322 River RoadNewfane, VT 05345MLS Number 4773192

Price: $1,495,000The price has recently decreased
398 Days on Market

Price	Down Payment	Interest Rate	Years
		%

Est. Mortgage: $/month

Federal 30-year interest rate: 2.9% last updated on 2020-09-24

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

322 River Road and the Winchester Stables sit on one of the most beautiful sites in all of Vermont. The equestrian estate, comprised of a large farmhouse, apartment, barn, stables, riding rings, pastures and river frontage, lies in the scenic West River valley. The 1860 farmhouse with its great room, living room, family room, 9 bedrooms and 10 bathrooms along with the 42,376 square foot barn consisting of 48 stalls, a large indoor riding ring, a wash room, a tack room and a break room, offers a prime opportunity for an equestrian or farming oriented bed-and-breakfast. Additional features include outdoor riding rings, 30 paddocks, pasture, extensive river frontage and ponds. The 2 bedroom apartment makes perfect lodging for staff. The stunning property is just outide Newfane Village, an historic New England district and county seat. It is only minutes from I-91. NOTE: The gross income in the financials reflects estimated room income only, no stables income. The operating expenses are based on the entire property. A recent Vermont Law allows easy permitting for agricultural tourism, which would apply to hospitality related to horses or farming. The buildings do not lie in the flood zone. All of the details in the virtual tour are not accurate, as the property has been reduced in size. Also listed as MLS #4772993.

More Info

Basic Information

Virtual TourView Tour
StatusACT
Modification Date09/27/2020
TypeHospitality
List Price$1,495,000
Broker NameBHG Masiello Brattleboro
Listing Agent NameSally Fegley
Lister Office NameBHG Masiello Brattleboro
MLS Number4773192
MLS StatusActive

Legal

Taxes$46,161
Price/SF$161
NOI172700
Sale IncludesAdditional Buildings, Barn
ZoningRural

Location

Building Number322
StreetRiver Road
TownNewfane
StateVT
Zip05345
CountyWindham

Property

Acreage54.2
Parking Spaces
Property TypeCommercial Sale
Lot Sqft2,360,952
Road Frontage2000

Utilities

FuelOil
Heating CoolingBaseboard, Hot Water

Other

View Count76

Building

Year Built1860
Vacancy50
ConstructionWood Frame
FoundationStone
Square Feet9,272
Available Sqft9,272
BasementClimate Controlled, Daylight, Exterior Access, Finished, Full, Interior Access, Stairs - Interior, Walkout
Garage Spaces

Exterior

ExteriorClapboard, Wood
RoofShingle - Asphalt

Amenities

Accessibility Amenities1st Floor 1/2 Bathroom,1st Floor Bedroom, Access Common Use Areas, Access Laundry No Steps, Access Mailboxes No Steps, Access Parking, Access Restrooms

Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 September 27, 2020.

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Your Questions & Comments I found a listing on "Chimney Hill Real Estate" which you may be interested in:

322 River RoadNewfane, VT 05345MLS Number 4773192

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