0 McLane Road Stowe, Vermont 05672 MLS# 4603337

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Sold Status

$1,200,000 Sold Price

Land Type

11 Acres

Listed By of Four Seasons Sotheby's Int'l Realty
Sold By
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Lamoille County

0 McLane Road

Covered Bridge Phase IV is a 10.60 acre parcel being offered with 19 building units approved by the State of Vermont. This is a terrific opportunity for a builder/developer to begin a long term project in a highly desirable area of Stowe without the need to go through the time and expense of getting a major project permitted by the State. Much of the infrastructure is already in place making it convenient to start building the first of seven duplex units, two single family homes and one triplex unit. Covered Bridge is ideally located just off the Mountain Road in the mountains within an easy walk to the Catamount Trail and the network of cross country ski and mountain biking trails of Trapp Family Lodge. The price is attractive at roughly $72,900 per building unit based upon the new asking price of $1,385,000. The owners would consider some seller financing for the right buyer.

Property Location

0 McLane Road Stowe

Property Details

Sold Price  $1,200,000 Sold Date  Mar 14th, 2018
MLS#  4603337 Taxes $8,412
List Price  1,385,000 Exposure  
Type  Land Surveyed  Yes
Zoning  Residential Road Frontage   Ft
Lot Size  10.6000 Acres Water Frontage  
Easements   Water Body  
List Date  Oct 13th, 2016
MLS#  4603337 Taxes $8,412
List Price  1,385,000 Exposure  
Type  Land Surveyed  Yes
Zoning  Residential Road Frontage   Ft
Lot Size  10.6000 Acres Water Frontage  
Easements   Water Body  
List Date  Oct 13th, 2016
Amenities 
Topography Mountain, Condo Development, Mountain View
Location Yes, Near Skiing, Near Golf
Utilities  
Directions  North on Route 108, Mountain Road past Topnotch fields. Turn left on Brook Road, thru the covered bridge and bear left up the hill until you enter the Covered Bridge Condominium development.
Current Use Other Roads  Easement/ROW, Association, Shared, Gravel
Sewer  Community, Leach Field-Off-Site Roads  Easement/ROW, Association, Shared, Gravel
Water  Public Water on Site Structure  Other
Electric  At Street, Underground Shore Rights  
Gas   Restrictions  
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† The remarks published on this webpage originate from Listed By of Four Seasons Sotheby\'s Int\'l Realty via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.