393 & 441 Magic Mountain Access Road Londonderry, VT
$749,000
Acres 2.05
Description
Investment Opportunity in Londonderry, VT! Discover the potential of this Alpine-style lodge, perfectly situated on Magic Mountain, just 300 feet from the ski lifts and slopes. This property, while needing extensive renovation or demolition, offers incredible value with options for redevelopment. The house, likely salvageable, is connected to a community sewer and one of the two private well. The hotel and annex present an ideal gut job or tear-down project, making way for future building lots. Note: Asbestos is present in the bathroom tiles and ceilings. Magic Mountain holds the right of first refusal. Don’t miss this chance to create something truly special on this prime, almost, ski-in/ski-out property!
Listed by Winhall Real Estate, Carrie Mathews
Details
MLS 5010908
Price $749,000
Status Active
DOM 114 days
Type Commercial
Lot Size 2.05 acres
Year Built 1963
Taxes Paid $13,775
Lot & Building Features
Utilities Cable - Available
Cooling None
Parking Description On-Site
Sewer Community
Tax Year 2024
Taxes Paid $13,775
Water Drilled Well
Foundation Concrete
Roof Shingle
Map
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Financing
$
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.