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322 River Road

Newfane, VT 05345
  • $1,495,000
  • STATUS: Active
  • ON SITE: 782 Days
  • MLS #: 4773192
UPDATED: 42 min ago
$1,495,000
  • 0
    BEDS
  • 54.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,272
    SQFT
  • $161
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1860
County:
Area:

School Ratings & Info

Description

322 River Road and the Winchester Stables sit on one of the most beautiful sites in all of Vermont. The equestrian estate, comprised of a large farmhouse, apartment, barn, stables, riding rings, pastures and river frontage, lies in the scenic West River valley. The 1860 farmhouse with its great room, living room, family room, 9 bedrooms and 8 bathrooms along with the 42,376 square foot barn consisting of 48 stalls, a large indoor riding ring, a wash room, a tack room and a break room, offers a prime opportunity for an equestrian or farming oriented bed-and-breakfast. Additional features include outdoor riding rings, 30 paddocks, pasture, extensive river frontage and ponds. The 2 bedroom apartment makes perfect staff lodging. The stunning property is just outide Newfane Village, an historic New England district and county seat. It is only minutes from I-91. NOTE: The gross income in the financials reflects estimated room income only, no stables income. The operating expenses are based on the entire property. A recent Vermont Law allows easy permitting for agricultural tourism, which would apply to hospitality related to horses or farming. Information about agri-tourism is attached in Documents. The buildings do not lie in the flood zone. All of the details in the virtual tour are not accurate, as the property has been reduced in size. A 2021 tax appeal resulted in a reduction of the assessed value to $1,519,200 and a resultant reduction in taxes. Also listed as MLS #4772993.

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© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-10-18T07:05:37.72.
www.livingvermont.com/homes/98382154
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322 River Road Newfane, VT 05345

  • Price: $1,495,000
  • Status: Active
  • Updated: 42 min ago
  • MLS #: 4773192
0
Beds
0
Baths
0
½ Baths
54.2
Acres
9,272
SQFT
$161
$/SQFT
1860
Built
Neighborhood:
Newfane
County:
Windham
Area:
Newfane
Property Description
322 River Road and the Winchester Stables sit on one of the most beautiful sites in all of Vermont. The equestrian estate, comprised of a large farmhouse, apartment, barn, stables, riding rings, pastures and river frontage, lies in the scenic West River valley. The 1860 farmhouse with its great room, living room, family room, 9 bedrooms and 8 bathrooms along with the 42,376 square foot barn consisting of 48 stalls, a large indoor riding ring, a wash room, a tack room and a break room, offers a prime opportunity for an equestrian or farming oriented bed-and-breakfast. Additional features include outdoor riding rings, 30 paddocks, pasture, extensive river frontage and ponds. The 2 bedroom apartment makes perfect staff lodging. The stunning property is just outide Newfane Village, an historic New England district and county seat. It is only minutes from I-91. NOTE: The gross income in the financials reflects estimated room income only, no stables income. The operating expenses are based on the entire property. A recent Vermont Law allows easy permitting for agricultural tourism, which would apply to hospitality related to horses or farming. Information about agri-tourism is attached in Documents. The buildings do not lie in the flood zone. All of the details in the virtual tour are not accurate, as the property has been reduced in size. A 2021 tax appeal resulted in a reduction of the assessed value to $1,519,200 and a resultant reduction in taxes. Also listed as MLS #4772993.
Exterior Features

Construction Wood Frame Exterior ClapboardWood Lot Description AgriculturalCountry SettingFarmField/PastureLevelMountain ViewOpenRecreationalRiverRiver FrontageSlopingTrail/Near TrailViewWater ViewWooded Parking DrivewayOn-SiteOther Road Frontage Yes Road Frontage Length 2000 Roof Shingle - Asphalt Water Body Type River Water Frontage Length 4000

Interior Features

Basement Yes Basement Access Type Interior Basement Description Climate ControlledDaylightFinishedFullStairs - InteriorWalkoutInterior AccessExterior Access Equipment Co DetectorGenerator - StandbySmoke Detector Foundation Stone Heating BaseboardHot Water Sq Ft Total Building 9272 Sq Ft Total Source Public Records Total Elevators 1

Property Features

Accessibility Features 1st Floor 1/2 Bathroom1St Floor BedroomAccess Common Use AreasAccess Laundry No StepsAccess Mailboxes No StepsAccess ParkingAccess Restrooms Auction No Commercial Features Additional OutbuildingsElevator - PassengerSmoke/Heat Detectors Covenants Unknown Electric Circuit Breaker(S)Generator Electric Company Green Mountain Power Fuel Company Cota And Cota Gross Income 219000 Heat Fuel Oil Investment Info No Natural Gas Available No Net Income 172700 Pre Construction No Sale Includes Additional BuildingsBarn Seasonal No Sewer Septic Span Number 429-134-11424 Sub Property Type Hospitality Tax Gross Amount 34776.01 Tax Rate 2.2 Tax Year 2021 Taxes Tbd No Utilities Satellite Internet Vacancy Factor 50 Water Drilled Well Water Restrictions No Zoning Rural

Courtesy of Sally Fegley of Bhg Masiello Brattleboro.


© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-10-18T07:05:37.72.
 
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