether your mission is to meet the needs of renters, first-time buyers, aging seniors, growing families, executives, farmers, artists... if you build it, they will come! On site is a 5 bedroom Colonial Farmhouse with super solid bones in need of complete interior rehab, classic red barn, and a former retail art/farm stand on Route 7A... which would make a perfect builder's showroom for prospective new home buyers. The open pasture and immature woods are naturally divided by a small stream, idyllic for a water feature in a new subdivision. Don't just dream it, let's explore and make it happen!
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning R-40
Exterior
Utilities Available None
Building
Sewer On-Site Septic Needed, Soil Test Available
Schools
Elementary Schools Shaftsbury Elem. School
Middle Schools Mt. Anthony Union Middle Sch
High Schools Mt. Anthony Sr. Uhsd 14
School District Southwest Vermont
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