3722 Route 14S Randolph, VT
$1,350,000
Acres 109.00
Description
Fantastic income opportunity! This 109+/- acre parcel has 7 subdivided lots and is run as a cabin and tiny home AirBnB community. Currently 4 park model cabins, 1 tiny home, 1 yurt and 2 camp platforms producing a gross of about $156,000 per year (2024 estimate). Two undeveloped lots, one with a 2- bedroom septic permit and the other with soils showing substantial additional capacity. If these and the yurt lot had single park models, gross income may be well over $200,000 per year. Over 4000’ of excellent roads, driveways, water lines, ECFiber, and DSL lines. Community enjoys a shared open recreation area, 0.5+/- acre pond, 22 acres of conserved land and lots of wooded uplands. Would be a great place for a retirement home on the upper lot with long distance views while managing the AirBnB community. Installed septic sites have not been maxed out, so there is room for organic growth on the existing systems. Currently owner managed and they are willing to teach new owners the ins and outs of the property. Up to date state and town permits, fully surveyed, utility drawings, and the engineer who designed everything is sill working and available for expansion. Future owner may take advantage of further subdivision. Future owner may also sell the lots independently. So much potential for expansion of cabins, campers, building lot or excellent just as it is.
Listed by Preferred Properties, Curtis Trousdale & Michael Wrobel 802-862-9106
Details
MLS 5006989
Price $1,350,000
Status Active
DOM 141 days
Type Lot/Land
Lot Size 109.00 acres
Taxes Paid $6,814
Lot & Building Features
Utilities Other, Underground Utilities
Sewer 1000 Gallon, Soil Test Available, Septic Design Available, Private, On-Site Septic Exists, Leach Field
Tax Year 2024
Taxes Paid $6,814
Water Drilled Well, Spring, Private, On-Site Well Exists
Lot Description Pond, View, Secluded
Schools
Elementary School Randolph Elementary School
Junior High School Randolph School UHSD #2
Senior High School Randolph UHSD #2
Land for Sale: 3722 Route 14S, Randolph, VT 05061-9411
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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.