Remarks

Amazing development opportunity on 34+/- acres located in the beautiful town of Brandon, VT. Strategically located between the Middlebury and Rutland employment areas, this lot could provide the much-needed housing expansion. Zoned primarily High-Density Multi-use with minimum lot size of 1/5th acre. The town confirmed that this lot will be in the new Tier 1B Act250 exempt area when implemented, greatly reducing permitting issues. Both municipal water and sewer are available on the frontage and the town has indicated with allocation letters that there is plenty of capacity. Power and high-speed internet on the frontages. Access to be via Carver St or Nickeson Rd so no state highway permit will be required. The property offers amazing mountain views, to the west from the ridgeline (with clearing), and to the southeast from the open bowl area (existing views). Teir 1B allows for up to 50 units, most if not all could have wonderful views. The revitalized Brandon downtown offers casual and fine dining, supermarket, shopping, and community health center. We have found the town officials excited about a housing development and extremely helpful. The seller says bring all opportunities and offers, they want to make this work for the community.

Details

MLS#: 5046991
Price: $875,000


County: Rutland
Lot Size: 1481040
Tax Fee: 5941.42