DEVELOPERS AND INVESTORS TAKE NOTICE! Situated on 127 acres at the foot of Okemo Mountain Resort with direct access to South Face Village, this remarkable development opportunity holds endless possibilities. Featuring breathtaking views in every direction, sprawling meadows, & established trails cut throughout the wooded forest, it is an opportunity that brings a plethora of options for future development. Its unique potential spans from crafting a luxurious single-family enclave to developing a vibrant ski neighborhood of condos & townhouses, or even establishing commercial hotels catering to winter enthusiasts flocking to Vail owned Okemo. Minutes from downtown Ludlow, future residents will relish the convenience & easy access, merging the beautiful Vermont lifestyle the land provides to the opulence of high-end ski resort proximity. The acreage also provides direct access to the VAST Trail, incorporating all the outdoor activities one could ask for from cross country skiing to ATV adventures & everything in between. With an updated 5 bedroom, 2 bathroom farmhouse already on site with accompanying barn, the options continue to grow as occupying the home as you build your dream residence elsewhere on site is well within the realm of possibility. With extensive planning, research, engineering, & appraisals already complete & awaiting your review, you won't want to miss this once-in-a-lifetime opportunity. Reach out today and dive deeper into this spectacular opportunity.
Property Details
Property Features
Listing Office:
Office Name: KW Vermont
Office Phone: (802) 654-8500
Listing Agent: Livian Vermont
Lot Features
Lot Information:
Lot Size: 127.00 Acres
School Info
Assigned Schools Information:
Black River Unified School District #39, Public District Grades 7-12
Ludlow Elementary School, Public District Grades PK-6
Other
Directions Information:
Directions: Head south on Route 100 south/Andover street, go a half mile, turn right onto Pallottas Hill property at the top.
Price Information
Listing Price Info
Price Summary:
List Price: $8,495,900
Tax Information:
Annual Amount: $14,733
Tax Year: 2019
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 7:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
-
$750,400
2019
$14,733
$750,400
2018
$14,608
$750,400
2017
$14,029
$750,400
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$42.4K
Per Month
Principal & Interest
$42.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$25.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Ludlow Elementary School
45 Main St
Distance between this listing and this school1.36 miles
Public District Grades PK-6
High School
7
/10
Black River Unified School District #39
43 Main St
Distance between this listing and this school1.42 miles
Public District Grades 7-12
Assigned Schools
6
/10
Ludlow Elementary School
45 Main St
Distance between this listing and this school1.36 miles
Public District Grades PK-6
Nearby Schools
4
/10
Chester-Andover Unified School District #29
72 Main St
Distance between this listing and this school10.35 miles
Public District Grades PK-6
6
/10
Albert Bridge School (West Windsor)
108 Brownsville Hartland Rd
Distance between this listing and this school12.50 miles
Public District Grades PK-6
Nearby Schools
6
/10
Flood Brook Unified School District #301
91 Vt Route 11
Distance between this listing and this school12.41 miles
Public District Grades PK-8
2
/10
Riverside School
13 Fairground Rd
Distance between this listing and this school12.44 miles
Public District Grades 6-8
7
/10
Weathersfield School
1355 Schoolhouse Rd
Distance between this listing and this school15.32 miles
Public District Grades PK-8
Assigned Schools
7
/10
Black River Unified School District #39
43 Main St
Distance between this listing and this school1.42 miles
Public District Grades 7-12
Nearby Schools
7
/10
Green Mountain Uhsd #35
716 Vt Route 103 S
Distance between this listing and this school11.38 miles
Public District Grades 7-12
2
/10
Springfield High School
303 South St
Distance between this listing and this school13.92 miles
The neighbors living near this home have an average income of $50,543. Typical income of Windsor County, VT residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 85 Pallottas Hill Rd
What is the listing price of this property?
The listing price of 85 Pallottas Hill Rd property is $8,495,900.
What type of property is this?
The property 85 Pallottas Hill Rd is land located in Ludlow, Vermont, 05149.
Is this property for sale now?
Active Listing: 85 Pallottas Hill Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 85 Pallottas Hill Rd are: Ludlow Elementary School: GreatSchools Rating 6/10Black River Unified School District #39: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $14,733 (source: MLS/based on county public records data).
How much acreage is this property?
The property 85 Pallottas Hill Rd is 127.00 acres.
Interested in 85 Pallottas Hill Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 85 Pallottas Hill Rd in Ludlow, VT and zip code 05149. This home sits on a 127.00 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $8,495,900.
In March 2024 more than 9 listings in Windsor County, VT were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 32 were sold below. Between February 2024 and March 2024, Windsor County, VT real estate market has seen decrease in the number of listings by 3.7%.
From Rocket Homes Real Estate and based on county public records data.