429 Community Dr - Randolph
- ID: 2371
- Status: available
- Price: $815,000
- Acres: 13.00± acres
- Price Per Acre: $62,692
- Types: Business Opportunity, Lot, Commercial, Undeveloped Land, Residential Property, Recreational Land
- State: Vermont
- City: Randolph
- County: Orange
- ZIP Code: 05061
- Lat/Long: 43.89490417, -72.58466191
Description
High earning Airbnb investment village! These 5 lots
totaling 13 +/- acres, located in the beautiful mountains of South Randolph,
VT, just minutes from VT I-89. There are four lots, each with their own log
cabin park model home, a fifth lot with a fantastic Yurt and quant bath house.
Additionally, there is a second Yurt that can be moved by the purchaser to a
fully prepped area with water/sewer and power. One lot is over 6 acres and
includes an open grassy field, pond and garden area making for a wonderful
community Airbnb experience. Gross income for the development was (2023 -
$125,746 and 2024 – $116,914 and 2025 - $114,984). 2025was lower due to
renovations of a cabin (taken off-line and converted to Airbnb) and
installation of an additional Cabin. Based on past numbers, this should provide
a future yearly gross income of approx. $169,000. Future potential with three
additional bedrooms of unused septic capacity is already installed. The current
owner outsources his cleaning & communications, doing your own could
increase net by over 13K per year. There are two other lots available if you
wish to expand income opportunity or build your own home. The seller created
this small community and has been running it as rental and Airbnb income
property. He is ready to slow down in retirement and ready to travel but is
willing to teach new owners the ins and outs of the property. All current
state/town permits, surveyed, and utility drawings are available. Future owners
may sell these lots individually.
Additional Information
- Wildlife: Small Game,Turkey,Ducks,Whitetail Deer
- Recreation: Bird Watching,Fishing
- Improvements: Cabin,Pond,Well
- Dwelling Attributes: Cabin
