230 Route 129 Alburgh, VT

$3,350,000
Acres 424.00
Photo of 230 Route 129 Alburgh VT 05440




Description

This sale consists of a turnkey fully operating 18 hole golf course on 413 acres of land. An 8.13 acre lot. This sale includes the 3000 sf house located on a 3 acre separate parcel. The golf course has over 1700 feet of lakefront on Lake Champlain. This land has extensive development potential as over 200 acres of property is undeveloped with aprox 7000 feet of road frontage. The development possibilities in addition to the golf course are extensive to include direct lakefront development. The golf course has undergone extensive infrastructure upgrades to include an irrigation pond and many newer pieces of ground maintenance equipment. The club house has a restaurant with a full bar indoor and outdoor dining areas. The restaurant is leased for operation but much of the restaurant equipment is included. The lower level of the restaurant/clubhouse has a 2 br apartment for a pro or for additional income from guests. The lower level also has a space that could be finished for additional indoor expansion to add catering or event space. The lakefront could be developed as not to interfere with the golf course operation and to someone with a development vision it adds extensive long term financial potential. An onsite black stone gravel pit services the property or could be an additional financial venture for a new owner. The additional acreage is a mix of open meadows and wooded areas with some of the best elevated views of the Green Mountains in Alburgh.


Listed by EXP Realty, Shawn Cheney 802-782-0400

Details

MLS 4866360
Price $3,350,000
Status Pending
DOM 1282 days
Type Commercial
Lot Size 424.00 acres
Taxes Paid $27,281

Lot & Building Features

Utilities Other
Construction Vinyl Exterior
Sewer On-Site Septic Exists
Tax Year 2020
Taxes Paid $27,281
Water Public
Basement Description Unfinished

Map

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Financing

$
20%
0.81437432835821%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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