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Executive Summary

Attention residential or commercial developers! Come take a look at this beautiful 11.5 acre parcel with potential for up to 13 units with river frontage, tucked behind a wooded area and offering the feel of country living. The existing farmhouse could be renovated or torn down, and the 91’ x 46’8 barn is ready to be converted to housing or used for storage or commercial space. This property is zoned GD1 giving you lots of potential to create your own vision. 3.118 Acres in GD1 zoning and 8.4 Acres in FP. Residential buyers, build your dream home here or renovate the farmhouse, and enjoy the river and nature at your fingertips! Convenient location minutes to the Burlington shopping, bike paths, and Lake Champlain. Current owner permitted the property ten years ago for 13 units, and was able to get all permits, including Act 250. Building and proposed plans available upon request.

Property Facts

Price $975,000
Price Per Unit $487,500
Sale Type Investment
No. Units 2
Property Type Multifamily
Building Size 6,719 SF
No. Stories 2
Year Built 1950
Parcel Number (048) 05-0050020000000
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 41337247

  • Date on Market: 7/17/2026

  • Last Updated:

  • Address: 527 Heineberg Dr, Colchester, VT 05446

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