Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Permitted Residential Building Lot Title is generated by Realmo AI

    91 Governor Peck Road lot 3, Jericho, VT 05465

    View on Map
    Claim this Listing
    For Sale
    $295,000

    LAND - Jericho, VT

    Lot size:
    3.30 Acres
    Added:
    May 22, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 4 at 2:06 pm

    Property Features for 91 Governor Peck Road lot 3

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Rural Agr Residential
    Standard status
    Active
    Lot size
    3.30 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Needed, Mound Septic
    Water source
    Well Needed

    We can help!

    Listing Contact
    Templeton Real Estate Group

    Listing agent Templeton Real Estate Group

    Listing office KW Vermont 68 Randall St., South Burlington, VT

    Listing date May 22, 2026

    MLS# 5090410 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Lot 3 spans 3.3 acres and is fully permitted for a drilled on‑site well and mound septic system
    • Power is available at the newly constructed road
    • Each lot is permitted for up to 5 bedrooms
    • Accessory dwelling unit (ADU) is allowed on the lot
    • Community is set well off the main road, offering privacy with large lot sizes

    Overview

    This 3.3-acre residential building lot in Jericho is set within the Acorn Ridge community and is ready for custom construction. The property is permitted for up to a five-bedroom home and also allows an accessory dwelling unit (ADU). Building envelopes are designed to offer flexibility in how the home can be planned and positioned on the lot, with the ability to work with your own builder.

    The lot is set well off the main road within the planned community, offering a private, wooded backdrop. Acorn Ridge is positioned close to Jericho Village amenities and local outdoor recreation, with easy access to I-89.

    From a development standpoint, Lot 3 includes key site readiness items already addressed in the permitting: it is fully permitted for a drilled on-site well and a mound septic system. Power is listed as available at the newly constructed road serving the community. With rural agr residential zoning and the flexibility of designing your own home plan, this parcel fits buyers looking to build a custom primary residence while also planning for an ADU on the same property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Jericho
    County
    Chittenden
    State
    Vermont
    Longitude
    -72.9955482
    Latitude
    44.43644

    Nearby Similar for Sale

    • $399,000
      2,820 SF

      Historic Church Building with Bell Tower

      Historic church property with stained glass and cathedral ceilings, plus additional building and off-street parking.
      394 VT Route 15, Jericho, VT 05465
      View Details
    • $325,000

      Residential Development Lot with ADU

      Fully permitted 2.84-acre homesite supports a custom build with well and mound septic, plus accessory dwelling unit flexibility.
      91 Governor Peck Road lot: 4, Jericho, VT 05465
      View Details
    • $335,000

      Permitted Custom Home Homesite

      Fully permitted homesite for a 5-bedroom home with ADU options and on-site well and septic.
      91 Governor Peck Road lot: 5, Jericho, VT 05465
      View Details
    • $315,000

      Rural Residential Buildable Homesite

      Build a custom home on a fully permitted homesite with room for a permitted ADU.
      91 Governor Peck Road lot: 1, Jericho, VT 05465
      View Details
    • $226,500

      Mountain-View Homesite on Quiet Road

      Five-acre homesite with two potential building locations, protected conserved backdrop, and permits and site planning underway.
      30 Bentley Lane, Jericho, VT 05465
      View Details
    • $389,000

      DRB-Approved Subdivision Land with Septic

      Three approved building lots with wastewater permits and shared septic design, ready for development in Jericho.
      22, 24 & 44 Morin Lane, Jericho, VT 05465
      View Details
    • $250,000

      Residential Land in Jericho, VT

      Open building lot with public water in Jericho, Vermont.
      3 Railroad Circle, Jericho, VT 05465
      View Details
    • $309,900

      Wooded Recreational Land Parcel

      Large wooded parcel with right-of-way access off a paved road, suited for residential or recreational uses.
      296 & 298 VT Route 15, Jericho, VT 05465-0000
      View Details
    • $395,000

      High-Visibility Corner Lot in Jericho

      Corner lot in Jericho East Commercial and Residential Development.
      2 N Main St, Jericho, VT
      View Details
    • $475,000

      Established Restaurant Property For Sale

      Long-standing local iconic restaurant property on 1.23 acres.
      47 VT-15, Jericho, VT
      View Details
    • $364,900

      Land Parcel in Jericho, Vermont

      Land parcel available via right of way off Browns Trace Road.
      296 & 298 VT Route 15, Jericho, VT 05465
      View Details
    • $400,000

      Commercial Land in Jericho Village

      High-visibility commercial land with permits and plans in place.
      368 Vt Route 15, Jericho, VT
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.3-acre lot in Jericho permitted for up to five bedrooms and an ADU, with well and mound septic.
    Where is this residential land & home lot located?
    The property is located at 91 Governor Peck Road lot 3 Jericho, VT.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Lot 3 spans 3.3 acres and is fully permitted for a drilled on‑site well and mound septic system; Power is available at the newly constructed road; Each lot is permitted for up to 5 bedrooms
    (802) 654-8500
    We can help!
    Listing Contact
    Templeton Real Estate Group
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    91 Governor Peck Road lot: 3, Jericho, VT 05465
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!