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Listed by Leigh Horton • Your Journey Real Estate
$ 1,200,000
Est. payment | /mo
42.1 Acres Lot
$ 1,200,000
Est. payment | /mo
42.1 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5114770
Annual Tax Amount $11,300
Tax Year 2026
Lot Size 42.100 Acres
Acres 42.1
Property Description
Introducing Greenfield Way, a residential development opportunity consisting of a town-approved 10-lot subdivision with nine triplex lots totaling 27 residential units, and one open-space lot encompassing approximately 38 additional acres offering potential for future development. The nine residential lots comprise approximately 3.75 acres, providing an opportunity for builders and developers to bring new housing to the St. Albans area. With significant planning work completed and town approval obtained, this project offers a valuable head start toward development. Additional local and state permitting is underway, with the sellers anticipating the property will be substantially permitted prior to closing. Remaining permitting and development requirements are at various stages of completion, with supporting documentation available for review. The additional acreage presents a long-term opportunity, with portions potentially suitable for future development, subject to wetlands considerations, feasibility studies, and applicable regulatory approvals. Whether you're an established developer or builder looking to expand your residential portfolio, Greenfield Way offers a combination of planned residential development, additional acreage, and a desirable Franklin County location.
Location
State VT
County Vt-franklin
Area Vt-Franklin
Zoning Commercial Growth Ctr.
Exterior
Utilities Available Gas at Street
Building
Sewer Public Sewer at Street
Schools
Elementary Schools St. Albans Town Educ. Center
Middle Schools St Albans Town Education Cntr
High Schools Bfast Albans
School District Maple Run Usd
Nearby Locations
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