Bombardier Road Unit #1, Milton, VT 05468
- $2,800,000
Listing courtesy of Warren Palm from BHHS Vermont Realty Group/S Burlington. ()
- List Price
- $2,800,000
- Status
- ACTIVE
- MLS#
- 4950611
- Lot Size
- 908,662
- Acres
- 20.86
Property Description
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. Commercial listing 4950613
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Additional Information
- Delayed Showing
- No
- Listing Agent
- Warren Palm
- Listing Office
- BHHS Vermont Realty Group/S Burlington
- Unit Number
- 1
- School District
- Milton
- Elementary School
- Milton Elementary School
- Middle School
- Milton Jr High School
- High School
- Milton Senior High School
- Flood Zone
- No
- Easements
- No
- Zoning
- M4R
- Resort
- No
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