List Price: $695,000 | 11.7 Acres | Price Per Acre $0 | Total Lots 5 Land


Listed Tuesday Feb 18, 2025 | MLS# 5029670
282 Community Drive Randolph VT
Listed by Curtis Trousdale Preferred Properties
High earning AirB&B investment village! These 5 lots totaling 11.7 +/- acres are located in the beautiful mountains of South Randolph, VT, just minutes from VT I-89. There are three lots each with their own Park Model home, another lot with a fantastic Yurt and quant bath house, and a fifth lot with two RV spaces. All have septic, power, water and highspeed internet. The lot with the RV spots is over 5 acres and includes an open grassy field, pond and garden area making for a wonderful community AirB&B experience. Gross income for the development was (2023 - $125,746 and 2024 - $116,914). Plenty of potential to increase income with additional cabins, moving a month-to-month renter to AirB&B and placing cabins on the RV spots. Three additional bedrooms of unused septic capacity is already installed. 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 AirB&B 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. Current state/town permits, surveyed, and utility drawings are available, but there is a boundary modification being made and this will be completed before closing. Future owners may sell these lots individually.
Lot Description: Rural | Country Setting | Field/Pasture | Landscaped | Mountain View | Pond | Pond Frontage
Lot Size: 11.7 acres
Zoned: Rural Ag)
Surveyed: Yes
SurveyedBy: American Survey
Flood Zone: No
Land Services
Electric: On-Site
Water: Community | Dug Well
Sewer: Leach Field | Septic Shared | Septic
Power Co.- GMP


Docs Available : Access Permit | Aerials | Certificate of Compliance | Deed | Right-Of-Way (ROW) | Septic Design | State Wastewater Permit | Survey | Town Approvals | Town Permit
Easement - Yes
ROW Length: 1500
ROW Width: 50
Row For Other Parcel: Y
Taxes $0
Assesed Value Not Reported
Schools
School District: Orange Southwest
Elementary School: Randolph Elementary School
Middle School: Randolph School UHSD #2
High School: Randolph UHSD #2

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