Rutland City Vermont Real Estate

Come see this piece of property that offers an ideal location just minutes from downtown, blending everyday convenience with a welcoming neighborhood setting. Enjoy close proximity to public transportation, schools, shopping, restaurants, parks, and a wide variety of local attractions and activities. Public utilities including electricity, sewer, and water are available at the road, making this property truly build-ready. Whether you’re looking to construct your dream home or invest in a growing area, this is a prime opportunity in a highly desirable area.

RUTLAND CITY: Building lot located in desireable residential area, in city outskirts, bordering Combination Pond with water views. Public water and sewer available at street and buyer will need State of Vermont waste water permit to build and hook-up. Close to Pico and Killington ski areas, Rutland Hospital, shopping, restaurants and Rutland Airport.

Beautiful city lot waiting for your home to be built on it.

Tucked inside the Rutland City limits at 0 Central Avenue, this 5.8 acre parcel is one of the largest pieces of undeveloped land you can still walk to Rutland Regional Medical Center from. The lot sits quietly on Central Avenue with paved road frontage out front and established single-family neighbors on either side, blending the privacy of real acreage with the convenience of an in-town, walkable Rutland neighborhood. Rutland Senior High School, Rutland Middle School, Stratton Road, and the hospital complex are all within roughly one mile, putting a buyer minutes from everything that makes Rutland County, Vermont work day to day. The story here is the chance to start fresh. Public water is at the street, public sewer is available, electric runs to the corridor, and fiber optic internet is already in service nearby. The parcel is level, residentially zoned (R), and sits outside any FEMA flood hazard area. Listed at $89,900 with annual property tax around $2,638, the lot is priced at land value in a market where nearby in-town acreage has sold in under two weeks when priced right. This is raw, undeveloped land sold as-is. Buyer is responsible for confirming utility hookup, legal access and easement, final zoning, and any subdivision approvals with Rutland City Planning and Zoning. The seller, settling a family estate with full court approval to convey, will resolve any outstanding property taxes at closing. Bring a builder who has been hunting for in-town acreage with utilities at the street, a developer eyeing a small five or six lot neighborhood (subject to municipal review), or a patient investor who sees the hospital corridor for what it is. Land this size, this close to the heart of Rutland, Vermont, does not come up often.

Discover the potential of this unique City lot in an established Rutland neighborhood. The property features a large, older storage building believed to have originally served as a carriage building, offering character and a variety of possibilities for its next owner. Whether you're looking to build a new home, create a workshop, or utilize the existing building for vehicle, equipment, or material storage, this property offers flexibility in a convenient location with a curb cut on East Street too. Neighborhood Business zoning may allow a variety of residential and commercial uses, making it an appealing opportunity for homeowners, entrepreneurs, investors, contractors, landscapers, tradespeople, collectors, or hobbyists seeking space for their business or personal interests. Conveniently located just minutes from downtown Rutland, you'll enjoy easy access to shopping, restaurants, schools, healthcare, and everyday amenities. Vermont's outdoor recreation is also close at hand, including skiing at Killington Resort and Pico Mountain, hiking and biking throughout the region, boating and fishing on nearby lakes including Lake Bomoseen and Lake St Catherine, and countless opportunities to enjoy the Green Mountains. Convenient travel is available via Rutland–Southern Vermont Regional Airport, with Burlington International Airport and Albany International Airport both within an easy drive. Buyer is responsible for conducting their own due diligence with the City of Rutland to verify zoning regulations, permitted uses, building requirements, utility availability, and any approvals necessary for their intended use.

Unlock the potential of this prime 0.73-acre parcel in the heart of Rutland City—a ready-to-go investment project ideal for developers or portfolio builders. Current engineering plans support either of the following configurations: Two 2-story buildings with a total of 9 spacious residential units, OR Up to 20 efficiency apartments—perfect for maximizing rental income and meeting local housing demand. Ample on-site parking included, and the lot is well-positioned with easy access and infrastructure planning underway. Located just minutes from shopping, restaurants, and public transit, this property offers a highly desirable location for tenants and investors alike. Whether you're looking to develop workforce housing, student rentals, or a small apartment complex, this flexible project allows you to take the reins and bring your vision to life.