Listed by Warren Palm with BHHS Vermont Realty Group/S Burlington 802-658-5555

Active

0 Bombardier Road Unit: 1

Milton VT, 05468

$2,800,000


$3.08 per sqft

Active

20.86 Acres

Land

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

4950611

MLS ID

May 1, 2023

Listed

November 22, 2024

Updated

Map

0 Bombardier Road Unit: 1
Milton VT, 05468

Exterior/Building Features

Lot Size

20.86 Acres


Sewer

Public Available, Public Sewer at Street, Pumping Station

School Information

High School

Milton Senior High School


Elementary School

Milton Elementary School

Other Property Details

Area Name

VT-Chittenden


Days on Market

273


Garage

No


View

No


Water Source

Public Water - At Street


Pool

No

Listed by Warren Palm with BHHS Vermont Realty Group/S Burlington 802-658-5555

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