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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1 Falls Brook Rd , Killington, VT 05751
$12,700,000
Est. Payment: $28,222.22/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 7
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House Description

The magic ingredient for successful ski development is a trailside location. Killington’s Cherry Knoll may be the last opportunity to acquire 256 acres of land with ski-on, ski-off access from the Sunrise Triple Chair, located directly on the property and serving as the gateway to Bear Mountain and 75 miles of ski trails at "The Beast of the East." The Phase 1 & 2 permitting process is complete, and the site is ‘shovel-ready’ for 27 residential units, with road infrastructure under construction to the incredible custom-building sites, offering spectacular views of the ski trails cascading down from Bear Mountain and Skye Peak. In addition, an incomparable 210 acres are available for future development. With the momentum of the Town’s Killington Forward movement behind it, Cherry Knoll is positioned for a new owner to build, generate revenue, and realize their dream. Killington is entering an exciting new era. New local ownership has brought energy and a commitment to delivering a world-class ski experience. Canada's Great Gulf Corporation is committing a massive $3 billion investment in Vermont's future, building the long-awaited ski village and creating affordable housing for the community. Cherry Knoll sits at the heart of it all in the Ski Village District surrounding Bear Mountain. But it’s far more than a ski property. It’s the ticket to year-round adventure in the adjoining 17,000 acres of protected wilderness in the Coolidge State Forest. The Magic is there—the only thing missing is your Imagination!

Highlights

Listed by Laird Bradley , 802-457-2000 Williamson Group Sothebys Intl. Realty , 802-457-2000.

Property Type

Vacant Land

Lot/Acreage
256.29

County

Rutland

School District

Mountain Views Supervisory Union

Listing ID

5108270

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Abuts Conservation,Adjoins St/Nat'l Forest,Near Skiing,Near Snowmobile Trails,Country Setting,Horse/Animal Farm,Mountain View,Secluded,Ski Area,Ski Trailside,Trail/Near Trail,View,Walking Trails
Zoning:Ski Village District
Sewer:On-Site Septic Needed
Principal Interest
$28,222
Taxes
$828

Home Price

$12,700,000

Loan Details

30 yrs
%

Down Payment

20%
$2,540,000
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Monthly Price:
$28,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $28,222.22 $827.95 $0.00 $29,050.17
Yearly $338,666.67 $9,935.34 $0.00 $348,602.01
Total $10,160,000.00 $298,060.20 $0.00 $10,458,060.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Killington, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.