205 Loomis Hill Road,Waterbury, VT 05677
Waterbury, VT 05677
Description
Unlock the potential of this unique 1.46-acre property offering a rare blend of development opportunity and natural beauty. The existing 2-bedroom, 1-bath home requires significant rehabilitation or possible tear-down, making this an ideal project for builder-investors or those looking to create a custom residence with multifamily and/or commercial potential.Rich in history, the property was formerly owned by Ned Davis, the first and only Vermont florist to be accredited by the American Institute of Floral Designers - the industry's most prestigious organization with approximately 1,100 members worldwide - and recognized as a Certified Floral Designer. Also located on the property is the former Vermont Academy of Floral Design School, which, while in need of repair, presents incredible potential for redevelopment. Zoned to allow one single-family primary residence along with multifamily use, this property offers flexibility for future plans. With appropriate conditional use approval, the former school building could be converted into a multifamily property, such as two or three apartments. A buyer may also choose to remove the existing home and construct a new primary residence, while repurposing the additional structure or exploring the potential for an accessory dwelling unit. Land coverage is limited to 20%, with no restriction on bedroom count. Beyond its development appeal, the land itself is truly special. In the spring and summer months, it transforms into a storybook setting with a pond filled with lily pads, surrounded by lush gardens featuring hydrangeas, irises, lupines, and crocosmia (AKA Lucifer). A weeping larch tree, creeping myrtle-lined woodland path, and views of Camel's Hump complete this magical oasis. A compelling opportunity for those seeking a project with both vision and value
Details
| MLS # | 5084375 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (30) Under Contract - Pending |
| Year | 1962 |
| Days On Site | 172 |
| Listing Provided By | KW Vermont | Brittany Roy |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 2 |
| Story(s) | 1 |
| Zoning | Residential/Commercial |
| Acreage | 1.46 |
Interior
| Rooms Total | 6 |
|---|---|
| Cooling | None |
| Heating | Propane, Other |
Exterior
| Exterior Features | Building, Garden, Guest House, Natural Shade, Outbuilding, Storage |
|---|---|
| Roof | Shingle |
| Construction Materials | Wood Siding |
| Foundation Details | Other |
| Lot Features | Country Setting, Landscaped, Level, Mountain View, Wooded, Near Paths, Neighborhood |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Utilities | Cable Available, Other |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Private, Septic Tank |
Taxes
| Tax Annual Amount | 5417.28 |
|---|---|
| Tax Year | 2025 |
Area Information
| State | VT |
|---|---|
| County | Washington |
| City | Waterbury |
| Zip Code | 05677 |
| Area | VT Washington |
| School District | Washington West |
| Elementary School | Brookside Elementary School |
| High School | HarwoodUni |
| Listing VS Median (in 05677) | |
Price: $242,000 low | high Med: $0 On site: 172 low | high Med: | |
Market Activity 05677
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Learn More About This Property
| State | VT |
|---|---|
| County | Washington |
| City | Waterbury |
| Zip Code | 05677 |
| Area | VT Washington |
| School District | Washington West |
| Elementary School | Brookside Elementary School |
| High School | HarwoodUni |
| Listing VS Median (in 05677) | |
Price: $242,000 low | high Med: $0 On site: 172 low | high Med: | |