202 Old Route 4 RouteKillington, VT 05751Price: $950,000

Rare opportunity to acquire a 6.9-acre development parcel in Killington, Vermont, ideally situated near the base of the Killington Road. Recently included within Vermont's Tier 1B designation, this commercially zoned property offers exciting development potential in one of New England's premier four-season resort destinations. The property features approximately 400 feet of Old Route 4 frontage, two curb cuts, excellent accessibility and visibility, and beautiful elevated views overlooking the Route 100 valley. The owner has completed substantial preliminary site work, including road construction and site improvements, flagged property boundaries, and a preliminary site sketch. Additionally, preliminary engineering and development concepts have been prepared incorporating two 10-bedroom-equivalent wastewater mound systems. A Vermont state wastewater permit for the proposed systems is currently in process, subject to applicable approvals. The property's inclusion within Vermont's Tier 1B designation is another significant consideration for prospective developers. Under the new designation, qualifying residential projects of up to 50 housing units on properties of 10 acres or less may be exempt from Act 250 review, potentially offering a meaningful advantage for residential development. Buyers may also wish to explore the possibility of connecting to municipal sewer as an alternative to the proposed mound systems, potentially providing additional flexibility and expanded development opportunities. With Commercial Residential zoning, utilities available along Route 4, and preliminary engineering and site improvements already completed, this property provides an excellent starting point for exploring a variety of development concepts. Whether considering residential, hospitality, commercial, or mixed-use possibilities, the opportunity to capitalize on Killington's continued growth and investment is compelling.