88-96 Swanton RoadSt. Albans Town, VT 05478Price: $1,200,000

Introducing Greenfield Way, a residential development opportunity consisting of a town-approved 10-lot subdivision with nine triplex lots totaling 27 residential units, and one open-space lot encompassing approximately 38 additional acres offering potential for future development. The nine residential lots comprise approximately 3.75 acres, providing an opportunity for builders and developers to bring new housing to the St. Albans area. With significant planning work completed and town approval obtained, this project offers a valuable head start toward development. Additional local and state permitting is underway, with the sellers anticipating the property will be substantially permitted prior to closing. Remaining permitting and development requirements are at various stages of completion, with supporting documentation available for review. The additional acreage presents a long-term opportunity, with portions potentially suitable for future development, subject to wetlands considerations, feasibility studies, and applicable regulatory approvals. Whether you're an established developer or builder looking to expand your residential portfolio, Greenfield Way offers a combination of planned residential development, additional acreage, and a desirable Franklin County location.