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  Church Puts Vt. Lakefront Property on the Market

Washington Examiner
October 6, 2011

http://washingtonexaminer.com/news/2011/10/church-puts-vt-lakefront-property-market

Vermont's Roman Catholic Diocese has put on the market its 26-acre Camp Holy Cross, located on the shores of Lake Champlain's Malletts Bay in Colchester.

The move by the diocese came after Colchester residents rejected a proposal to spend $4.5 million to buy the property.

The diocese is selling the camp to help pay a $17.6 million judgment that settles a series of priest sex abuse cases.

The property has 980 feet of Lake Champlain shoreline.

Listing agent Steve Donahue says how fast the property sells depends on what the buyer intends to do with it.

The Burlington Free Press (http://bit.ly/peteGH) says the property has a listed value in Colchester of $4.3 million, but it did not say what the selling price is for the property.

 
 

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