Bombardier RoadMilton, VT 05468MLS Number 4950613

  • Price: $2,800,000
  • 360 Days on Market
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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
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  • 20.86Acreage
  • 2023Tax Year
  • LandType
  • ActiveMLS Status

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Listed by Warren Palm of BHHS Vermont Realty Group/S Burlington
Large 20+ acre lot centrally located in Milton. High density zoning, only 6000sqft of lot area required for each unit, the owner has gotten a 50% density bonus in the process of subdivision so there is the potential, depending on design and type of housing or mix of housing for up to 160+/- units. See attached sections of zoning regs. and the final subdivision approval. This lot is one of 3 lots subdivided off the original 39 acre parcel. Lot # 3 is under deposit. Lot #2 will be the 6 acres parcel that the town now owns for their new parking garage. There are a lot of pluses with this location, it is adjacent to the towns 30+ acres of recreation area, dog park and events area; short walk to shopping and many other commercial establishments; only a few blocks to the schools; the town library is next door. Because of Lot #3 proposed development the Lot #2 town garage lot, almost half the road separating lots 1 and 3 will be built by developer and town, gas, power, sewer and water will be stubbed to that point, pumping station will be installed by the portion of lot #3 that will be developed but will need to be expanding on existing easement for Lot #1 development. Zoning allows max of 8 units for structure, if multi family are proposed, and each 8 unit structure would have to be on its own lot. There can be single family or any # of multi or condo type up to 8 units. Please, consult the info attached to the listing for more zoning info and plot plans. Land Listing 4950611.

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More Info

Basic Information

  • PermissionDeed, Plot Plan, Survey, Town Approvals

Building

  • FoundationNone

Property

  • Acreage20.86
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaBusiness District, In Town, Near Shopping
  • Lot Sqft908,662

Other

  • Date Listed05/01/2023
  • View Count23

Tax Information

  • Tax Year2023

Location

  • StreetBombardier Road
  • TownMilton
  • StateVT
  • Zip05468
  • CountyChittenden

Utilities

  • FuelNone
  • Heating CoolingNone

Basic Information

  • StatusACT
  • Modification Date11/07/2023
  • TypeLand
  • List Price$2,800,000
  • Broker NameBHHS Vermont Realty Group/S Burlington
  • Listing Agent NameWarren Palm
  • Lister Office NameBHHS Vermont Realty Group/S Burlington
  • MLS Number4950613
  • MLS StatusActive
Larkin Realty
Office: 802-864-7444
410 Shelburne Road
Burlington, VT 05401
Broker Reciprocity 

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 25, 2024 4:22 AM EDT

 
Broker Reciprocity 

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 25, 2024 4:22 AM EDT

 

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