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Additional details
Listed by Warren Palm • BHHS Vermont Realty Group/S Burlington
$2,300,000
Est. payment /mo
20.86 Acres Lot
UPDATED:
09/24/2024 06:39 PM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5015733
Tax Year 2024
Lot Size 20.860 Acres
Acres 20.86
Property Description
Lot #1 is a 20 acre parcel centrally located in Milton. It could not get more ideally located for this area-adjacent to the town’s 30 acres of recreation are with soccer and baseball fields, dog park, events areas; short walk to shopping center and other commercial establishments; only few blocks from schools; town library is right next door. Zoning is high density, 6000sqft for unit and, in addition, there is a 50% density bonus from the town, but also since it is on municipal water/sewer, you could do a duplex on each lot. Considering infrastructure and roads, etc. 90 to 100 units are likely but will need town approval. Would be very appropriate for affordable housing subdivision or mix of single family and condo’s. Lot #2, see attached subdivision plat, is owned by the town of Milton for their Public Works garage, etc.. On 5.99 acres of Lot #3, there will be a 32 units residential development going in. Because of the town lot and the development on two thirds of Lots #3, a good share of road will be built that will ultimately have to connect to Willy’s Lane, natural gas, municipal water/sewer will be available at road, and pumping station for sewer will be built. See attached for current zoning regs., conditions of final subdivision approval, plot plans, etc.. The time is right and this lot is right for the times! Also listed as Land MLS# 5015732
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning M4R- High Density Res
Interior
Inclusions Land Only
Exterior
Utilities Available Gas - At Street, Gas - Underground, Underground Utilities
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Building
Sewer Public Sewer at Street
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