VT > Landgrove
Landgrove, VT 05148,132 Landgrove RD
Landgrove, VT 05148,132 Landgrove RD
Landgrove, VT 05148,132 Landgrove RD
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Listed by Brian Gehlich • RE/MAX Four Seasons • Cell: 917-538-5913
$2,099,000
Est. payment /mo
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23.7 Acres Lot
Price Dropped by $296K

132 Landgrove RD Landgrove, VT 05148

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Billy Abildgaard

Billy Abildgaard

+1(617) 315-0404

UPDATED:

10/10/2024 03:54 PM

Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5007077

Year Built 1810

Annual Tax Amount $23,137

Tax Year 2024

Lot Size 23.700 Acres

Acres 23.7

Property Description

The Landgrove Inn and InView Center for the Arts is an historic, quintessential, full service country Inn set in the picturesque town of Landgrove, surrounded by the majestic Green Mountains. With over 23 acres which include the Inn, Restaurant and Tavern, Arts Center buidling, beautiful pond, and inground pool, there are numerous opportunities. Within minutes of Okemo, Bromely, Stratton and Magic ski areas as well as local cross country skiing. Summer draws guests for the beautifully lanscaped property with pool, pond, pickleball court and proximity to the Weston Theater Company and numerous lakes. The InView Center for the Arts draws over 35 groups per year with up to 15 rooms, for 5 nights with 3 meals daily, providing tremendous base business. The Arts Center building is key to this revenue stream and with over 1800 sq ft, it has potential for numerous other uses. The Inn offers 16 rooms and suites and owners quarters consisting of 3 rooms. The property has been well cared for by the current owner for over 21 years and they have increased revenues streams while reinvesting in the business including the addition of the Arts center building in 2009, new generator in 2023 and replacing the roof on half the Inn in 2022. A country gem with a solid group base revenue stream and so much potential for additional revenue growth.

Location

State VT

County Vt-bennington

Area Vt-Bennington

Zoning Res-Grandfathered

Body of Water Brook/Stream

Rooms

Basement Entrance Interior

Basement Concrete Floor, Dirt Floor, Full, Partially Finished, Stairs - Interior, Sump Pump

Interior

Heating Electric, Gas - LP/Bottle, Multi Fuel, Oil, Pellet

Cooling Multi Zone, Wall AC Units, Mini Split

Inclusions Additional Buildings, Equipment, Inventory, Land/Building/Business, Outbuilding

Exterior

Garage Driveway, Parking Spaces 21+

Garage Description Driveway, Parking Spaces 21+

Utilities Available Gas - LP/Bottle, Satellite, Telephone At Site

Waterfront Yes

Water Access Desc Yes

Roof Type Metal,Shingle - Asphalt

Building

Sewer 1500+ Gallon, Leach Field - Existing, On-Site Septic Exists, Septic

PrimeMLS

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Billy Abildgaard

Broker | License ID: 9571935

+1(617) 315-0404

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132 Landgrove RD