0 Bombardier Road #1 Milton, VT

$2,300,000
Acres 20.86
Photo of 0 Bombardier Road Milton VT 05468




Description

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.


Listed by BHHS Vermont Realty Group/S Burlington, Warren Palm

Details

MLS 5015732
Price $2,300,000
Status Active
DOM 80 days
Type Lot/Land
Lot Size 20.86 acres

Lot & Building Features

Utilities Gas - At Street, Gas - Underground
Sewer Public Available, Public Sewer at Street
Water Public, Public Water - At Street
Lot Description Level, Wooded, Subdivision

Schools

Elementary School Milton Elementary School
Junior High School Milton Jr High School
Senior High School Milton Senior High School

Land for Sale: 0 Bombardier Road #1, Milton, VT 05468

Map

Get Directions

Financing

$
20%
1%
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.