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Thomas Ferraro

thomasfrealtor@gmail.com +1(774) 254-7538

Listed by Brittany Roy • KW Vermont • Cell: 802-279-0457

$ 260,000

Est. payment | -/mo

2 Beds

1 Bath

1,348 SqFt

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$ 260,000

Est. payment | -/mo

Save

2 Beds

1 Bath

1,348 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,348 sqft

Price per Sqft $192

MLS Listing ID 5084375

Style Ranch

Bedrooms 2

Full Baths 1

Construction Status Existing

Year Built 1962

Annual Tax Amount $5,417

Tax Year 2025

Lot Size 1.460 Acres

Acres 1.46

Property Sub-Type Single Family

Property Description

Unlock the potential of this unique 1.46-acre property offering a rare blend of development opportunity and natural beauty. The existing 2-bedroom, 1-bath home requires significant rehabilitation or possible tear-down, making this an ideal project for builder-investors or those looking to create a custom residence with multifamily and/or commercial potential. Rich in history, the property was formerly owned by Ned Davis, the first and only Vermont florist to be accredited by the American Institute of Floral Designers—the industry's most prestigious organization with approximately 1,100 members worldwide—and recognized as a Certified Floral Designer. Also located on the property is the former Vermont Academy of Floral Design School, which, while in need of repair, presents incredible potential for redevelopment. Zoned to allow one single-family primary residence along with multifamily use, this property offers flexibility for future plans. With appropriate conditional use approval, the former school building could be converted into a multifamily property, such as two or three apartments. A buyer may also choose to remove the existing home and construct a new primary residence, while repurposing the additional structure or exploring the potential for an accessory dwelling unit. Land coverage is limited to 20%, with no restriction on bedroom count. Beyond its development appeal, the land itself is truly special. In the spring and summer months, it transforms into a storybook setting with a pond filled with lily pads, surrounded by lush gardens featuring hydrangeas, irises, lupines, and crocosmia (AKA Lucifer). A weeping larch tree, creeping myrtle-lined woodland path, and views of Camel's Hump complete this magical oasis. A compelling opportunity for those seeking a project with both vision and value

Location

State VT

County Vt-washington

Area Vt-Washington

Zoning Residential/Commercial

Interior

Heating Propane, Other

Cooling None

Flooring Carpet, Wood

Exterior

Parking Features Yes

Garage Spaces 2.0

Utilities Available Cable Available, Other

Roof Type Shingle

Building

Lot Description Country Setting, Landscaped, Level, Mountain View, Pond, Wooded, Near Paths, Neighborhood

Story 1

Sewer Private, Septic

Water Public

Architectural Style Ranch

Construction Status Existing

Schools

Elementary Schools Brookside Elementary School

Middle Schools Crossett Brook Middle School

High Schools Harwood Union High School

School District Washington West

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(774) 254-7538

thomasfrealtor@gmail.com

Manchester, NH

205 Loomis Hill RD Waterbury, VT 05677

Thomas Ferraro

Key Details

Location

Interior

Exterior

Building

Schools

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205 Loomis Hill RD