$2,950,000
Active
46 Days Online
4 Beds5 Baths4,004 SQFT
Active

416 Mountainside Drive Stowe, VT 05672

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Own a 2-unit alpine condominium enclave on 1.1 acres of land 5 miles from the ski lifts and walking distance into downtown, with uncommon views and amenities…that pays for itself. This is a gateway to a lifestyle that is itself an income producing investment opportunity. You can immerse yourself in the adventures, amenities, and services that the heart of Stowe offers, while generating cash flow with an appreciating asset. Pro Forma projections attached show that you can offset expenses and mortgage costs, get a current return on your cash down payment, and have plenty of time to use the property yourself. The photo gallery tells the rest of the story (which, in many ways, is also the point to purchasing this unique, self-contained personal resort): two 2-bedroom units, each with a third room variously used and a full kitchen/dining/great room; Unit 1 has 2 and ½ bathrooms, Unit 2 has 2 full bathrooms; a separate, glass walled fitness studio filled with equipment, long views, and a cedar climbing wall with wooden hand holds; separate cedar sauna building with glass wall for long views (see pictures); outdoor spas with long view; landscape described like a park. And, private. You can only judge by being there. Each unit’s interior and exterior spaces and the fitness studio are wired for Sonos; you create a separate ambiance for each space.

  • Property TypeCondo
  • NeighborhoodN/A
  • CountyN/A
  • Taxes$32,945
  • HOA/Condo/Coop Fees$0
  • Days on Site46 Days
  • MLS StatusActive
  • MLS ID Number5003709
  • Home Size Source Public Records
  • Year Built2009
  • Lot Size1.1 Acres
  • Full Baths2
  • Partial Baths3

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General Features

  • Style Contemporary
  • Construction Clapboard
  • Sewer Septic Tank
  • Number of Stories 2
  • Acreage 1.1
  • Water Public
  • Property Sub Type Condominium
  • Garage Spaces 2
  • Attached Garage No
  • Zoning MRV

Interior Features

  • Cooling Central A CMini Split
  • Heating Gas - L P/ BottleRadiant FloorMini Split
  • Appliances DishwasherDisposalDryerRange HoodMini FridgeRange - GasRefrigeratorWasherWater Heater - OwnedExhaust Fan
  • Flooring Ceramic TileHardwood
  • Interior Fireplace - GasFireplaces - 2

Exterior Features

  • Roof Asphalt
  • Exterior DeckHot TubOutbuilding
  • Lot CornerLandscapedMountain View

Community Features

  • Association Amenities Exercise FacilityLandscapingCommon AcreageHot TubSauna
  • MLS Area VT-Lamoille

Schools

School District
Stowe School District
Elementary School
Stowe Elementary School
Middle School
Stowe Middle/High School
High School
Stowe Middle/High School

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Monthly Payment (Est.)

$14,332
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