All of these properties are special, with great sites and amenities, and many are turn-key. By nominating these properties to this select list, LandVest is recognizing properties which are compelling investments for the buyer.
November 18, 2017
LandVest Inc., a private real estate and timberland firm focused on luxury, and simply cool, properties, has announced this year’s list of top New England and Adirondack luxury real estate investment opportunities. To be chosen, properties must have at least two of the following qualifications: priced below assessed value, priced below what the owner has invested in the property, priced below comparable sales, significant reduction in asking price and “grandfathered” so that they can’t be rebuilt today for the current asking price.
“All of these properties are special, with great sites and amenities, and many are turn-key. By nominating these properties to this select list, LandVest is recognizing properties which are compelling investments for the buyer,” said Ruth Kennedy Sudduth, Director of Residential Brokerage at LandVest. “Of course, these are investments which you can really enjoy, find peace, and be in a singularly beautiful place. That’s quite a combination.”
Some of the properties on the 2017 Deals & Steals list include 35 Coolidge Point in Manchester-by-the-Sea. This turn-key oceanfront estate is listed well below the original list price, and priced well below what it would cost to build a comparable oceanfront property in Manchester. “This is the best new-construction shingle-style property that I have ever seen,” noted Lanse Robb, LandVest’s North Shore region director, “and it is offered at a significant price reduction for $6,250,000.”
Casa Tranquilla in Charlotte, VT, also made the list. With a recent price reduction of $750,000 this completely private, 80-acre property just outside of Burlington offers 6,700 square feet with an indoor pool, wine cellar, four-stall barn with fenced pasture, a party barn/guest house called “The Lodge” overlooking a pond with a fountain, a sugar bush with 230 taps and sugar house, trails and an auto barn. It is listed at $1,500,000.
Another outstanding and unique property is Hope…