$ 3,350,000
230 Route 129 Alburgh, VT 05440
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Charlotte Gill
charlotte@obergagency.com
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Charlotte Gill
charlotte@obergagency.comListed by Shawn Cheney • EXP Realty • Cell: 802-782-0400
$ 3,350,000
Est. payment | /mo
424 Acres Lot
$ 3,350,000
Est. payment | /mo
424 Acres Lot
Key Details
Property Type Commercial
Sub Type Business,Development,Investment,Land,Opportunity
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 4866360
Annual Tax Amount $27,281
Tax Year 2020
Lot Size 424.000 Acres
Acres 424.0
Property Description
This sale consists of a turnkey fully operating 18 hole golf course on 413 acres of land. An 8.13 acre lot. This sale includes the 3000 sf house located on a 3 acre separate parcel. The golf course has over 1700 feet of lakefront on Lake Champlain. This land has extensive development potential as over 200 acres of property is undeveloped with aprox 7000 feet of road frontage. The development possibilities in addition to the golf course are extensive to include direct lakefront development. The golf course has undergone extensive infrastructure upgrades to include an irrigation pond and many newer pieces of ground maintenance equipment. The club house has a restaurant with a full bar indoor and outdoor dining areas. The restaurant is leased for operation but much of the restaurant equipment is included. The lower level of the restaurant/clubhouse has a 2 br apartment for a pro or for additional income from guests. The lower level also has a space that could be finished for additional indoor expansion to add catering or event space. The lakefront could be developed as not to interfere with the golf course operation and to someone with a development vision it adds extensive long term financial potential. An onsite black stone gravel pit services the property or could be an additional financial venture for a new owner. The additional acreage is a mix of open meadows and wooded areas with some of the best elevated views of the Green Mountains in Alburgh.
Location
State VT
County Vt-grand Isle
Area Vt-Grand Isle
Zoning Commercial
Body of Water Lake
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Inclusions Additional Buildings, Barn, Equipment, Inventory, Land/Building, Land/Building/Business, Outbuilding, Building
Equipment Irrigation System
Exterior
Utilities Available Other
Waterfront Yes
Water Access Desc Yes
Building
Sewer On-Site Septic Exists
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Charlotte Gill
Broker