1460 Main Street, Waitsfield, VT 05673

$1,169,000 Asking Price

10 beds
11 baths
8,059  sqft
Built in 1859

Incredible opportunity to own a historic and profitable rental property in the quaint Mad River Valley. A short drive to iconic ski areas, incredible restaurants and all the recreational opportunities one could ask for. This app. 5,500 sq. foot former bed and breakfast facility boasts a strong recent track record as a vacation rental. There are 9 bedrooms, 8 full baths, 2 half baths to accommodate large family and group gatherings. Coupled with numerous sitting rooms, a large multi-purpose room upstairs and a fantastic dining room and kitchen. The facility oozes old-Vermont farmhouse charm, but has been retrofitted for energy efficiency with mini-split units in each bedroom, energy efficient insulation work has been completed, as well as updated HVAC and fireplace inserts. Solar power, parking for EV's and a wonderful outdoor garden space are all waiting your personal touch. There is an additional caretaker's cabin with 2 br, 2ba and a loft to compliment the larger facility. This caretaker cabin is currently leased to tenants who help manage the facility through July 2025. This is a solid investment for a family, or group of families who enjoy skiing, biking, great food and all the incredible opportunities that the Vermont lifestyle affords.


Features & Amenities

Interior

Basement:
Unfinished
A/C:
Mini Split
Heating:
Baseboard, Gas - LP/Bottle,Oil

Construction

Roofing:
Metal
General:
2, Block,Concrete,Stone

Location

Road/Access:
Public
County:
VT-Washington

Lot

Driveway:
Crushed Stone
Zoning:
Residential

Utilities

Utilities:
Cable - Available
Sewer:
Private,Septic

This listing courtesy of:
Flat Fee Real Estate, Matt Havers

About Waitsfield, VT

Housing

Number of Units
1,896
Median Home Value
$362,413
Median Rent
$965

23.67% of housing units are renter occupied.

31.82% are vacant.

Commute

Car
57.44%
Public Transportation
0.98%
Walk to Work
2.46%
Work from Home
37.59%
Other
1.31%

The median travel time to work is 16 minutes.

People

Population
2,854
Median Age
47.80
Median Household Size
2.22

Education

High School
14.48%
Associate’s Degree
9.75%
Bachelor’s Degree
32.71%
Graduate Degree
23.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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