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Multi Family Home
Price Change! reduced by $90,000
down 20% on May 27th 2026
$445,000 | $245 per sq.ft.
2 Unit Multi Family Home,
400 East Lake Road Ludlow VT
With 1 - One Bedroom Units | 1 - Two Bedroom Units
| MLS# 5075678 -
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Listed by Matthew Bellantoni Mary W. Davis Realtor & Assoc., Inc. Off: 802-228-8811 on February 4th 2026
DESCRIPTION
Versatile Ludlow retreat on 9 acres with proven short-term rental history, offering flexible living options ideal for owner-occupants or investors seeking income near Okemo Mountain. This property is configured as a single-family residence with two distinct living levels, each featuring private entrances and amenities that allow for multiple use scenarios. The ground floor living area includes a one-bedroom layout with a ¾ bath, kitchen, and combined living-dining space -- well suited for guests, rental income, or extended family. The upper level features two bedrooms plus a loft, a ¾ bath, wood stove, and access to a deck with winter views of Okemo Mountain, creating a cozy and inviting primary living space. Set on 9 private acres, the property offers space, seclusion, and year-round recreational appeal just minutes from Okemo, downtown Ludlow, and four-season activities. With a history of short-term rental use, this home presents an excellent opportunity to offset ownership costs while maintaining flexibility for personal use (buyer to verify current and future use with local zoning and regulations). A rare combination of land, location, and adaptable living -- ideal for a Vermont getaway, full-time residence, or income-producing property.
Appliances : Electric Water Heater
Sale Includes : Land/Building | Outbuilding
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UNIT 1 INFORMATION
Beds: 1Baths: 1Rooms: 4Sq.Ft.: 770Level: 1Info : Air Conditioner,Appliances Included,CO Detector,Electric,Heat,Hot Water,Porch,Electric Range,Refrigerator,Smoke Detector
UNIT 2 INFORMATION
Beds: 2Baths: 1Rooms: 6Sq.Ft.: 1060Level: 2Info : Air Conditioner,Appliances Included,Cathedral Ceiling,Ceiling Fan,Deck,Electric,Heat,Hot Water,Loft,Electric Range,Refrigerator,Separate,Smoke Detector,Wood Stove -
CONSTRUCTION
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Combination Exterior | Concrete Exterior | Vertical Siding | Wood Exterior Exterior Color : Red
Year Built: 1969
No. of Floors: 2
Total Sq.Ft. Finished: 1819
Above Grade Sq.Ft.: 1819
Price Per SQ.FT.: $244.64
Heating: Baseboard | Electric | Wood Stove | Mini Split
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Cable Available
Electric Meters: 1
Style: A Frame
Roof: Metal | Standing Seam
Water: Drilled Well
Sewer: Mound Leach Field | On-Site Septic Exists | Septic
Seasonal: No
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LAND INFORMATION
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Country Setting | Hilly | Lake Access | Mountain View | Sloping | View | Wooded | Near Golf Course | Near Skiing
Lot size: 9.1 acres
Zoned: Res)
Surveyed: Yes
Flood Zone: No
Road Frontage: 238
Driveway: Crushed Stone | Dirt
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ADDITIONAL INFORMATION
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Taxes $3,635 | Assesed Value $0 in
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AREA INFORMATION
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Data last updated May 30th, 2026
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