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About This Home

This 5-bedroom, 5-bathroom residential multi family at 429 Community Drive in Randolph, VT is listed for $815,000 ($421 per sqft). Built in 2019, the home offers 1,936 sqft of living space on a 13.00 acres lot.

Agent Description

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.

Key Features

  • Built in 2019
  • 13.00 acre lot

Property Details

1 story
5 full
#7, 8, 9, 10, 11
2019

Monthly Cost Estimate

$4,359/mo

20% down · 6.5% · 30 years

Principal$589
Interest$3,532
Insurance$238

Estimates only. Actual payments may vary.

Location

429 Community Drive

Randolph, VT 05061

Property Details

Flooring

Wood

Heating

Natural Gas

Cooling

Zoned

Appliances

RangeRefrigerator

Questions & Answers

This 5-bedroom, 5-bathroom residential multi family at 429 Community Drive is listed at $815,000 ($421/sqft). The estimated monthly payment is $3,532 based on 20% down at 6.5% interest.

Key features include: Built in 2019, 13.00 acre lot.

This property is listed by Curtis Trousdale and can be reached at 8022335589 or curtis@preferredpropertiesvt.com.

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Curtis Trousdale

Agent at Preferred Properties

(802) 233-5589

Listed by Preferred Properties · View on Broker Site

MLS# 5051655· Source: listhub· Updated 269 days ago

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429 Community Drive, Randolph, VT 05061

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