NOT LISTED FOR SALE

0 Mclane Rd Unit 4603337 Stowe, VT 05672

10.6 Acres
-- Price per Acre
461,736 Sq Ft Lot

Last Sold March 14, 2018

Last sale price $1,200,000

252 Days on Market

Highlights

  • 10.6 Acre Lot
  • Stowe Elementary School Rated A-
  • Mountain View

About This Lot

As of March 2018

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.

Last Agent to Sell the Property

Brent Libby

Four Seasons Sotheby's Int'l Realty License #081.0003504 Listed on: 10/13/2016

Last Buyer's Agent

Brent Libby

Four Seasons Sotheby's Int'l Realty License #081.0003504 Listed on: 10/13/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,412

Lot Details

  • 10.6 Acre Lot
  • Lot Sloped Up
  • 19 Lots in the community

Utilities

  • Community Sewer or Septic
  • Leach Field

Additional Features

  • Mountain Views
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$8,412

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: North on Route 108, Mountain Road past Topnotch fields. Turn left on Brook Road, thru the covered bridge and bear left up the hill until you enter the Covered Bridge Condominium development.
  • Suitable Use: Development Potential, Residential
  • Price Per Sq Ft: 113207.55
  • Property Class: Land
  • Permit Status: Local - Issued, State - Issued
  • List Agent: 8512
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: Association, Easement/Row, Gravel, Shared

Utilities

  • Electric: At Street, Underground
  • Sewer: Community, Leach Field - Off-Site
  • Water: Public Water - On-Site

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 461736
  • Lot Acres: 10.6
  • Lot Description: Condo Development, Mountain View
  • Row Parcel Access: Yes
  • Surveyed: Yes
  • Zoning: Residential
  • Total Lots: 19
  • Deed Book: 602
  • Deed Page: 163
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 8412
  • Tax Year: 2016

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2018 03/14/18 Sold $1,200,000 0.0% --
06/22/2017 06/22/17 Off Market $1,200,000 -- --
06/22/2017 06/22/17 Pending -- -- --
10/13/2016 10/13/16 For Sale $1,385,000 -- --
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brent Libby

    Four Seasons Sotheby's Int'l Realty

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Map

Source: PrimeMLS

MLS Number: 4603337

PrimeMLS
Vermont Lamoille County Stowe 05672

0 Mclane Rd Unit 4603337, Stowe, VT

Not Listed for Sale

Lots

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