1002 Quarry RoadIsle La Motte, VT 05463MLS Number 4984847

  • Price: $1,350,000
  • 208 Days on Market
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 4,462Square Feet
  • 2.8Acreage
  • 1951Year Built
  • 2023Tax Year
Rare opportunity to own this landmark Lake Champlain waterfront property situated on nearly 3 acres, offering stunning panoramic views of the Green Mountains, North Hero Island & Mt Mansfield! Since the 1950's the property has been continuously operated by the same family as the Ruthcliffe Lodge & Restaurant. With 610 feet of direct waterfront including deep water access, this magnificent property has many outdoor gathering areas, gardens, a 100 foot dock to accommodate most boats, a floating dock for swimming, 4 boat moorings and a beautiful awning deck overlooking the lake that can easily seat 30-40 people. The main lodge has 4 guest rooms and is able to accommodate up to 25 diners as it is fully equipped with a commercial kitchen and full Bar! Additionally, there are 6 detached motel style suites separate from the lodge for guests with sweeping lake views & wonderful accommodations. Permitting has been obtained for an additional 4 seasonal cottages to expand the resort. Continue to operate this successful restaurant/inn with a loyal customer base or use the property as a great summertime family compound, corporate company retreat, short term rental property, wedding venue and so much more! Just an hour from Burlington & Montreal, the assets of this very successful business are being sold fully turn-key including deeded and surveyed land and improvements, business name, website, social media presence and any future reservations on the current books for next season!
Listed by Flex Realty Group of Flex Realty

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IPJ Real Estate
IPJ Real Estate
Office: 802-388-4242
34 Main Street
Middlebury, VT 05753

More Info

Basic Information

  • Permission
    • Deed
    • Plat/Grid Map
    • Property Disclosure
    • State Permit
    • State Wastewater Permit
    • Survey

Building

  • Year Built1951
  • NumberOfUnitsInCommunity7
  • Square Feet4,462

Property

  • Acreage2.8
  • Property TypeCommercial Sale
  • Lot Sqft121,968

Tax Information

  • Tax Year2023

Location

  • Building Number1002
  • StreetQuarry Road
  • TownIsle La Motte
  • StateVT
  • Zip05463
  • CountyGrand Isle

Exterior

  • ExteriorCedar, Vinyl Siding
  • RoofMetal

Utilities

  • FuelElectric, Gas - LP/Bottle
  • Heating CoolingHot Air

Basic Information

  • StatusACT
  • Modification Date08/22/2024
  • TypeBusiness, Development, Hospitality, Investment, Opportunity
  • List Price$1,350,000
  • Broker NameFlex Realty
  • Listing Agent NameFlex Realty Group
  • Lister Office NameFlex Realty
  • MLS Number4984847
  • MLS StatusActive

Amenities

  • PricePerSqFt302.55

Other

  • Date Listed02/13/2024
  • View Count18
Broker Reciprocity 

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. Data last updated September 8, 2024 9:23 AM EDT

 

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