0 Bombardier Road, #1
Milton, VT 05468
MLS ID# 4950613 Active
Land
$2,800,000
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. Land Listing 4950611.
Features and Details
- List Date 05/01/2023
- Category Commercial
- Type Land
- Village/Neighborhood
- County Chittenden
- Lot Dimensions 908662
- Acreage 20.86
- MLS ID# 4950613
- Basement
- No
- Cooling
- None
- Heating
- None
- Parking
- Other
- Lot Description
- Level
- Utilities
- Other
- Natural Gas
- Yes
- Water
- Public, Public - At Street
- Sewer
- Public at Street, Pumping Station
- Zoning
- M4R-Residential
- Location
- Business District, In Town, Near Shopping
- Property Types
- Land
- Deed
- Book: 475, Page: 364
- Foreclosed/Bank-Owned
- : No
- Delayed Showings
- No
- Sale Includes
- Land Only
- 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.
- Sale Type
- Sale