88-96 Swanton RoadSt. Albans Town, VT 05478Price: $1,200,000

Introducing Greenfield Way, a substantially permitted residential development opportunity consisting of a 10-lot subdivision with nine triplex lots totaling 27 residential units, and one open-space lot encompassing approximately 38 additional acres offering potential for future development. The nine residential lots comprise approximately 3.75 acres, providing an opportunity for builders and developers to bring much-needed housing to the growing St. Albans area. With significant planning and permitting work already completed, this project offers a valuable head start toward development. The additional acreage presents an intriguing long-term opportunity, with portions potentially suitable for future development, subject to wetlands considerations, feasibility studies, and applicable regulatory approvals. Water and wastewater permits have been obtained, with additional permitting and development requirements at various stages of completion. Supporting documentation is available for review. Whether you're an established developer or builder looking to expand your residential portfolio, Greenfield Way offers a unique combination of defined development potential, substantial permitting progress, and additional land in a desirable Franklin County location.