416 Mountainside DriveStowe, VT 05672MLS Number 5005023

Price: $2,950,000
Est. Mortgage of $/month
85 Days on Market

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.

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Tax Information

Tax Year2025

Building

Year Built2009
Units2
Unit 1 Bath3
Unit 1 Bedrooms2
Unit 1 Total Rooms7
Unit 2 Bath2
Unit 2 Bedrooms2
Unit 2 Total Rooms6
# of 2 Bedrooms2
Bathroom2
Total Baths2
FoundationPoured Concrete

Utilities

Heat FuelGas - LP/Bottle
Heat SystemRadiant Floor, Mini Split
Electric200 Amp
SewerLeach Field - On-Site, Shared
UtilitiesCable - Available, Gas - LP/Bottle

Basic Information

StatusACT
List Price$2,950,000
Date Price Change07/15/2024
MLS Number5005023
MLS StatusActive

Property

Acreage1.1
Parking Spaces2
Square Feet4,004
APX Fin AG Sqft3,640
RoadsPrivate, Privately Maintained

Exterior

RoofShingle - Asphalt
Exterior ColorMushroom

Other

Taxes$32,945.76
Seasonal Y/NNo
Date Listed07/15/2024
View Count43

Location

TownStowe
StateVT
Zip05672
CountyLamoille
ZoningMRV
Elementary SchoolStowe Elementary School
Junior HighStowe Middle/High School
High SchoolStowe Middle/High School
Flood Zone Y/NNo

Interior

APX Fin Below Grade364
FloorsCarpet, Ceramic Tile, Hardwood
Interior AmenitiesLandscaping, Common Acreage, Hot Tub, Sauna

Amenities

Exterior AmenitiesDeck, Hot Tub, Outbuilding, Sauna
PricePerSqFt736.76

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 8, 2024 5:39 AM EDT

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416 Mountainside DriveStowe, VT 05672MLS Number 5005023

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