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Residential Land for Sale in Rutland, Vermont

Central Ave, Rutland, VT 05702

$89,900
5.8 acres
Active sale
Est $830/mo

Tucked inside the Rutland City limits at 0 Central Avenue, this 5.8 acre parcel is one of the largest pieces of undeveloped land you can still walk to Rutland Regional Medical Center from. The lot sits quietly on Central Avenue with paved road frontage out front and established single-family neighbors on either side, blending the privacy of real acreage with the convenience of an in-town, walkable Rutland neighborhood. Rutland Senior High School, Rutland Middle School, Stratton Road, and the hospital complex are all within roughly one mile, putting a buyer minutes from everything that makes Rutland County, Vermont work day to day. The story here is the chance to start fresh. Public water is at the street, public sewer is available, electric runs to the corridor, and fiber optic internet is already in service nearby. The parcel is level, residentially zoned (R), and sits outside any FEMA flood hazard area. Listed at $89,900 with annual property tax around $2,638, the lot is priced at land value in a market where nearby in-town acreage has sold in under two weeks when priced right. This is raw, undeveloped land sold as-is. Buyer is responsible for confirming utility hookup, legal access and easement, final zoning, and any subdivision approvals with Rutland City Planning and Zoning. The seller, settling a family estate with full court approval to convey, will resolve any outstanding property taxes at closing. Bring a builder who has been hunting for in-town acreage with utilities at the street, a developer eyeing a small five or six lot neighborhood (subject to municipal review), or a patient investor who sees the hospital corridor for what it is. Land this size, this close to the heart of Rutland, Vermont, does not come up often.

Location

Street address
Central Ave
Zip code
05702
Elevation
553 feet
Coordinates
43.6075, -72.9818

Directions

From N. Main St. Rutland turn onto East St., left onto Killington Ave, right onto Stratton Rd, left onto Gilrain Ave, right onto Central Ave. Parcel sits between established neighbors with paved frontage; no structures on site. Sign on property.

Property details

Acreage
5.8 acres
Zoning
R
MLS #
NNEREN 5094759
Posted

Property taxes

2026
$2,638

Details and features

Listing

Type
Land

Lot

Features
In Town, Level

Structure

Water
Public

Listing history

DateEventPriceChangeSource
June 15, 2026New listing$89,900NNEREN
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This 5.8-acre property is located at Central Ave in Rutland, VT 05702. The land is available for sale, priced at $89,900 — $15,500 per acre.

Listed by eXp Realty, (802) 868-6367

Checked 2 hours agoUpdated Source

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