Waterfront - Golf Course
Listing Provided Courtesy Of:
Shawn Cheney with EXP Realty.
Address
230 Route 129 Alburgh, VT
Price
$ 2,500,000
Property Attributes
  • MLS#4866360
  • TypePending
  • CountyGRAND ISLE
  • CityAlburgh
  • AreaGrand Isle
  • NeighborhoodLake Champlain
  • Zip05440
  • StyleBusiness,Development,Investment,Land,Opportunity
  • Taxes$ 27281
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size422 Acres
Listing Provided Courtesy Of:
Shawn Cheney with EXP Realty.
Data Source:
Northern New England Real Estate Network (NNEREN)
Property Description

This sale consists of a turnkey fully operating 18 hole golf course on 422 acres of land. The golf course has over 1500 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. A driving range and putting green are onsite. 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. This sale excludes the 3000 sf house located on a separate parcel.

Price History
6/12/2021 Listed $2,500,000

General Features

Basement Yes
Listing Area VT-Grand Isle
Road Frontage Yes
Sewer On-Site Septic Exists
Status Under Contract
Tax Year 2020
Utilities Other
Water Public
Zoning Commercial

Interior Features

Basement Access Type Interior
Basement Description Unfinished
Equipment Irrigation System

Exterior Features

Exterior Vinyl
Lot Size Area 422
Road Frontage Length 7000
Water Body Access Yes
Water Body Name Lake Champlain
Water Body Type Lake
Water Frontage Length 1500

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 05440

Statistics provided by Inside Real Estate

Price
AVG $490K
$2.5M
Taxes
AVG $7,501
$27,281
Visits
AVG 96
258

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