MLS Number 4684693
- Area Rural
- Acreage 58
Potential 30+ unit residential development opportunity in Georgia, VT! This 58 +/- acre level parcel sits along a paved town-maintained road. The neighborhood consists of mainly single-family residence with several larger older developments bordering the property. Located in the AR-3 High Density Residential zoning district, providing a potential density of 58 units with minimum allowable lot size of 0.5 acres. Green Mountain Power access along property frontage. Town water and sewer are not available at this location so on-site solutions will be necessary. Preliminary soil investigations found potential septic for a community-based system of 26 three bedroom homes. Septic capacity for an additional 4 homes were found on the eastern border. Additional testing could yield further capacity. Access to the rear of the property will require a stream crossing. Composed of approximately 10 acres of Ag fields with the remainder mixed woods. Close to Arrowhead Mountain Lake - Under 5 minutes to I89 - 30 minutes to Burlington. Come make this your next development project.
Listed by Curtis Trousdale and Alex Danis of Preferred Properties