Randolph, VT | 429 Community Drive

$815,000
MLS#: 5051655
6
# of Units
1,936
Total Sq. Feet
11.70
Acres
$11,767
Taxes
1 of 29

General Property Information

Price:
$815,000
County:
VT-Orange
Acres:
11.70
Property Type:
Multi-Family
Property Status:
Active
# of Units:
6
Agency/Brokerage:
Curtis Trousdale
Preferred Properties

High earning Airbnb investment village! These 5 lots totaling 11.7 +/- acres, located in the beautiful mountains of South Randolph, VT, just minutes from VT I-89. There are four lots, each with their own log cabin park model home, a fifth lot with a fantastic Yurt and quant bath house. Additionally, there is a second Yurt that can be moved by the purchaser to a fully prepped area with water/sewer and power. One lot is over 5 acres and includes an open grassy field, pond and garden area making for a wonderful community Airbnb experience. Gross income for the development was (2023 - $125,746 and 2024 – $116,914). Recent changes include the addition of a new Cabin and conversion of a second to Airbnb starting August. Based on past numbers, this should provide a future yearly gross income of approx. $169,000. Future potential with three additional bedrooms of unused septic capacity is already installed. The current owner outsources his cleaning & communications, doing your own could increase net by over 13K per year. There are two other lots available if you wish to expand income opportunity or build your own home. The seller created this small community and has been running it as rental and Airbnb income property. He is ready to slow down in retirement and ready to travel but is willing to teach new owners the ins and outs of the property. All current state/town permits, surveyed, and utility drawings are available. Future owners may sell these lots individually.

Features

Property Type:
Multi-Family
# of Units:6
Subdivision Name:
Year Built:
2019
Parking:
Road Frontage:
0
Acres:11.70
Gross Income:
169,000
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
6
Sq Ft (Above Ground):
1936
Sq Ft (Below Ground):
0
Total Sq Ft:
1936
Land Description:Alternative Lots Avail,Country Setting,Field/Pasture,Mountain View,Pond,Pond Frontage,Rental Complex,River Frontage,Abuts Conservation
Elementary School:
Randolph Elementary School
Middle School:
Randolph School UHSD #2
High School:
Randolph UHSD #2
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
3
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
384
Floor:
Ground
Unit Style:
Log Cabin - Park Model
Monthly Rent:
38743.00

Unit 2

#Rooms:
3
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
384
Floor:
Ground
Unit Style:
Log Cabin - Park Model
Monthly Rent:
32760.00

Unit 3

#Rooms:
3
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
384
Floor:
Ground
Unit Style:
Log Cabin - Park Model
Monthly Rent:
38000.00

Unit 4

#Rooms:
1
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
200
Floor:
Ground
Unit Style:
Yurt
Monthly Rent:
19332.00

Unit 5

#Rooms:
1
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
384
Floor:
Ground
Unit Style:
Log Cabin - Park Model
Monthly Rent:
38000.00

Unit 6

#Rooms:
0
#Bedrooms:
0
#Baths:
0
Sq. Ft.:
Floor:
Unit Style:
RV Rental - Future Cabin/Yurt
Monthly Rent:
2250.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-07-15
Last Updated:

Stowe Village Office

Teresa Merelman

(P) 802.253.1806
(F) 802.253.1807
email

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