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Listed by Mathew Ghafoori of RE/Max Heritage

Listing Sold by RE/Max Heritage
This 45.59 acre property is a rare opportunity to purchase a project that has been through act 250 and ready to be brought to fruition by a new owner. Building lots are not common in today's market, so there is the possibility of buying the project and selling individual lots for profit, building spec homes to be sold or retained for income, or build your dream estate on the outskirts of town. Located in the town of St. Johnsbury, just a short drive to Burke Mountain, the Kingdom trail system, NVRH Hospital, Dog Mountain, and the world renowned St. Johnsbury Academy, this property is ideally situated to afford both privacy and convenience. This is a 63 +/- lot subdivision (of 3 bedroom single family homes) proposed to be completed in 2 phases. Phase 1 consists of 23 lots, and has stormwater systems in place, town water to each lot, roads, and a communal septic system. 16 lots of Phase 1 remain to be developed immediately by a new owner. Phase 2 infrastructure is not yet in place. The town of St. Johnsbury is extremely supportive of new development as there is currently a shortage of homes and lots for sale in the area. Don't miss this once in a lifetime opportunity.

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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 May 23, 2024 10:56 AM EDT

 

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