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0 Bombardier Road 1, Milton, VT 05468

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For Sale

$2,300,000

20.86 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 20.9 acres
    Lot size

Explore this Property

Lot #1 is a 20 acre parcel centrally located in Milton. It could not get more ideally located for this area-adjacent to the town s 30 acres of recreation are with soccer and baseball fields, dog park, events areas; short walk to shopping center and other commercial establishments; only few blocks from schools; town library is right next door. Zoning is high density, 6000sqft for unit and, in addition, there is a 50% density bonus from the town, but also since it is on municipal water/sewer, you could do a duplex on each lot. Considering infrastructure and roads, etc. 90 to 100 units are likely but will need town approval. Would be very appropriate for affordable housing subdivision or mix of single family and condo s. Lot #2, see attached subdivision plat, is owned by the town of Milton for their Public Works garage, etc.. On 5.99 acres of Lot #3, there will be a 32 units residential development going in. Because of the town lot and the development on two thirds of Lots #3, a good share of road will be built that will ultimately have to connect to Willy s Lane, natural gas, municipal water/sewer will be available at road, and pumping station for sewer will be built. See attached for current zoning regs., conditions of final subdivision approval, plot plans, etc.. The time is right and this lot is right for the times! Also listed as a Commercial listing see MLS#5015733.
MLS# 5015732

Courtesy Of Berkshire Hathaway HomeServices Vermont Realty Group

(802) 658-5555

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    20.86 Acres

Map and Directions

Directions to 0 Bombardier Road 1, Milton, VT 05468

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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