9.8 Acres of Beautiful Vermont Green Mountain Views – Mt Snow and Stratton Ski Resorts both under 30 minutes away!

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    No time restrictions
  • State
    Vermont
  • County
    Windham
  • City
    Wardsboro
  • GPS
    43.05024517561233, -72.76381103722163
  • Curent Zoning
    FID 3 - Resource Residential
  • General Elevation
    1240
  • Taxes
    $Contact Wardsboro Town Clerk for exact amount
  • Conveyance
    Warranty Deed
  • Sewer
    Septic or alternative would be needed.
  • Parcel Size (in acres)
    9.8
  • Zip
    05355
  • Title Info
    Owned by Seller
  • Access
    Direct road access, appears to be paved or gravel.
  • Terrain
    Moderate slope
  • HOA Fees
    None
  • Power
    Unknown, but other houses on road suggest power
  • Water
    Well needed
  • Phone
    Unknown, but other houses on road suggest phone lines

Transaction Details

Total Transaction Purchase Price (including closing costs): $22,000 purchase price + 1,500 closing costs = 23,500
Anticipated Sale Price: $40,000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 90 days or less
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: 50/50%
Anticipated Budget: $40,0000 - 3,200 (8% realtor commission) - 23,500 = 13,300 x (50%) = 6,650
Miscellaneous Option 1: We are using an agent with extensive land expertise for the sale of this property. His other listings are very impressive, as he gets drone shots, as well as ground shots that really accentuate and highlight the attributes of each property he is selling.
Miscellaneous Option 2: Attorney is handling closing (VT is attorney state).

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