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Listed by Ray Ault of Ault Commercial Realty,Inc. (
FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Poised for Residential community or subdivision. Just 10 minutes to downtown Rutland, and Killington-Pico Ski & Golf Resort. This 28.93 acres ($210,000) may be combined with an adjoining 19.8 acres ($139,000) NE that shares access ROW. The combined larger parcel of 48.73 acres is discounted to $325,000. 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 across 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, and advises he is willing to convey Parcels 1 and 3 with a 50-ft., ROW. The Town lists the combined 48.73-acre parcel as being 49.43 acres. The 2023 Property Tax on combined Parcels 1 & 3 is $2,762.97, or $56.00 per listed acre. By that measure, 2023 tax allocated to Parcel 1 would be $1,109. And tax allocated to Parcel 3 would be $1,620. Buyer should have a Wetlands Delineation done by a Vermont-Certified Wetlands specialist, and soils perc tests to establish a "development envelope". Offered subject to a possible subdivision permit requirement at Seller's expense.

More Info

Basic Information

  • Date Listed03/28/2023
  • StatusACT
  • List Price$210,000
  • MLS Number4947107
  • MLS StatusActive


  • WaterOn-Site Well Needed
  • ElectricAt Street
  • SewerOn-Site Septic Needed
  • UtilitiesCable - Available, High Speed Intrnt -Avail, Telephone Available


  • Building Number761.3
  • StreetROUTE 4 EAST
  • VillageRutland
  • TownRutland Town
  • StateVT
  • Zip05701
  • CountyRutland
  • Flood ZoneYes


  • SurveyedYes
  • ZoningNone
  • Permit StatusNone
  • View Count1


  • Acreage28.93
  • ExposureWest
  • Square Feet1,260,191
  • CurrentUseCommercial, Mixed Use, Residential
  • Lot19 - Parcel 3
  • Road Frontage50
  • RoadsPublic
  • Topography
    • Field/Pasture
    • Hilly
    • Neighbor Business
    • View
    • Wetlands
    • Wooded

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Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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. Data last updated May 30, 2023 10:38 PM EDT


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