0 Bombardier Road, #1
Milton, VT 05468

MLS ID# 4950611 Active
Land

$2,800,000

20.86 Acreage
908662 Lot SqFt

  • Map

Details for 0 Bombardier Road, #1, Milton VT 05468

Large 20+ acre lot centrally located in Milton. High density zoning, only 6000sqft of lot area required for each unit, the owner has gotten a 50% density bonus in the process of subdivision so there is the potential, depending on design and type of housing or mix of housing for up to 160+/- units. See attached sections of zoning regs. and the final subdivision approval. This lot is one of 3 lots subdivided off the original 39 acre parcel. Lot # 3 is under deposit. Lot #2 will be the 6 acres parcel that the town now owns for their new parking garage. There are a lot of pluses with this location, it is adjacent to the towns 30+ acres of recreation area, dog park and events area; short walk to shopping and many other commercial establishments; only a few blocks to the schools; the town library is next door. Because of Lot #3 proposed development the Lot #2 town garage lot, almost half the road separating lots 1 and 3 will be built by developer and town, gas, power, sewer and water will be stubbed to that point, pumping station will be installed by the portion of lot #3 that will be developed but will need to be expanding on existing easement for Lot #1 development. Zoning allows max of 8 units for structure, if multi family are proposed, and each 8 unit structure would have to be on its own lot. There can be single family or any # of multi or condo type up to 8 units. Please, consult the info attached to the listing for more zoning info and plot plans. Commercial listing 4950613

Features and Details

  • List Date 05/01/2023
  • Category Land
  • Type Land
  • Village/Neighborhood
  • County Chittenden
  • Lot Dimensions 908662
  • Acreage 20.86
  • MLS ID# 4950611

Electric
On-Site, Other
Gas
Other
Location
In Town, Near Shopping
Suitable Use
Development Potential
Roads/Driveway
Other
Sewer
Public Available, Public at Street, Pumping Station
Lot Description
Subdivision
Schools - District
Milton
Schools - Elementary
Milton Elementary School
Schools - High
Milton Senior High School
Schools - Middle/Jr
Milton Jr High School
Water
Public - At Street
Zoning
M4R
Deed
Book: 475, Page: 364
Foreclosed/Bank-Owned/REO
No
Delayed Showings
No
Compensation (explained below)
Sub Agency: 2%, Buyer Agency: 2%
Compensation Disclaimer
The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
This listing was last updated on 5/1/2023 2:17:55 PM.