57 Meadow Lane Stowe, Vermont 05672 MLS# 4837689

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Sold Status

$620,000 Sold Price

Multi Type

2 Beds

2 Baths

1,642 Sqft

Listed By Smith Macdonald Group of Coldwell Banker Carlson Real Estate
Sold By Brian M. Boardman of Coldwell Banker Hickok and Boardman
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Lamoille County

57 Meadow Lane

Fully renovated two unit income producing property, ideally located between Stowe Mt. Resort and historic Stowe Village. Direct Mt. Mansfield views from both units and plenty of sun. Looking for a rental property in Stowe that can offer year round rental potential, this location could not be more perfect. Ski season, jump on the Mt. Road shuttle and head to the slopes. Spring through Fall, head out for a ride on your Mt. bike, with direct access to Cady Hill Forrest and the Stowe Rec.Path. Each unit has been fully renovated, brand new kitchens, baths, flooring, fixtures and systems. These units are perfect for an airbnb, long term rentals or live in one and rent the other. This historic farmhouse offers tons of charm with a wrap around covered porch for the lower unit and balconies for the upper unit. In addition to the farmhouse there’s a wonderful historic barn that could be used for storage or potential expansion. The property has favorable zoning if one wanted to convert the units to lodging, additional expansion is a possibility. The current on-site septic system is for three (3) bedrooms, so an additional bedroom could be added to one of the units. The current owner has completed engineering for a 9 bedroom lodging unit with the ability to tie into town sewer if one wanted to expand. Rental history available.

Property Location

57 Meadow Lane Stowe

Property Details

Sold Price  $620,000 Sold Date  Feb 23rd, 2021
MLS#  4837689 Bedrooms  2 Garage Size   Car
List Price  675,000 Total Bathrooms  2 Year Built  1899
Type  Multi-Family Lot Size  0.6700 Acres Taxes $0
Units  2 Stories  2 Road Frontage  
Annual Income  $0 Style  Farmhouse, Freestanding Water Frontage  
Annual Expenses  $0 Finished  1,642 Sqft Construction  No, Existing
Zoning   HT Above Grade  1,642 Sqft Seasonal  No
Total Rooms  2 Below Grade  0 Sqft List Date  Nov 6th, 2020
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $0/Mo Unit 2   1 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementWalk-up, Unfinished, Crawl Space
Interior Features
Exterior Features
Exterior  Wood Siding Disability Features  
Foundation  Concrete House Color  
Floors   Building Certifications  
Roof  Metal HERS Index  
DirectionsTake Mountain Road to Meadow Lane where the Gables Inn is. Property on the left just past the old Gables Inn location.
Lot Description, Level, Open
Garage & Parking  No, ,
Road Frontage   Water Access  
Driveway  Dirt Water Type  
Flood Zone  Unknown Water Body  
Zoning  HT
School District  Stowe School District Middle  Stowe Middle/High School
Elementary  Stowe Elementary School High  Stowe Middle/High School
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  Septic Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  621-195-12036
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† The remarks published on this webpage originate from Listed By Smith Macdonald Group of Coldwell Banker Carlson Real Estate 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.