McLane RoadStowe, VT 05672MLS Number 4603337

  • Price: $1,385,000
  • Est. Mortgage of $/month
  • 345 Days on Market
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$/month over payments
Federal 30-year interest rate: 4.03% last updated on Jul 13, 2017
* 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.
  • 10.6Acreage
  • 461736Square Feet
  • OtherStructure
  • $8,412Taxes

Covered Bridge Phase IV is a 10.60 acre parcel being offered with 19 building units approved by the State of Vermont. This is a terrific opportunity for a builder/developer to begin a long term project in a highly desirable area of Stowe without the need to go through the time and expense of getting a major project permitted by the State. Much of the infrastructure is already in place making it convenient to start building the first of seven duplex units, two single family homes and one triplex unit. Covered Bridge is ideally located just off the Mountain Road in the mountains within an easy walk to the Catamount Trail and the network of cross country ski and mountain biking trails of Trapp Family Lodge. The price is attractive at roughly $72,900 per building unit based upon the new asking price of $1,385,000. The owners would consider some seller financing for the right buyer.

Listed by Brent Libby of Four Seasons Sotheby's Int'l Realty

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Geri Reilly Real Estate
Office: 802.862.6677
340 Dorset Street
Suite 4
South Burlington, VT 05403

More Info

Basic Information

  • MLS Number4603337
  • p mod date time2016-10-13T15:37:00
  • Modification Date08/02/2017
  • StatusActive With Contract
  • Date Listed2016-10-13T00:00:00
  • List Price$1,385,000

Location

  • Zip05672
  • TownStowe
  • StateVT
  • AreaMountain, Near Golf Course, Near Skiing
  • ZoningResidential
  • Flood ZoneNo
  • CountyLamoille
  • TopographyCondo Development, Mountain View
  • StreetMcLane Road

Photos

  • Number of Photos5

Building

  • StructureOther

Property

  • Acreage10.6
  • Square Feet461736
  • Property TypeLand

Utilities

  • WaterPublic Water - On-Site
  • ElectricAt Street, Underground
  • SewerCommunity, Leach Field - Off-Site

Other

  • Docs Available
    • Covenants
    • Plot Plan
    • Septic Design
    • State Land-Use Permit
    • State Permit
    • State Wastewater Permit
    • Storm Water Dischrg Permt
    • Survey
    • Tax Map
    • Town Approvals
    • Town Permit
  • Broker NameFour Seasons Sotheby's Int'l Realty
  • Current UseDevelopment Potential, Other, Residential
  • RoadsAssociation, Gravel, Shared, Easement/ROW
  • AVMYes
  • Agent NameLibby
  • Delayed ShowingsNo
  • View Count11

Stowe, VT Demographics

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Stowe, VT Real Estate Market Data

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Stowe, VT Schools

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