$749,000 Price Analysis 326 VT 7AShaftsbury, VT 05262 Unknown bed 0 bath unknown SqFt ($0/SqFt) 52.7 acre lot. Listed 2024-04-21 | Ⓧ USDA Ineligible due to property near Shaftsbury |
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 re 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 dream it, let's explore and make it happen!
Presented by Jenifer Hoffman at
Hoffman Real Estate.
Property MLS #4992218 from PrimeMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.