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17-35 Cheney Ln, Morristown, VT, 05661

$550,000

0.45 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #5015036
Lot Size0.45 Acres
StatusActive

About 17-35 Cheney Ln

Prime 9-Unit Development Opportunity in Morrisville Village. Discover an exceptional investment in the heart of Morrisville! This fully permitted 9-unit development is ready for immediate construction, with detailed plans in place and a site that has been fully cleared and prepped for work to begin. Nestled in the charming village of Morrisville, this property offers both convenience and appeal. Key features include ample parking for residents and guests, ensuring hassle-free access. The prime location provides easy access to local amenities, shops, dining, and recreational activities, making it an attractive destination for future tenants. With permits secured and the site cleared and ready, you can break ground without delay. This is a unique opportunity to develop a standout property in a desirable and growing community. Inquire about the potential for a phase two of this property by acquiring the adjacent lot, approximately a half an acre and adding more units.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Carlson Real Estate
  • Office Phone: (802) 253-7358
  • Listing Agent: Smith Macdonald Group

Lot Features

Lot Information:

  • Lot Size: 0.45 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
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Housing Market Comparison

See how this home compares to others in Morristown, VT.

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Morristown, VT

City

Med. List Price

$499K

Med. Price/SqFt

$262

Avg. Days On Market

68

# of Sold Homes

3

17-35 Cheney Ln vs Morristown

32 DAYS ON ROCKET

-36 Days

$550,000

+$51K More

KEY TAKEAWAY

This property is $51K more than the Median List Price in Morristown, VT.

Based on homes listed in September 2024

MLS Details

MLS Information:

  • MLS Number: #5015036

Listing Office:

  • Office Name: Coldwell Banker Carlson Real Estate
  • Office Phone: (802) 253-7358
  • Listing Agent: Smith Macdonald Group

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/22/2024, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-543505
3
/10

  • Hyde Park Elementary School

  • 50 E Main St

  • 2.40 miles

  • Public District Grades PK-6

school-card-donut-543506
2
/10

  • Johnson Elementary School

  • 57 College Hl

  • 6.50 miles

  • Public District Grades PK-6

school-card-donut-543507
2
/10

  • Wolcott Elementary School

  • 320 School Hill Dr

  • 7.51 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,194. Residents of Morristown, VT typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Morristown, VT

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Morristown, VT?

Morristown offers a quaint housing market with a mix of traditional and contemporary styles. Single-family homes are prevalent, reflecting the town's rural charm and providing a sense of privacy and space. The housing options also include a selection of condominiums and apartments, accommodating a range of lifestyle needs. The architectural landscape is a blend of classic Vermont farmhouses, Cape Cods, and modern builds, with many properties featuring expansive yards and scenic views. The homeownership rate in Morristown is high, with a significant majority of residents owning their homes, while a smaller portion of the population opts for renting.

Is Morristown, VT a good place to live?

Morristown is celebrated for its small-town atmosphere and strong sense of community. The town prides itself on its natural beauty, with outdoor activities and green spaces being central to the local lifestyle. Seasonal events, such as fall festivals and farmers' markets, are integral to Morristown's cultural identity, bringing residents together and showcasing the area's agricultural heritage and local craftsmanship.

Are things conveniently located in Morristown, VT?

The community is served by a network of public services that cater to the needs of its residents. Educational opportunities are provided by several public schools, including elementary, middle, and high schools, as well as a few private educational institutions. Healthcare is accessible through local clinics and a nearby hospital that offers a range of services from emergency care to specialized treatments. Retail and dining options in Morristown reflect the local Vermont culture, with an emphasis on farm-to-table restaurants and artisanal shops. The town is proactive in enhancing services to meet the evolving needs of its residents.

What does the transportation in Morristown, VT look like?

Transportation in Morristown includes a combination of private and public options. The town features a network of roads that connect residents to nearby cities and attractions, with state highways facilitating travel to and from the area. Public transit services are available, providing connections to key locations within the town and beyond. The community is also bike-friendly, with certain areas offering safe and scenic routes for cyclists. While ride-sharing services are present, they complement the existing transportation infrastructure, offering additional mobility solutions for residents and visitors.

Frequently Asked Questions About 17-35 Cheney Ln

What is the listing price of this property?

The listing price of 17-35 Cheney Ln property is $550,000.

What type of property is this?

The property 17-35 Cheney Ln is land located in Morristown, Vermont, 05661.

Is this property for sale now?

Active Listing: 17-35 Cheney Ln is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 17-35 Cheney Ln is 0.45 acres.
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Rocket Homes›Vermont›Lamoille County›Morristown›05661›17-35 Cheney Ln

This home is located at 17-35 Cheney Ln in Morristown, VT and zip code 05661. This home sits on a 0.45 acre lot. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $550,000.

The inventory of homes for sale in Morristown, VT between August 2024 and September 2024 increased by 38.5%. The median list price of listings available in September 2024 was $499,000, while the average time on the real estate market was 68 days.

From Rocket Homes Real Estate and based on county public records data.

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