$139,000 $746 est/mo Sourced by Back At You

761 Route 4 East,Rutland Town, VT 05701

Rutland Town VT, 05701

Share with a friend


FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Part of NEARLY 50 ACRES: Poised for Residential development or subdivision, subject to Permitting. Just 10 minutes to downtown Rutland, and Killington-Pico Ski & Golf Resort. This 19.8 acres may be combined with an adjoining 28.93 acres* ($210,000) SW that shares access ROW. The combined larger parcel of 48.73 acres (Listed by Town as 49.43 acres) is discounted to $325,000. The Gross Taxes listed hereon: $2,952.93/yr, are for that combined larger parcel of 48.73 acres. On a $59.74 per acre assessment basis, that would put the annual 2024 Tax on this 19.8-acre Parcel 1 at $1,183. and the tax allocated to Parcel 3 would be $1,728. Possible OWNER FINANCING. Or Ground-Lease starting at $1,250.00/month on Parcel 1, and $1,750/mo., on Parcel 3,...term negotiable. Note: The Right of Way from Route 4 along the south line of Parcel No. 2 on the survey map provided, appears to be 20 ft wide, but Seller also owns Parcel 2 with the gray cape house (currently on an annual lease), and advises he is willing to convey Parcels 1 and 3 with a 50-ft., ROW. Buyer should have a Wetlands Delineation done by a Vermont-Certified Wetlands specialist, and soils perc tests to establish a "development envelope". * See ML#4845085 for Listing on adjacent 28.93 acres for $210,000.


Listing TypeFor Sale
Suite Number1
StatusUnder Contract
Days On Site315
Listing Provided ByAult Commercial Realty, Inc. | Ray Ault


Property ViewField, Pasture, Hilly, Neighbor

Market Activity 05701

Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Request a showing

Request a showing

Loading Form
Listings Checked: 12 seconds ago


Learn More About This Property

CountyVT Rutland
CityRutland Town
Zip Code05701
Listing VS Median (in 05701)
low | high
93.884892086331% of Average
On Site:
low | high
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $0 - $0
SqFt: 0 - 0
Nearby Listings Property ImageNearby Listings Details
734 US-4 East Highway Property Photo 1
734 Us-4 East Highway
Rutland Town, VT 05701
Listing Updated: May 21, 2024 at 11:06:38 AM PDT
Real Estate Links Our Domains