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General Property Information
- Price:
- $2,800,000
- Property Status:
- Active
- County:
- VT-Chittenden
- Agency/Brokerage:
- Warren Palm
BHHS Vermont Realty Group/S Burlington
Large 20+ acre lot centrally located in Milton. High density zoning, only 6000sqft of lot area required for each unit, the owner has gotten a 50% density bonus in the process of subdivision so there is the potential, depending on design and type of housing or mix of housing for up to 160+/- units. See attached sections of zoning regs. and the final subdivision approval. This lot is one of 3 lots subdivided off the original 39 acre parcel. Lot # 3 is under deposit. Lot #2 will be the 6 acres parcel that the town now owns for their new parking garage. There are a lot of pluses with this location, it is adjacent to the towns 30+ acres of recreation area, dog park and events area; short walk to shopping and many other commercial establishments; only a few blocks to the schools; the town library is next door. Because of Lot #3 proposed development the Lot #2 town garage lot, almost half the road separating lots 1 and 3 will be built by developer and town, gas, power, sewer and water will be stubbed to that point, pumping station will be installed by the portion of lot #3 that will be developed but will need to be expanding on existing easement for Lot #1 development. Zoning allows max of 8 units for structure, if multi family are proposed, and each 8 unit structure would have to be on its own lot. There can be single family or any # of multi or condo type up to 8 units. Please, consult the info attached to the listing for more zoning info and plot plans. Land Listing 4950611.
Property Features
- Year Built:
- # of Stories:
- Road Frontage:
- 0
- Zoning:
- M4R-Residential
- Acres:
- 20.86
- Total Sq ft:
- 0
- # of units:
- Parking:
- Other
- Basement:
- Location:
- Business District,In Town,Near Shopping
- Exterior Features:
- Sales Includes:
- Land Only
- Roof Style:
- Type:
- Misc:
- Foundation:
- None
- Fuel:
- Heating & Cooling:
- None
- Floors:
- Financing:
Other Information
- List Date:
- 2023-05-01
- Last Updated:
- 2023-11-07 15:09:15