{"id":41664,"date":"2023-07-28T12:51:50","date_gmt":"2023-07-28T16:51:50","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/26-2-million-will-get-you-vermonts-priciest-home-a-345-acre-compound-with-a-golf-course\/"},"modified":"2023-07-28T12:51:55","modified_gmt":"2023-07-28T16:51:55","slug":"26-2-million-will-get-you-vermonts-priciest-home-a-345-acre-compound-with-a-golf-course","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=41664","title":{"rendered":"$26.2 million will get you Vermont\u2019s priciest home \u2014 a 345-acre compound with a golf course"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002334692\" role=\"document\">\n<p>Vermont is known as the Green Mountain State because of its eponymous and picturesque mountain range. The bucolic state\u2019s hills, lakes, rivers, and fields charm outdoor enthusiasts from near and far.<\/p>\n<p>And increasingly, homebuyers with big-league budgets are seeking out their own patches of paradise in Vermont\u2014this\u00a0345-acre, lakefront estate\u00a0in\u00a0Ferrisburgh, for instance.<\/p>\n<div class=\"paywall\">\n<p>At $26.2 million, it\u2019s\u00a0the state\u2019s most expensive home listing and could become Vermont\u2019s largest-ever residential real estate transaction. The grand spread, known as Grosse Point, includes five guesthouses, a nine-hole golf course, and lake frontage with three docks.<\/p>\n<p>Vermont does have its share of palatial estates; but once built or purchased, they tend to stay within the same families. That\u2019s what makes this property\u2019s splash onto the market so significant.<\/p>\n<p>\u201cVermont has seen a tremendous influx of folks from Colorado, California, Texas, and other regions,\u201d says\u00a0<strong>Wade Weathers<\/strong>, a LandVest listing agent, who is representing the property with\u00a0<strong>Averill Cook<\/strong>. \u201cAnd if you look at other exciting vacation parts of the world, Vermont is a place where you can get a lot for less.\u201d<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<h2>The home<\/h2>\n<p>The compound is anchored by a nearly 10,000-square-foot, stone mansion built in 1906.<\/p>\n<p>\u201cThis home is as unique as they come,\u201d Weathers says. \u201cIt has incredible grandeur and acreage and is set right on Lake Champlain. This type of estate just isn\u2019t ever available, especially considering the lake frontage and the three concrete docks. The state of Vermont doesn\u2019t allow anyone to even build a dock on a lake anymore.\u201d<\/p>\n<p>Set in a gracefully landscaped yard amid fields and woods, the 11-bedroom, 7.5-bathroom mansion has multiple fireplaces\u2014a must for Vermont\u2019s long winters.<\/p>\n<p>The original maple flooring, pocket doors, and detailed moldings create an atmosphere of classic American elegance.<\/p>\n<p>The estate was\u00a0originally designed\u00a0for banker\u00a0<strong>Walter Scranton<\/strong>\u00a0and was later owned by philanthropist\u00a0<strong>Jessica Swift<\/strong>, according to Mansion Global.<\/p>\n<p>The property now belongs to the children of the late\u00a0<strong>Robert<\/strong>\u00a0and\u00a0<strong>Cynthia Hoehl<\/strong>. He co-founded IDX Systems Corp., and purchased the home for $8.4 million in 2006, Mansion Global reports. The couple\u2019s six children spent summers there as kids and adults but are ready to part ways with the stately abode.<\/p>\n<p>Over the years, the Hoehls poured millions into the home, making repairs and updates, while honoring its architectural details.<\/p>\n<p>\u201cThe most visible addition they made was the $800,000 copper roof, but they completely updated the house and the cottages on-site,\u201d Weathers says. \u201cThanks to the changes they made, those cottages have modern plumbing and electrical equipment and historical architectural detailing.\u201d<\/p>\n<h2>The property<\/h2>\n<p>The original property encompassed 435 acres, but the Hoehl children are holding on to about 90 acres of farmland, leaving around 345 for the new owner.<\/p>\n<p>The vast grounds include multiple guesthouses with 12 bedrooms total, a caretaker\u2019s home, a farm manager\u2019s residence, several hay barns, and a dairy barn.<\/p>\n<p>Boating, fishing, and swimming are all on the agenda here, thanks to the estate\u2019s 1.5 miles of contiguous lake frontage and the 30 miles of Lake Champlain, visible north to south. The Hoehls even added a dock house and renovated two of the three piers.<\/p>\n<p>The majority of the property is covered by a Nature Conservancy Conservation easement, and the location is centered in an exclusive corner of Vermont devoted to open spaces, farmland, and other prestigious estates.<\/p>\n<p>\u201cThe grounds are stunning, with an entranceway lined by maple trees,\u201d Weathers says. \u201cOnce you get on the inner part of the property, it\u2019s completely private. Across the lake is the Adirondack Park, which is forever wild. You\u2019ll see eagles, ospreys, deer, turkey, and all kinds of waterfowl that fly through here every year. It\u2019s pretty irreplaceable, and this is only the second time the home has been available to the public since 1906.\u201d<\/p>\n<p><strong><em>This story was originally published on\u00a0Realtor.com, a real estate and rentals site. In addition to homes for sale, you can find rentals like\u00a0Scottsdale apartments,\u00a0Austin apartments,\u00a0Tampa apartments, and more.<\/em><\/strong><\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/26-2-million-will-get-you-vermonts-priciest-home-a-345-acre-compound-with-a-golf-course-154a5406?mod=personal-finance\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vermont is known as the Green Mountain State because of its eponymous and picturesque mountain range. The bucolic state\u2019s hills, lakes, rivers, and fields charm outdoor enthusiasts from near and far. And increasingly, homebuyers with big-league budgets are seeking out their own patches of paradise in Vermont\u2014this\u00a0345-acre, lakefront estate\u00a0in\u00a0Ferrisburgh, for instance. At $26.2 million, it\u2019s\u00a0the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-41664","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>$26.2 million will get you Vermont\u2019s priciest home \u2014 a 345-acre compound with a golf course | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Vermont is known as the Green Mountain State because of its eponymous and picturesque mountain range. 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