32 Parsons Avenue, Saint Albans, VT 05481
Local realty services provided by:CENTURY 21 Barbara Patterson
32 Parsons Avenue,St. Albans Town, VT 05481
$1,850,000
- 12.9 Acres
- Lots / Land
- Active
Listed by: blake gintofjarahr@signaturepropertiesvt.com
Office: signature properties of vermont802-872-8881
MLS#:5104158
Source:PrimeMLS
Price summary
- Price:$1,850,000
About this home
Rare 56-Unit Development Opportunity in St. Albans! An exceptional offering for investors, builders and developers seeking a sizable, Town-approved project in one of Northwest Vermont’s growing communities. Alton’s Landing is currently approved for 56 residential units, offering the ability to advance a substantial development while preserving compelling longer-term possibilities. The approved concept consists of 14 four-unit townhouse buildings each thoughtfully designed, featuring 3 bedrooms, 2.5 baths, approximately 1,244 SF of finished living space, an attached one-car garage and unfinished basement. An attractive configuration for individual resale or a long-term rental portfolio. A significant development advantage is the availability of municipal water and sewer, along with natural gas located directly at the road. Access to these key utilities is a substantial benefit for a project of this scale and enhances both development feasibility and future residential desirability. For those seeking to maximize the property’s potential, preliminary concepts indicate the site may accommodate approximately 80 units, subject to redesign, municipal review and all required approvals. This creates exceptional flexibility: build and sell the approved units, retain the community as a substantial rental portfolio, pursue a combination of strategies, or explore a new development vision. During the entitlement process, the Town Manager also expressed interest in potentially exploring the CHIP program for possible roadway and pedestrian-access improvements, which could potentially offset certain infrastructure costs if available and applicable. Buyers should independently investigate eligibility, funding and requirements. Conveniently located minutes from I-89, Collins Perley Sports & Fitness Center, downtown St. Albans, shopping, dining and recreation. Few opportunities combine this level of approvals, scale, utility infrastructure, flexibility and future potential!...
Contact an agent
Home facts
- Listing ID #:5104158
- Added:32 day(s) ago
- Updated:September 11, 2026 at 10:59 AM
Structure and exterior
- Lot area:12.9 Acres
Utilities
- Sewer:Public Sewer at Street
Finances and disclosures
- Price:$1,850,000
- Tax amount:$2,575 (26)
Features and amenities
- Amenities:At Street
New listings near 32 Parsons Avenue
- Open Sat, 10am to 1pmNew
$415,000Active2 beds 3 baths2,060 sq. ft.129 Sunrise Drive, St. Albans Town, VT 05478
MLS# 5108542Listed by: CENTURY 21 NORTH EAST - New
$444,900Active3 beds 4 baths2,612 sq. ft.952 Harbor View Drive, St. Albans Town, VT 05478
MLS# 5108390Listed by: POQUETTE REALTY - New
$595,000Active3 beds 3 baths2,245 sq. ft.834 Harbor View Drive, St. Albans Town, VT 05478
MLS# 5108281Listed by: CANNIZZARO REAL ESTATE - New
$459,000Active3 beds 2 baths2,000 sq. ft.22 Ashton Drive, St. Albans Town, VT 05478
MLS# 5108145Listed by: POQUETTE REALTY - New
$460,000Active3 beds 2 baths1,917 sq. ft.1402 French Hill Road, St. Albans Town, VT 05478
MLS# 5108043Listed by: POLLI PROPERTIES
$109,000Pending3 beds 2 baths924 sq. ft.28 Burt Street, St. Albans City, VT 05478
MLS# 5107499Listed by: FLEX REALTY
$849,900Active1.07 Acres324 South Main Street, St. Albans Town, VT 05481
MLS# 5107173Listed by: SIGNATURE PROPERTIES OF VERMONT
$208,000Active1 beds 1 baths525 sq. ft.126 Hickory House Road, St. Albans Town, VT 05478
MLS# 5106764Listed by: REAL BROKER LLC
$566,900Active3 beds 3 baths2,993 sq. ft.68 Firefly Lane, St. Albans Town, VT 05478
MLS# 5106597Listed by: BHHS VERMONT REALTY GROUP/S BURLINGTON
$410,000Active1 beds 1 baths870 sq. ft.1187 Hathaway Point Road, St. Albans Town, VT 05478
MLS# 5106392Listed by: COLDWELL BANKER HICKOK AND BOARDMAN