Pownal is a small quiet town in the southwest corner of Vermont, lying directly between nationally famous 
Bennington Vt, and 
Williamstown Ma.  To the west is 
Petersburg NY, and east is 
Stamford Vt.  Stamford cannot be reached from Pownal.  The north south shape of the mountains and subsequent road building has resulted in the most movement between Bennington and Williamstown.
View Williamstown Land Prices.   Northwest Hill 112 acre farm with house is offered at $10,000,000
  
Williamstown is home to 
Williams College, it's famous for the 
Williamstown Theater Festival  and 
Clark Art Museum. Williamstown is part of Berkshire County which calls itself "America’s Premier Cultural Capital"
Bennington is home of 
Southern  Vermont College and progressive 
Bennington College, which has lent a laid back cosmopolitan feel to the town. 
By car NYC is 3 3/4 hours away, Boston is 3 1/4 hours away, Albany is 1 hour away.
Williamstown has long had high real estate prices.  It has been the home the wealthy and famous.  Among them are 
Farah Pahlavi, former empress of Iran, 
Christopher Reeve, actor, 
Jane Swift, former governor, and 
Cole Porter, songwriter.
Much of Williamstown is owned by the college or is in land trusts.  Buyers wanting to be near Williamstown yet wishing for something more affordable have in the last few years been looking at Pownal.
People from NYC have also been buying weekend homes.  As a result Pownal land values have been rising substantially.