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326 Vt 7a, Shaftsbury, VT 05262

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For Sale

$749,000

52.7 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 52.7 acres
    Lot size

Explore this Property

Calling all developers! Opportunity to create a new housing development in an incredibly desirable location. On the southern edge of Shaftsbury village, within walking distance to elementary school, playgrounds, town hall, country store, and US Post Office. Possibilities for future growth are immense. Town water service is nearby in two locations. Using ARPA funds, the town is currently studying the creation of a municipal sewer system; otherwise private wastewater system(s) can be permitted through the state. Likewise, the town recently acquired two lots next to town hall to build a community center and garden. This 52.7 acres is across the street from the Robert Frost Trail; expanding the trail through this site would be a dream come true. Currently 1 acre minimum zoning, potential to build dozens of homes to meet the area's high demand for housing year-round residents. Whether your mission is to meet the needs of renters, first-time buyers, aging seniors, growing families, executives, farmers, artists... if you build it, they will come! On site is a 5 bedroom Colonial Farmhouse with super solid bones in need of complete interior rehab, classic red barn, and a former retail art/farm stand on Route 7A... which would make a perfect builder's showroom for prospective new home buyers. The open pasture and immature woods are naturally divided by a small stream, idyllic for a water feature in a new subdivision. Don't just dream it, let's explore and make it happen!
MLS# 4992218

Courtesy Of Hoffman Real Estate

(802) 753-7771

Property Features

  • Architecture Style
    Other
  • Lot Size
    52.7 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 326 Vt 7a, Shaftsbury, VT 05262

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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