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    1023 Ethan Allen Hwy Fairfax, VT 05468

    For Sale
    $525,000

    13-acre property with farmhouse, outbuildings, and development potential.

    Lot size:
    13.00 Acres

    Property Features for 1023 Ethan Allen Hwy

    General Information

    Lot size
    13.00 Acres

    Source: Esther J. Lotz Broker LLC Commercial & Industrial Real Estate Agent Esther J. Lotz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with Farmhouse and Outbuildings

    Located at 1023 Ethan Allen Hwy in Fairfax, Vermont, this property features 13 +/- acres of land. The site includes an older farmhouse with three bedrooms, one bathroom, a stone basement, and a newer roof. The farmhouse is currently occupied. Several outbuildings are present, including a one-bay garage with a workshop. The property is situated across from Georgia Market, near Cloverleaf Farm. It is equipped with oil heat and serviced by Green Mountain Power. On-site water and septic systems are in place. The property is located within the South Village Core District Zoning area. The taxes are $3,429.51.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Auto Parts Store Department Store Kitchen & Bath Grocery Store Storage Facility Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.1084849
    Latitude
    44.6938389

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    FAQs

    What type of property is this?
    Land - 13-acre property with farmhouse, outbuildings, and development potential.
    Where is this land located?
    The property is located at 1023 Ethan Allen Hwy Fairfax, VT.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - 13 +/- acres of land; - South Village Core District Zoning (potential development opportunities); - Older farmhouse with 3 bedrooms
    (802) 343-0363
    Request Owner's contact information
    1023 Ethan Allen Hwy Fairfax, VT 05468
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1023 Ethan Allen Hwy Fairfax, VT 05468
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