Lot 5 Summit View DR #5 Stowe, VT 05672-0000

LAST LOT AVAILABLE in desirable "The Birches" development. This lot was the first ever sold in this development but the current owners have had a life change and are desiring to sell. The development is home to three current residences and rest of 8 lots are sold. The average price of homes already built is about $900,000. There is a requirement that a home be at least 2,000 sq. ft. Development enjoys Town of Stowe Water/Sewer & Electric, all curbside. The Seller has paid the fee required by the Town of Stowe to confirm their ABILITY TO SERVE, about $9700.00 BUT buyer will be required to pay the hook up fee which is assessed per bedroom. This lot is permitted for a 4 BR home. HOA has recently been formed to manage winter & summer road maintenance, maintenance of roadside landscaping and management and permit up dating of Storm Water control systems. The annual fee is to be determined.