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507 Benson Road, Manchester, VT, 05255 | $4,975,000
Rustic simplicity. Luxury retreat. Complete privacy and surrounded by National Forest. Green Mountain Resort at Boorn Brook Farm in Manchester Center is shovel ready. All town zoning and Vermont State Act 250 permits are in place, along with all other required environmental and state approvals, for developing a 46-cabin, four-season retreat on 53+acres. With big views of Mt. Equinox and the Taconic Range and sited at the end of Benson Road, Green Mountain Resort at Boorn Brook Farm is within the Rural Agricultural zoning district, with a portion in the Forest Conservation zoning district. Just 2 miles from the center of Manchester, the property is bordered to the north by Bourn Brook and surrounded on the east, south, and west by the Green Mountain National Forest and Lye Brook Wilderness. Included in the sale are a C. 1790 farmhouse and C. 1820 barn, which have been extensively renovated, trout pond, meadows, woodlands threaded with trails and tennis/pickle ball court. Refer to the residential listing for more information. A significant amount of the required infrastructure and project components are already in place. Envisioned as an eco-friendly, experiential retreat, the project aims to provide guests with an opportunity to connect with nature and the community through immersive and educational experiences. Green Mountain Resort at Boorn Brook Farm is also perfect for hosting weddings, corporate retreats, cultural events, and business conferences.
Features
- Property Type: Development,Hospitality,Investment,Opportunity
- Construction: Clapboard Exterior
- Parking: Driveway,Garage,On-Site,Parking Spaces 21+
- Heating: Baseboard,Radiant
- Cooling: Central AC
- Units: 3
- Zoning: RA
- Frontage: 1071
- Year Built: 1890
- Approx Sq. Feet: 5,445
- Acreage: 53
- Est. Taxes: $35,880
- MLS#: 5011616
- Website: https://www.raveis.com
/prop/5011616/507bensonroad_manchester_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/15/2024Listing courtesy of LandVest, Inc/Woodstock Phone: 802-457-4977
Listing Agent: T Story Jenks
William Raveis Family of Services
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052
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Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
507 Benson Road, Manchester, VT, 05255
$4,975,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,980,000 | $3,980,000 | $3,980,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
| Monthly Tax Payment | $2,990 | $2,990 | $2,990 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $22,598 | $24,506 | $33,050 |
| Total Monthly Payment | $25,713 | $27,621 | $36,165 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484