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429 Community Drive,
Randolph

1936 Sqft / 13 Acres / Multi-Family
Listing Courtesy of: Preferred Properties - Listing Agent: Curtis Trousdale - Office: 802-862-9106

For Sale

$815,000

MLS #:

 5051655

Address
429 Community Drive, Randolph, VT 05061
Status
For Sale
List Date
07-15-2025
List Price
$815,000
Property Type
Multi-Family
Taxes
$11767
Building Area Total
1936 sq ft
Year Built
date 2019
Lot Size
13 Acres
Listing Firm
Preferred Properties
Gross Income
$169,000
Net Income
$128,000
Unit One Rental Amount
$38,743
Unit Two Rental Amount
$32,760
Unit Three Rental Amount
$38,000

About this Property

High earning Airbnb investment village! These 5 lots totaling 13 +/- acres, located in the beautiful mountains of South Randolph, VT, just minutes from VT I-89. There are four lots, each with their own log cabin park model home, a fifth lot with a fantastic Yurt and quant bath house. Additionally, there is a second Yurt that can be moved by the purchaser to a fully prepped area with water/sewer and power. One lot is over 6 acres and includes an open grassy field, pond and garden area making for a wonderful community Airbnb experience. Gross income for the development was (2023 – $125,746 and 2024 – $116,914 and 2025 – $114,984). 2025 was lower due to renovations of a cabin (taken off-line and converted to Airbnb) and installation of an additional Cabin. Based on past numbers, this should provide a future yearly gross income of approx. $169,000. Future potential with three additional bedrooms of unused septic capacity is already installed. The current owner outsources his cleaning & communications, doing your own could increase net by over 13K per year. There are two other lots available if you wish to expand income opportunity or build your own home. The seller created this small community and has been running it as rental and Airbnb income property. He is ready to slow down in retirement and ready to travel but is willing to teach new owners the ins and outs of the property. All current state/town permits, surveyed, and utility drawings are available. Future owners may sell these lots individually.

Property Details

  • MLS #5051655
  • Year Built2019
  • CountyVT-Orange
  • Property TypeMulti-Family
  • Listing Courtesy ofPreferred Properties
  • Days on Market267
  • Listing AgentsCurtis Trousdale

Interior Features

  • AppliancesWater Heater

Exterior Features

  • Lot/Land DescriptionAlternative Lots Avail; Country Setting; Field/Pasture; Mountain View; Pond; Pond Frontage; Rental Complex; River Frontage; Abuts Conservation
  • Flood ZoneNo
  • Frontage TypeNo
  • DrivewayCommon/Shared; Gravel
  • Roof MaterialsMetal,Other

Building Construction

  • Above Grade Area1936 sq ft
  • Stories1
  • Architectural StyleCabin,Yurt
  • New ConstructionNo
  • SeasonalNo
  • BasementNo
  • Construction MaterialsVinyl Exterior; Wood Exterior

Schools

  • School DistrictOrange Southwest
  • Elementary SchoolRandolph Elementary School
  • Middle SchoolRandolph School UHSD #2
  • High SchoolRandolph UHSD #2

Utilities

  • Tax ID507-159-12604 (part of)
  • HeatingGas Stove,Mini Split
  • CoolingMini Split
  • ElectricOn-Site
  • Water SourceCommunity; Spring
  • SewerLeach Field,Private
  • Available UtilitiesPropane,Other

HOA Information

  • No HOA Information to display for this property.
  • Monthly DuesIncludes

Property on Map

Mortgage Calculator

30 Years Fixed, 3.5% Interest
  • Principle and Interest
  • Property Taxes $11,767

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