47 Gibson Rd, Ryegate, VT 05042

Description

Showings start on Saturday, August 29th.

Investment opportunity, multigenerational property or primary home with guest accommodations! Set on 17.5 acres in Ryegate, Vermont, this versatile property offers two residences, rental income, open fields, wooded acreage and mountain views down the Connecticut River Valley, all approximately 45 minutes from Hanover and Lebanon, NH.

The primary residence is a single level, three bedroom, one bath ranch with a full basement. Three mini splits provide efficient heating and cooling, with oil-fired baseboard heat for backup. The climate-controlled basement has its own mini-split and hybrid electric water heater. A large front deck captures the views, while an above ground pool, permitted pool deck and covered pavilion provide inviting outdoor spaces.

The open fields are maintained by a local farmer, and the property includes mature and newly planted apple trees. A wooded trail loops toward the right-of-way bordering the eastern side of the lot, with room to explore or create additional ATV, dirt bike, walking or snowmobile trails.

The 2016 mobile home is rented for $1,350 per month and has been occupied by the same tenant for approximately five years. It features a 2020 private two bedroom septic system, separate 200-amp electrical service, mini split heating and cooling, and backup electric heat. A permitted addition provides an additional bedroom and living room. Recently installed HUD-approved tie-downs may expand financing options, subject to lender and program requirements.

Both homes share a private well with a reported 10 GPM recovery rate. A ground-mounted solar array includes 48 panels rated at 340 watts each and generates an average of 62.86 KWh per production day since February. The 26 by 40-foot barn offers 12 foot ceilings, its own electric meter and a 100-amp panel ideal for equipment, recreational vehicles, storage or workshop use.