3722 Route 14S Randolph, VT 05061

Other Residence

Beds

Baths

1,396 Sq. Ft.

109 Acre Lot

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Last updated on 11/7/2024 1:47 AM

Listing Details

Fantastic income opportunity! This 109+/- acre parcel has 7 subdivided lots and is run as a cabin and tiny home AirBnB community. Currently 4 park model cabins, 1 tiny home, 1 yurt and 2 camp platforms producing a gross of about $156,000 per year (2024 estimate). Two undeveloped lots, one with a ...2- bedroom septic permit and the other with soils showing substantial additional capacity. If these and the yurt lot had single park models, gross income may be well over $200,000 per year. Over 4000â?? of excellent roads, driveways, water lines, ECFiber, and DSL lines. Community enjoys a shared open recreation area, 0.5+/- acre pond, 22 acres of conserved land and lots of wooded uplands. Would be a great place for a retirement home on the upper lot with long distance views while managing the AirBnB community. Installed septic sites have not been maxed out, so there is room for organic growth on the existing systems. Currently owner managed and they are willing to teach new owners the ins and outs of the property. Up to date state and town permits, fully surveyed, utility drawings, and the engineer who designed everything is sill working and available for expansion. Future owner may take advantage of further subdivision. Future owner may also sell the lots independently. So much potential for expansion of cabins, campers, building lot or excellent just as it is. Continue reading

MLS#

5008986

Property Type

Other

Year Built

2019

Square Feet

1,396 sq. ft

Price per Sq. Ft.

$967.05

Lot Size

109