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429 Community Drive 7, 8, 9, 10, 11, Randolph, VT 05061

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For Sale

$815,000

5 beds • 5 baths • 1,936 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $420.97
    Price per square foot

  • 6-10 Years Old
    Age

Explore this Property

High earning Airbnb investment village! These 5 lots totaling 11.7 +/- acres, located in the beautiful mountains of South Randolph, VT, just minutes from VT I-89. There are four lots, each with their own log cabin park model home, a fifth lot with a fantastic Yurt and quant bath house. Additionally, there is a second Yurt that can be moved by the purchaser to a fully prepped area with water/sewer and power. One lot is over 5 acres and includes an open grassy field, pond and garden area making for a wonderful community Airbnb experience. Gross income for the development was (2023 - $125,746 and 2024 $116,914). Recent changes include the addition of a new Cabin and conversion of a second to Airbnb starting August. Based on past numbers, this should provide a future yearly gross income of approx. $169,000. Future potential with three additional bedrooms of unused septic capacity is already installed. The current owner outsources his cleaning & communications, doing your own could increase net by over 13K per year. There are two other lots available if you wish to expand income opportunity or build your own home. The seller created this small community and has been running it as rental and Airbnb income property. He is ready to slow down in retirement and ready to travel but is willing to teach new owners the ins and outs of the property. All current state/town permits, surveyed, and utility drawings are available. Future owners may sell these lots individually.
MLS# 5051655

Courtesy Of Preferred Properties

(802) 233-5589

Property Features

  • Age
    6-10 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Wood
  • Lot Size
    11.7 Acres
  • Roof Type
    Metal

Home seller CENTURY 21 TheOne

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 TheOne

(802) 404-2700
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† 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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