New

$1,850,000

For Sale

7 days ago

32 Parsons Ave, Saint Albans, VT

Name: 32 Parsons Ave, For Sale in Saint Albans - eXp Realty
Brand: Signature Properties of Vermont
SKU: 5104158
Price: 1850000 USD

House

MLS® 5104158

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type

Levels Land

Size -

Garage

Taxes $2,575

Days Active 6

Lot Size 12.9 Acres

Approx. Age

MLS® Number 5104158

Property Address: 32 Parsons Ave, Saint Albans, VT, 05478-5136

Average square foot calculated using Size range provided by listing agent.

Description

Rare 56-Unit Development Opportunity in St. Albans! An exceptional offering for investors, builders and developers seeking a sizable, Town-approved project in one of Northwest Vermont’s growing communities. Alton’s Landing is currently approved for 56 residential units, offering the ability to advance a substantial development while preserving compelling longer-term possibilities. The approved concept consists of 14 four-unit townhouse buildings each thoughtfully designed, featuring 3 bedrooms, 2.5 baths, approximately 1, 244 SF of finished living space, an attached one-car garage and unfinished basement. An attractive configuration for individual resale or a long-term rental portfolio. A significant development advantage is the availability of municipal water and sewer, along with natural gas located directly at the road. Access to these key utilities is a substantial benefit for a project of this scale and enhances both development feasibility and future residential desirability. For those seeking to maximize the property’s potential, preliminary concepts indicate the site may accommodate approximately 80 units, subject to redesign, municipal review and all required approvals. This creates exceptional flexibility: build and sell the approved units, retain the community as a substantial rental portfolio, pursue a combination of strategies, or explore a new development vision. During the entitlement process, the Town Manager also expressed interest in potentially exploring the CHIP program for possible roadway and pedestrian-access improvements, which could potentially offset certain infrastructure costs if available and applicable. Buyers should independently investigate eligibility, funding and requirements. Conveniently located minutes from I-89, Collins Perley Sports & Fitness Center, downtown St. Albans, shopping, dining and recreation. Few opportunities combine this level of approvals, scale, utility infrastructure, flexibility and future potential!

MLS® Number5104158

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 10, 2026List Date

$1,850,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker