Development Land on Lake Champlain with huge upside potential!
28 plus acre parcel includes a lakeside parcel. Lakeside parcel gives the 28 acre parcel lake access and views. An 8 acre parcel can be carved out on Cemetery Rd with 398 ft of road frontage for $118,000. 28 acre parcel has 1875+ road frontage on a corner. The lakefront parcel is approximately 90? x70?. Land is flat and according to NYS DEC, NYS Fish and Wildlife and the APA it does not have any wetlands. One of the very few remaining large undeveloped land parcels on Lake Champlain. LS-Lake Shore Zoning makes this parcel ideal for residential development as single and two families are permitted without any special permits. With special permit there are permitted uses of campgrounds, marinas, travel trailers,restaurants,convenience stores, condos, and more. Site could be made into approximately 40 single family lots. Per Town Zoning Residential Single Family Lots must be a minimum of 20,000 sq ft with 150 ft of road frontage (Minimum size is 150? by 133?). 40? front set back and 2-30? setback on sides and rear. Subject property is close to several new houses, successful marinas, campsites, public boat launch and much more. Only 10 minutes from shopping, golf courses, airports. 1 hour from Montreal Canada and Burlington Vt. Owner Financing is possible. Break even almost immediately by selling the lakeside/roadside lots and then more than double your money by selling the remaining land. Reduced to $459,000. Previously Asking $495,000. Make an Offer!! Sellers are Motivated!!