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Property view

20 Kienle Road #Lots 1-4, 
Milton, VT 05468

$295,000


Bed


Bath


-

Sq Ft


1.39

Acres (Lot)


Land

Sold

Listed by

The Signature Realty Group

Signature Properties Of Vermont

802-872-8881

MLS#

5015841

Source:

PrimeMLS

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About This Land

20 Kienle Road #Lots 1-4

Discover a fantastic investment opportunity with this 4-lot approved subdivision! This unique property includes three unimproved lots and one lot featuring a large steel garage, currently serving as the Town garage, complete with a bathroom. The three vacant lots are approved for single-family homes and have potential to possibly be converted into duplex lots with additional permitting. Estimated infrastructure costs range between $75,000 to $85,000, covering sewer force main, pump station, sidewalks, and other miscellaneous expenses. The subdivision is serviced by town water, town sewer, and natural gas, ensuring convenient utilities access. Development Information: PERMITS obtained | $2,500 est. cost for water hook-up | $2,500 est. cost for sewer hook-up | Buried fuel tank on garage lot concrete | Possibility of duplex lot with amended wastewater permit and water/sewer allocations. The sale options are flexible: purchase Lot 4, featuring the garage on 0.4 acres, for $175,000, or acquire Lots 1-3, the unimproved lots, for $225,000, with cost agreements on infrastructure. This is a prime chance to develop in a well-serviced area with great potential for growth! *Based on buyer's development status, Act 250 may be triggered.

Land Facts

Description/Design:

Land

Lot Size (Acres)

1.39

MLS #:

5015841

Sold:

December 18, 2024


Finances & Disclosures

Finances

Price:

$400,000

MLS Logo
Copyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial 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 3, 2025