NOT LISTED FOR SALE

000 Gray Farm Rd Unit Lots 1 and 2 Morristown, VT 05661

42 Acres
-- Price per Acre
1,827,778 Sq Ft Lot

Last Sold July 16, 2021

Last sale price $280,000

300 Days on Market

Highlights

  • Water Access
  • Mountain View
  • Grass Field
  • 41.96 Acre Lot
  • Stream or River on Lot
  • Agricultural

About This Lot

As of July 2021

Here is a unique country property featuring two fully approved residential building lots with sweeping valley and mountain views! Located 3.5+/- miles north of Stowe, VT with its world famous four season attractions and 5.0 miles south of Morrisville, a full service community with its own four season opportunities. Comcast/Xfinity does service this neighborhood. Mt. Mansfield, Vermont's highest peak, dominates the view to the west with Camels Hump to the southwest and Belvidere Mt. to the northwest. The property features approximately 22 acres of open fields, with the remaining acres of woodland and wetlands adjoining the State of Vermont's Morristown Bog and Joe's Pond Natural Areas. The field offers opportunities for recreational gardens or your own commercial agricultural pursuits. The two house sites overlook these fields and the mountain vistas beyond. 21 acres of the fields are enrolled in the Vermont Use Value Program, a property tax reduction program. These fields are currently leased to a local dairy farmer for his hay crop production. 32.9 acres are subject to development rights held by the Stowe Land Trust, protecting agricultural and natural areas of the property from development. Lot 1 has 2.75 acres of open land with the home site tucked into the mixed woods. Lot 2 is 39.21 acres with the home site on the east end facing the Mansfield Mountain area and includes most of the open fields, two small brooks plus wetlands. Lot 2 with its 39.21 acres is available separately from Lot 1 in MLS 4821930

Last Listed By

Marcia Marble

Marble Realty, Inc. License #081.0001377 Listed on: 08/11/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,669

Lot Details

  • 41.96 Acre Lot
  • Near Conservation Area
  • Home has sun exposure from multiple directions
  • Level Lot
  • 2 Lots in the community
  • Property is zoned Rural residential

Property Views

  • Mountain Views
  • Countryside Views

Schools

  • Morristown Elementary School
  • Peoples Academy Middle Level
  • Peoples Academy High School

Utilities

  • Well Required
  • Septic Needed
  • Septic Design Available
  • Phone Available

Additional Features

  • Agricultural
  • Grass Field

Listing and Financial Details

  • Tax Lot 111

Community Details

Overview

  • Valcour Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Recreational Area
  • Water Access
  • Nearby Water Access
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,669

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Development Subdivision: Valcour
  • Directions: from Main Street in Morrisville, go south, bearing left to Randolph Road, continue south for 5+/- miles turning right onto Gray Farm Road. Between 121 & 123 Gray Farm Road on your left is the tall hedge w/the gravel access driveway on the right side, continue over the small brook and you are here.
  • Flood Zone: Yes
  • Suitable Use: Agriculture, Recreation, Residential
  • Exposure: North, South, West
  • Plan Survey Number: 133
  • Price Per Sq Ft: 6673.02
  • Property Type: Land
  • Estimated Open Space Percent: 70
  • Permit Number: WW-5-5299-2
  • Permit Status: Federal - Issued, Local - Issued, State - Issued
  • Remarks Public: Here is a unique country property featuring two fully approved residential building lots with sweeping valley and mountain views! Located 3.5+/- miles north of Stowe, VT with its world famous four season attractions and 5.0 miles south of Morrisville, a full service community with its own four season opportunities. Mt. Mansfield, Vermont's highest peak, dominates the view to the west with Camels Hump to the southwest and Belvidere Mt. to the northwest. The property features approximately 22 acres of open fields, with the remaining acres of woodland and wetlands adjoining the State of Vermont's Morristown Bog and Joe's Pond Natural Areas. The field offers opportunities for recreational gardens or your own commercial agricultural pursuits. The two house sites overlook these fields and the mountain vistas beyond. 21 acres of the fields are enrolled in the Vermont Use Value Program, a property tax reduction program. These fields are currently leased to a local dairy farmer for his hay crop production. 32.9 acres are subject to development rights held by the Stowe Land Trust, protecting agricultural and natural areas of the property from development. Lot 1 has 2.75 acres of open land with the home site tucked into the mixed woods. Lot 2 is 39.21 acres with the home site on the east end facing the Mansfield Mountain area and includes most of the open fields, two small brooks plus wetlands. Lot 2 with its 39.21 acres is available separately from Lot 1 in MLS 4821930
  • L A1 M M S I Memberkey: 392641
  • List Agent: 24603
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 73240
  • S A1 M M S I Memberkey: 414
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 71905
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: Gravel, Shared, Easement/Row, Privately Maintained
  • Easements: Yes
  • Water Body Type: Brook/Stream
  • Water Access Details: Directly Adjoining
  • Water Body Name 2: Unnamed
  • Water Body Access 2: Yes

Utilities

  • Cable Company: Comcast/Xfinity
  • Electric: On Adjacent Property
  • Sewer: On-Site Septic Needed, Septic Design Available
  • Water: On-Site Well Needed
  • Electric Company: Morrisvile Water & Light
  • Phone Company: Consolidated Communicatio
  • Utilities: Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Lamoille South
  • Elementary School: Morristown Elementary School
  • Middle School: Peoples Academy Middle Level
  • High School: Peoples Academy
  • Elementary School: Morristown Elementary School
  • High School: Peoples Academy

Lot Info

  • Map: 16
  • Lot: 111
  • Lot Sq Ft: 1827778
  • Current Use: Yes
  • Lot Acres: 41.96
  • Lot Description: Agricultural, Conserved Land, Country Setting, Deed Restricted, Field/Pasture, Level, Lowland, Mountain View, Recreational, Stream, Subdivision
  • Row Parcel Access: Yes
  • Surveyed: Yes
  • Surveyed By: Robert Frey
  • Zoning: Rural residential
  • Total Lots: 2
  • Land Restrictions: Conservation District, Deed, Easement/Row, Flood Plain, Mobile Homes, Sold Development Rights, Wetland
  • Deed Book: 144
  • Deed Page: 711
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: Lots 1 and 2

Tax Info

  • Tax Gross Amount: 1668.64
  • Tax Year: 2020

MLS Schools

  • School District: Lamoille South
  • School Middle Jr: Peoples Academy Middle Level

Range of Values:

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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 Change Sq Ft Price
07/16/2021 07/16/21 Sold $280,000 -6.4% --
06/07/2021 06/07/21 Pending -- -- --
08/11/2020 08/11/20 For Sale $299,000 -- --
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4822181

PrimeMLS