429 Community DR #7, 8, 9, 10, 11 Active Save Request In-Person Tour Request Virtual Tour
Randolph,VT 05061
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,936 sqft
Price per Sqft $420
MLS Listing ID 5051655
Bedrooms 5
Full Baths 5
Construction Status Existing
Year Built 2019
Annual Tax Amount $11,767
Lot Size 11.700 Acres
Acres 11.7
Property Description
High earning Airbnb investment village! These 5 lots totaling 11.7 +/- acres, located in the beautiful mountains of South Randolph, VT, just minutes from VT I-89. There are four lots, each with their own log cabin park model home, a fifth lot with a fantastic Yurt and quant bath house. Additionally, there is a second Yurt that can be moved by the purchaser to a fully prepped area with water/sewer and power. One lot is over 5 acres and includes an open grassy field, pond and garden area making for a wonderful community Airbnb experience. Gross income for the development was (2023 - $125,746 and 2024 – $116,914). Recent changes include the addition of a new Cabin and conversion of a second to Airbnb starting August. Based on past numbers, this should provide a future yearly gross income of approx. $169,000. Future potential with three additional bedrooms of unused septic capacity is already installed. The 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 Airbnb 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. All current state/town permits, surveyed, and utility drawings are available. Future owners may sell these lots individually.
Location
State VT
County Vt-orange
Area Vt-Orange
Zoning Rural Ag
Interior
Cooling Mini Split
Flooring Wood
Exterior
Utilities Available Propane,Other
Roof Type Metal,Other
Building
Story 1
Sewer Leach Field,Private
Architectural Style Cabin,Yurt
Construction Status Existing
Schools
Elementary Schools Randolph Elementary School
Middle Schools Randolph School Uhsd #2
High Schools Randolph Uhsd #2
School District Orange Southwest