22 Park St, Underhill, VT 05489

A renovated home, a three-unit development opportunity, and an additional single family building lot - all in one remarkable Jericho property! Set on approximately 1.4 acres in Jericho’s Village Center, 22 Park Street offers an unusual combination of a beautifully renovated move-in ready 3-bedroom home, a substantial second building with mixed-use potential and zoning to match, and an additional homesite for a future 3-bedroom residence with the infrastructure already in place. The existing home is ready to enjoy, with an updated kitchen and bath, inviting living spaces, and newly installed mini-splits. Next door, a former print shop/apartment presents an opportunity to create something entirely your own. Current plans envision three apartments totaling approximately 3,394 square feet, with a combination of one-, two-, and three-bedroom layouts. The building has been extensively improved, including reframing, new insulation and updated siding. Finish the apartments as planned, explore a residential and business combination, or adapt the space to you! The current owner has also completed significant improvements to the property’s infrastructure, including a new septic system designed to serve the existing home, three apartments, and future 3-bedroom residence. Other improvements include: new main water line, new utility pole and main electrical cable. Natural gas is on site, electric is separately metered, and the permitted driveway/road has been curb-cut and completed, providing plenty of parking and access to the additional building opportunity. Imagine living in the existing home while completing the apartments and building your dream home out back. Create an income-producing property, establish a live/work arrangement, or bring together multiple living spaces for a private, multigenerational compound. With a move-in-ready home, substantial improvements already completed, and multiple paths forward, this is a property that invites you to think beyond the ordinary.