
Newfane, VT322 River Road
Price$1,495,000
MLS Number 4773192
- Commercial
- Year Built 1860
- Acreage 54.2
- NOI 172700
322 River Road and the Winchester Stables sit on one of the most beautiful sites in all of Vermont. The equestrian estate, comprised of a large farmhouse, apartment, barn, stables, riding rings, pastures and river frontage, lies in the scenic West River valley. The 1860 farmhouse with its great room, living room, family room, 9 bedrooms and 8 bathrooms along with the 42,376 square foot barn consisting of 48 stalls, a large indoor riding ring, a wash room, a tack room and a break room, offers a prime opportunity for an equestrian or farming oriented bed-and-breakfast. Additional features include outdoor riding rings, 30 paddocks, pasture, extensive river frontage and ponds. The 2 bedroom apartment makes perfect lodging for staff. The stunning property is just outide Newfane Village, an historic New England district and county seat. It is only minutes from I-91. NOTE: The gross income in the financials reflects estimated room income only, no stables income. The operating expenses are based on the entire property. A recent Vermont Law allows easy permitting for agricultural tourism, which would apply to hospitality related to horses or farming. Information about agri-tourism is attached in Documents. The buildings do not lie in the flood zone. All of the details in the virtual tour are not accurate, as the property has been reduced in size. Also listed as MLS #4772993.
Listed by Sally Fegley of BHG Masiello Brattleboro
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