$295,000
SOLD DEC 18, 2024

20 Kienle Rd Unit Lots 1-4 Milton, VT 05468

Milton Neighborhood
1.39 Acres
$212,230 Price per Acre
60,548 Sq Ft Lot

Recently Sold

26% Below List Price

About This Lot

As of December 2024

Discover a fantastic investment opportunity with this 4-lot approved subdivision! This unique property includes three unimproved lots and one lot featuring a large steel garage, currently serving as the Town garage, complete with a bathroom. The three vacant lots are approved for single-family homes and have potential to possibly be converted into duplex lots with additional permitting. Estimated infrastructure costs range between $75,000 to $85,000, covering sewer force main, pump station, sidewalks, and other miscellaneous expenses. The subdivision is serviced by town water, town sewer, and natural gas, ensuring convenient utilities access. Development Information: PERMITS obtained | $2,500 est. cost for water hook-up | $2,500 est. cost for sewer hook-up | Buried fuel tank on garage lot concrete | Possibility of duplex lot with amended wastewater permit and water/sewer allocations. The sale options are flexible: purchase Lot 4, featuring the garage on 0.4 acres, for $175,000, or acquire Lots 1-3, the unimproved lots, for $225,000, with cost agreements on infrastructure. This is a prime chance to develop in a well-serviced area with great potential for growth! *Based on buyer's development status, Act 250 may be triggered.

Last Agent to Sell the Property

The Signature Realty Group

Signature Properties of Vermont

Last Buyer's Agent

The Signature Realty Group

Signature Properties of Vermont

Property Details

Property Type

  • Land

Lot Details

  • 1.39 Acre Lot
  • Lot Sloped Up
  • 4 Lots in the community
  • Property is zoned Mixed Use

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Price Per Sq Ft: 212230.22
  • Remarks Public: Discover a fantastic investment opportunity with this 4-lot approved subdivision! This unique property includes three unimproved lots and one lot featuring a large steel garage, currently serving as the Town garage, complete with a bathroom. The three vacant lots are approved for single-family homes and have potential to possibly be converted into duplex lots with additional permitting. Estimated infrastructure costs range between $75,000 to $85,000, covering sewer force main, pump station, sidewalks, and other miscellaneous expenses. The subdivision is serviced by town water, town sewer, and natural gas, ensuring convenient utilities access. Development Information: PERMITS obtained | $2,500 est. cost for water hook-up | $2,500 est. cost for sewer hook-up | Buried fuel tank on garage lot concrete | Possibility of duplex lot with amended wastewater permit and water/sewer allocations. The sale options are flexible: purchase Lot 4, featuring the garage on 0.4 acres, for $175,000, or acquire Lots 1-3, the unimproved lots, for $225,000, with cost agreements on infrastructure. This is a prime chance to develop in a well-serviced area with great potential for growth! *Based on buyer's development status, Act 250 may be triggered.
  • List Agent: 288481
  • Road Frontage Type: Public
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: TBD

Utilities

  • Electric: On-Site
  • Fuel Company: VT Gas
  • Sewer: Public
  • Electric Company: GMP
  • Water Source: Public

Fee Information

  • Tax Class: TBD

Schools

  • School District: Milton

Lot Info

  • Lot Sq Ft: 60548
  • Current Use: Unknown
  • Land Gains: To Be Determined
  • Lot Acres: 1.39
  • Surveyed: Unknown
  • Zoning: Mixed Use
  • Total Lots: 4
  • Deed Recorded Type: Deed to be Obtained
  • Unit/Lot Number: Lots 1-4

Tax Info

  • Taxes TBD: Yes

MLS Schools

  • School District: Milton

Map

Range of Values:

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Average Value
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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 Change Sq Ft Price
12/18/2024 12/18/24 Sold $295,000 -26.3% --
09/25/2024 09/25/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $400,000 -- --
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5015841

PrimeMLS

Vermont Chittenden County Milton 05468 Milton

20 Kienle Rd Unit Lots 1-4, Milton, VT

Homes for Sale in Milton, VT

This home is located at 20 Kienle Rd Unit Lots 1-4, Milton, VT 05468 and is currently priced at $295,000. 20 Kienle Rd Unit Lots 1-4 is a home located in Chittenden County with nearby schools including Milton Elementary School, Milton Middle School, and Milton Senior High School.

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