Mixed-Use Land for Sale in Milton, Vermont

Bombardier Rd Milton, VT 05468

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$2,300,000
20.86 acres
Active sale agoEst $16,485/mo

Lot #1 is a 20 acre parcel centrally located in Milton. It could not get more ideally located for this area-adjacent to the town's 30 acres of recreation are with soccer and baseball fields, dog park, events areas; short walk to shopping center and other commercial establishments; only few blocks from schools; town library is right next door. Zoning is high density, 6000sqft for unit and, in addition, there is a 50% density bonus from the town, but also since it is on municipal water/sewer, you could do a duplex on each lot. Considering infrastructure and roads, etc. 90 to 100 units are likely but will need town approval. Would be very appropriate for affordable housing subdivision or mix of single family and condo's. Lot #2, see attached subdivision plat, is owned by the town of Milton for their Public Works garage, etc.. On 5.99 acres of Lot #3, there will be a 32 units residential development going in. Because of the town lot and the development on two thirds of Lots #3, a good share of road will be built that will ultimately have to connect to Willy's Lane, natural gas, municipal water/sewer will be available at road, and pumping station for sewer will be built. See attached for current zoning regs., conditions of final subdivision approval, plot plans, etc.. The time is right and this lot is right for the times! Also listed as Land MLS# 5015732

Directions

Exit 17 of I89. North on Rte. 7. Right onto Bombardier Rd.. Turn right onto Park Place, next to Town Offices. Next right turn onto new road, Board Walk Way. That road ends a short distance after Public Works Way on left. Lot #1 will be the treed area to the left.

Property details

Zoning
M4R- High Density Res
Elevation
331 feet
MLS Number
NNEREN 5015733
Date Posted

This 20.86-acre property is located at Bombardier Rd in Milton, VT 05468. The property is currently available for sale for $2,300,000 with a price per acre of $110,259. Listing data is sourced from PrimeMLS # 5015733.

Verify sale details at the property source or contact Berkshire Hathaway HomeServices Vermont Realty Group/S Burlington at (802) 658-5555.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

Warren Palm
Berkshire Hathaway HomeServices Vermont Realty Group/S Burlington
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