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326 Vt 7aShaftsbury, VT 05262Sale Price: $800,000

  • Sale Price: $800,000
  • 79 Days Since Sale
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $724,000List Price
  • 52.7Acreage
  • 2,295,612Square Feet
Listed by Jenifer Hoffman of Hoffman Real Estate (Jenifer@HoffmanVTRealEstate.com)

Listing Sold by Josiah Allen Real Estate, Manchester Branch Office

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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!

Property Details of 326 Vt 7a

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 12, 2024 3:39 AM EST

 

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