Grosse Point: Vermont’s Largest-Ever Residential Real Estate Transaction

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Vermont is widely known for its picturesque landscapes, particularly its breathtaking mountain range, aptly named the Green Mountains. This bucolic state, with its hills, lakes, rivers, and fields, captivates outdoor enthusiasts from far and wide.

Recently, affluent homebuyers have been drawn to Vermont, seeking their own slices of paradise. One particular property in Ferrisburgh stands out among the rest. Spanning across a massive 345 acres and boasting a magnificent lakefront, this estate is currently listed for a staggering $26.2 million. Should it sell at this price, it would go down in history as Vermont’s largest-ever residential real estate transaction. Referred to as Grosse Point, this grand compound includes not only a stunning stone mansion but also five guesthouses, a nine-hole golf course, and direct access to the lake with three docks.

While Vermont does possess its fair share of opulent estates, they often remain within the same families for generations. That’s why the appearance of Grosse Point on the market is such a noteworthy event.

“Vermont has experienced an incredible influx of residents from Colorado, California, Texas, and other regions,” explains Wade Weathers, a LandVest listing agent who represents the property alongside Averill Cook. “Compared to other desirable vacation destinations across the globe, Vermont provides exceptional value for the price.”

At the heart of this extraordinary compound stands a majestic stone mansion spanning nearly 10,000 square feet. Built in 1906, the mansion exudes a unique air of elegance. As Weathers describes it, “This home is one-of-a-kind. It showcases magnificent grandeur and sits right on the shores of Lake Champlain. Such estates rarely become available, especially taking into account the lake frontage and three concrete docks. In fact, building a dock on any Vermont lake is now strictly forbidden.”

Surrounded by meticulously landscaped gardens, fields, and woods, this 11-bedroom, 7.5-bathroom mansion features multiple fireplaces to combat Vermont’s long winters. The original maple flooring, pocket doors, and intricate moldings further enhance the atmosphere, exuding a classic American elegance.

Historically, the estate was designed for Walter Scranton, a prominent banker, and later came under the ownership of philanthropist Jessica Swift, according to Mansion Global.

Property History and Ownership

The prestigious property, which was once owned by the late couple Robert and Cynthia Hoehl, is now under the ownership of their children. Robert Hoehl was a co-founder of IDX Systems Corp. According to Mansion Global, the couple acquired the property in 2006 for $8.4 million. This magnificent estate served as a summer retreat for their six children throughout their childhood and adulthood. However, the Hoehl children have now decided to part ways with this grand abode.

Preservation and Updates

Throughout the years, the Hoehls invested a significant amount in the property by carrying out repairs and updates while paying homage to its architectural details. One of the most noticeable additions they made was the installation of an exquisite $800,000 copper roof. Additionally, they undertook a complete renovation of both the main house and the on-site cottages. Thanks to their efforts, these cottages now boast modern plumbing and electrical equipment along with carefully preserved historical architectural features.

The Property Features

The original property spanned an impressive 435 acres; however, the Hoehl children have decided to retain approximately 90 acres of farmland, leaving approximately 345 acres for the new owner. Within these vast grounds, one can find various guesthouses with a total of 12 bedrooms, a caretaker’s home, a farm manager’s residence, several hay barns, and a dairy barn.

Recreational Opportunities

If boating, fishing, or swimming is your desire, then this estate can cater to your whims. With 1.5 miles of uninterrupted lake frontage and convenient access to Lake Champlain’s 30-mile stretch, an array of aquatic activities awaits. The Hoehls even went one step further by constructing a dock house and restoring two out of three piers.

Natural Beauty and Conservation

A large portion of the property is protected by a Nature Conservancy Conservation easement. Nestled in an exclusive corner of Vermont, this location is an embodiment of open spaces, farmland, and prestigious estates. The grounds of the property are truly awe-inspiring, with a captivating entrance lined by majestic maple trees. As you venture further into the property, a complete sense of privacy envelops you. Across the lake lies the untouched Adirondack Park where wildlife thrives. Here, you can catch glimpses of eagles, ospreys, deer, turkey, and various waterfowl that migrate through the area each year. This property holds an irreplaceable allure and has only been made available to the public twice since its initial offering in 1906.

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