Property Details
Basic Information
- MLS Number: 5086714
- List Price: $1,000,000
- Lot Description: Corner, Country Setting, Level, Major Road Frontage, Mountain View, Open, Trail/Near Trail, View, In Town, Near Golf Course, Near Paths, Near Skiing, Near Snowmobile Trails, Valley, Near ATV Trail
- Date Listed: 05/02/2026
- Units: 2
- Description: Rare turnkey multi-unit investment opportunity along Vermont's scenic Route 100 corridor. This versatile 3,874 SF (4,954 total) property functions as two fully independent residences connected by a breezeway - with options for 1 or 2 more apartments -ideal for short-term rentals, co-living, group housing, or owner-occupied income generation such as a home office. The property offers 16 rooms including 9-10 bedrooms and 3.5 baths, offering strong capacity for rental optimization and multiple revenue streams. Previously operated as a licensed Level 3 assisted living facility, the property features infrastructure suited for commercial or institutional use, including a sprinkler system, backup generator, and high-speed internet. Extensively updated since 2022, improvements include new roof, boiler, flooring, fresh interior paint, and updated appliances -minimizing near-term capital expenditures. The main residence offers 4 bedrooms, 1.5 baths, a large kitchen, formal dining room, living room, enclosed porch, deck, and oversized laundry/storage area. The auxiliary residence includes a first-floor suite with accessible bath and common living space and 2-3 bedrooms, plus a separate 3-bedroom second-floor apartment with full bath, kitchenette, recreation room, and deck. A 1,080 SF walk-up attic provides significant upside potential-ideal for a future primary suite or additional rental unit (subject to approvals). Situated on a level 1-acre lot with mountain views and parking for 10+ vehicles, the property sits directly across from Hancock Town Green and within walking distance to village amenities-enhancing guest appeal and tenant demand. Located within 20-40 minutes of Sugarbush, Mad River Glen, Pico, and Killington, this property is well-positioned for year-round rental income driven by skiing, golfing, hiking, and seasonal tourism. Ideal for investors seeking a flexible, income-producing asset with immediate usability and long-term upside.
Building
- Acreage: 1
- Square Feet: 3,874
- Year Built: 1900
- Zoning: Residential/Commercial
- Roof: Standing Seam
- Building Construction: Wood Frame
- Foundation: Concrete, Stone
Location
- County: Addison
- Town: Hancock
Finance
- Taxes: $8,018
Interior Features
Bathrooms
- Bathrooms: 4
Basement
- Basement: Dirt Floor, Interior Stairs, Partial, Unfinished
Exterior Features
Exterior Features
- Exterior Color: White
Utilities and Appliances
Utilities and Appliances
- Utilities: Phone, Propane
Community
Schools
- High School: Choice
Amenities
- Other Amenities: Basement
- Exterior Amenities: Balcony, Deck, Garden Space, Outbuilding, Enclosed Porch, Shed, Storage
Other Details
Water
- Water: Drilled Well