Stowe, VT | 416 Mountainside Drive

$2,950,000
MLS#: 5005023
2
# of Units
4,004
Total Sq. Feet
1.10
Acres
$21,336
Taxes
1 of 37

General Property Information

Price:
$2,950,000
County:
VT-Lamoille
Acres:
1.10
Property Type:
Multi-Family
Property Status:
Active
# of Units:
2
Agency/Brokerage:
Jill Anne
Four Seasons Sotheby's Int'l Realty

Own a 2-unit alpine condominium enclave on 1.1 acres of land 5 miles from the ski lifts and walking distance into downtown, with uncommon views and amenities…that pays for itself. This is a gateway to a lifestyle that is itself an income producing investment opportunity. You can immerse yourself in the adventures, amenities, and services that the heart of Stowe offers, while generating cash flow with an appreciating asset. Pro Forma projections attached show that you can offset expenses and mortgage costs, get a current return on your cash down payment, and have plenty of time to use the property yourself. The photo gallery tells the rest of the story (which, in many ways, is also the point to purchasing this unique, self-contained personal resort): two 2-bedroom units, each with a third room variously used and a full kitchen/dining/great room; Unit 1 has 2 and ½ bathrooms, Unit 2 has 2 full bathrooms; a separate, glass walled fitness studio filled with equipment, long views, and a cedar climbing wall with wooden hand holds; separate cedar sauna building with glass wall for long views (see pictures); outdoor spas with long view; landscape described like a park. And, private. You can only judge by being there. Each unit’s interior and exterior spaces and the fitness studio are wired for Sonos; you create a separate ambiance for each space.

Features

Property Type:
Multi-Family
# of Units:2
Subdivision Name:
Year Built:
2009
Parking:
Road Frontage:
0
Acres:1.10
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
2
# of Electric Meters:
2
Sq Ft (Above Ground):
3640
Sq Ft (Below Ground):
364
Total Sq Ft:
4004
Land Description:Condo Development,Corner,Landscaped,Mountain View,Slight
Elementary School:
Stowe Elementary School
Middle School:
Stowe Middle/High School
High School:
Stowe Middle/High School
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
7
#Bedrooms:
2
#Baths:
3
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
0.00

Unit 2

#Rooms:
6
#Bedrooms:
2
#Baths:
2
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
0.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-07-05
Last Updated:
2024-07-15 14:28:04

Stowe Office

Sherry Wilson

(P) 802.253.9771
(F) 802.253.9993
email

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