NOT LISTED FOR SALE

160 Racine Rd Milton, VT 05468

179.3 Acres
-- Price per Acre
7,810,308 Sq Ft Lot

Last Sold February 05, 2021

Last sale price $194,880

210 Days on Market

Highlights

  • 179.3 Acre Lot
  • Farm
  • Stream or River on Lot
  • Countryside Views
  • Secluded Lot
  • Wooded Lot

About This Lot

As of February 2021

With 11 +/- acres of open land and an excellent interconnected trail system, this 179.3 +/- acre property offers a rare opportunity to develop your dream equestrian estate or hunting preserve in the town of Milton, VT! Setback from a 61’ wide, owned access, the expansive property features a gently rolling topography with the potential for gorgeous easterly views overlooking a mountainous backdrop with selective clearing. Per conversations with the town zoning officials, the property is ideally suited for a 3-lot subdivision, with each lot enjoying plenty of excess acreage for private recreational possibilities. No soil tests have been completed at this time. Wastewater per state regulations. Conveniently just minutes to Route 7 and I-89, the property offers a sense of country seclusion with easy access to all greater Chittenden County amenities, employment, and entertainment opportunities. Utility poles run along the paved, town-maintained and plowed, Racine Road, and will need to be extended a potential home site, if one is identified per state wastewater regulations. Comcast offers high-speed internet, TV, and telephone services to homes along Racine Road. The entirety of the property is enrolled in the State’s Current Use program, which offers substantially reduced taxes with good stewardship of the land. If purchasers wish to remove a 2-acre homestead site from the program, this is possible by working with a forester. Only 20 minutes to Burlington!

Last Agent to Sell the Property

Curtis Trousdale

Preferred Properties License #081.0004552 Listed on: 05/21/2020

Last Buyer's Agent

Curtis Trousdale

Preferred Properties License #081.0004552 Listed on: 05/21/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $623

Lot Details

  • 179.3 Acre Lot
  • Dirt Road
  • Secluded Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Low Density Res

Schools

  • Milton Elementary School
  • Milton Jr High Middle School
  • Milton Senior High School

Farming

  • Farm
  • Agricultural

Utilities

  • Private Water Source
  • Well Required
  • Septic Needed
  • Private Sewer
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Countryside Views
  • Grass Field

Community Details

  • Recreational Area
  • Hiking Trails
  • Electricity Available at Street
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$623

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Route 7N in Milton, turn onto Forbes Road. Turn right onto Racine Road. From Route 7S in Milton, turn onto Racine t. See real estate sign for parking. Follow yellow flagged, staked property boundary access off Racine Road.
  • Suitable Use: Agriculture, Development Potential, Farm, Farm - Horse/Animal, Field/Pasture, Mixed Use, Recreation, Residential, Woodland
  • Price Per Sq Ft: 1086.89
  • Property Class: Land
  • Property Type: Land
  • Estimated Open Space Percent: 8
  • Remarks Public: With 11 +/- acres of open land and an excellent interconnected trail system, this 179.3 +/- acre property offers a rare opportunity to develop your dream equestrian estate or hunting preserve in the town of Milton, VT! Setback from a 61’ wide, owned access, the expansive property features a gently rolling topography with the potential for gorgeous easterly views overlooking a mountainous backdrop with selective clearing. Per conversations with the town zoning officials, the property is ideally suited for a 3-lot subdivision, with each lot enjoying plenty of excess acreage for private recreational possibilities. No soil tests have been completed at this time. Wastewater per state regulations. Conveniently just minutes to Route 7 and I-89, the property offers a sense of country seclusion with easy access to all greater Chittenden County amenities, employment, and entertainment opportunities. Utility poles run along the paved, town-maintained and plowed, Racine Road, and will need to be extended a potential home site, if one is identified per state wastewater regulations. Comcast offers high-speed internet, TV, and telephone services to homes along Racine Road. The entirety of the property is enrolled in the State’s Current Use program, which offers substantially reduced taxes with good stewardship of the land. If purchasers wish to remove a 2-acre homestead site from the program, this is possible by working with a forester. Only 20 minutes to Burlington!
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Dead End, Dirt, Gravel, Private, Unpaved, Privately Maintained
  • Easements: Yes

Utilities

  • Cable Company: Comcast
  • Electric: At Street
  • Fuel Company: Choice
  • Sewer: On-Site Septic Needed, Private
  • Water: On-Site Well Needed, Private
  • Electric Company: Green Mountain Power
  • Phone Company: Comcast
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Milton
  • Elementary School: Milton Elementary School
  • Middle School: Milton Jr High School
  • High School: Milton Senior High School
  • Elementary School: Milton Elementary School
  • High School: Milton Senior High School

Lot Info

  • Lot Sq Ft: 7810308
  • Current Use: Yes
  • Lot Acres: 179.3
  • Lot Description: Agricultural, Country Setting, Farm, Farm - Horse/Animal, Field/Pasture, Level, Open, Recreational, Rolling, Secluded, Slight, Sloping, Stream, Walking Trails, Wooded
  • Surveyed: Yes
  • Zoning: Low Density Res
  • Deed Book: 182
  • Deed Page: 580
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 622.89
  • Tax Year: 2019

MLS Schools

  • School District: Milton
  • School Middle Jr: Milton Jr High School

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
02/05/2021 02/05/21 Sold $194,880 -35.0% --
12/17/2020 12/17/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $300,000 -- --
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4806965

PrimeMLS