221 Landgrove RoadLandgrove, VT 05148Price: $675,000

With more than 80 acres spanning the towns of Landgrove and Peru, this spectacular property is ripe for your imagination and offers several options for new construction, multi-family or generational development, or renovation! Be it choosing the perfect building site for the construction of your Vermont dream house, a total renovation of the existing three-bedroom cottage, or continuing to use the house as a simple, rustic and charming seasonal escape, this substantial property will support your investment and allow you to own one of the last remaining properties with substantial acreage in Landgrove. The cottage has only been used in the summer months for the past couple of decades and offers approximately 1575 of living space on the main level with an unfinished second floor. There is a functional eat-in kitchen, spacious living room with a wood stove, three bedrooms, one full bathroom, and two small “bonus” rooms (one off the entry area and the other off the kitchen) offering the possibility of a mudroom, home office, walk-in pantry, or extra storage space. In addition to the existing cottage, there are several possible building sites, all offering absolute privacy and solitude, some with the potential for dramatic western views (with clearing), others offering southern exposure and all-day sun. Neighboring homes on the same ridgeline enjoy truly stunning views, so it's worth the effort to hike out to the back acreage to see the possibilities for yourself. No soils testing or permitting has been initiated or completed and doing so will be the future owner's responsibility. The property is not enrolled in Vermont's “current use” land management program and doing so could substantially reduce the existing property taxes and create a land stewardship program for future generations. This is truly a once-in-a-lifetime opportunity to own substantial acreage in one of Vermont's most bucolic and charming communities.