51 Rainy View Lane, Essex, VT 05452
VT-Chittenden County
Key Facts
Description
Developers and Investors take note—this exceptional 27.7-acre parcel in scenic Essex offers breathtaking views of Mount Mansfield, with the potential for views of Camel’s Hump and Bolton Mountain with selective clearing. The property presents a unique development opportunity, allowing for three single-family homes and two duplex building envelopes, accommodating up to seven total units along with beautiful common land. The proposed concept would be a Planned Unit Development (PUD) featuring common land and community septic. A wastewater permit is already in place. Each residence will have their own drilled well. The land itself is truly special, showcasing a blend of open meadows and wooded areas, with a portion bordering Alder Brook and enhanced with mature flowering trees. Enjoy a peaceful country setting just minutes from shopping, dining, schools, and everyday amenities.
Property Information
Property Type
Land
Lot Size
27.70 acres
Zoning
Residential
MLS® Listing#
5075312
Property Features
Interior
Lot Features
Utilities
Sewer
Water Source
Schools
- Elementary:
- Essex Elementary School
- Middle:
- Essex Middle School
- High:
- Essex High
Directions
Formerly 137 Towers Road. Heading east on route 15 to Essex Center, left onto Old Stage Road, right onto Towers Road, future Rainy View Lane on left, see sign.
Affordability Calculator
$109,000
Estimated monthly payment
$2,901/mo
Principal $436,000 · Est. interest $608,259 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Essex, VT
- $473,913
- Median Listing Price
- 68
- Median Days on Market
- 1,840
- Median Sq Ft
- $269
- Median Price / Sq Ft
- 75
- Active Listings
- This home’s price is 15% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Essex, VT.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 16 Joseph Lane, Essex, VT | $399,000 | 2 | 4 | 1,523 |
| 18 Margaret Street, Essex, VT | $419,000 | 2 | 2 | 1,908 |
| 19 Irene Avenue, Essex, VT | $425,000 | 2 | 3 | 1,728 |
| 3 Cypress Lane, Essex, VT | $435,000 | 3 | 1 | 1,445 |
| 162 West Street 1, Essex Junction, VT | $439,000 | 2 | 2 | 1,320 |
| 19 Marion Avenue, Essex, VT | $439,000 | 2 | 3 | 1,837 |