416 Mountainside DriveStowe, VT 05672MLS Number 5003709

Price: $2,950,000
Est. Mortgage of $/month
69 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 Year2024

Building

Year Built2009
Garage Spaces2
Total Rooms12
FoundationPoured Concrete

Property

Acreage1.1
Property TypeCondo
Road FrontageTBD
DrivewayPaved
RoadsPrivate, Privately Maintained

Exterior

Exterior FeaturesDeck, Hot Tub, Outbuilding
Exterior ColorMushroom
RoofShingle - Asphalt

Rooms

Full Bath2

Location

TownStowe
StateVT
Zip05672
CountyLamoille
ZoningMRV
ResortNo
DistrictStowe School District
Flood ZoneNo
Elementary SchoolStowe Elementary School
Junior HighStowe Middle/High School
High SchoolStowe Middle/High School

Utilities

Elec Co.Stowe
ElectricOn-Site
Heat FuelGas - LP/Bottle
Heating CoolingRadiant Floor, Mini Split
Equipment AppliancesSmoke Detectr-Hard Wired
SewerLeach Field - On-Site, Shared, Septic
UtilitiesCable - At Site

Basic Information

List Price$2,950,000
Square Feet4,004
StatusACT
Bedrooms4
Bathroom5
3/4 Baths2
Half Bath1
New ContructionExisting
MLS Number5003709
MLS StatusActive

Interior

FloorsCeramic Tile, Hardwood
Interior FeaturesFireplace - Gas, Fireplaces - 2
Stories2

Amenities

PricePerSqFt736.76

Other

Date Price Change07/05/2024
Taxes$32,945.76
Unadjusted TaxesNo
SurveyedYes
SeasonalNo
Time ShareNo
Span621-195-13873 & 13874
Association AmenitiesExercise Facility, Landscaping, Common Acreage, Hot Tub, Sauna
Date Listed07/05/2024
Delayed ShowingsNo
View Count2

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 September 12, 2024 5:55 AM EDT

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416 Mountainside DriveStowe, VT 05672MLS Number 5003709

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