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Ready to build your dream lakefront retreat this summer? Nestled on the shores of Lake Champlain in the heart of South Hero, this unique property presents a rare chance to craft a custom waterfront escape. Set on 0. 13 acre of owned land and accompanied by a shared interest in 2. 67 acres of waterfront common land—spanning 529 feet of pristine shoreline—this homesite offers both privacy and community in one stunning package. Positioned within a protected bay, the property boasts sweeping, year-round easterly views of both the lake and surrounding mountains, creating a picturesque backdrop for every season. This lot includes approvals for a four-bedroom home, town water, electricity, the community septic system, and is fully prepped for immediate construction. Less than 25 minutes from Burlington, you’ll enjoy the perfect blend of peaceful lakeside living and easy access to urban amenities. Explore nearby local shops, cozy restaurants, and a vibrant seasonal farmers market. For boating enthusiasts, Keeler Bay Marina is just next door, offering boat slips and boat ramp access. With common land and shoreline care managed by the homeowners association, this is a truly turnkey opportunity—one where the beauty of the lakefront meets effortless living. More than a property—this is your chance to live Lake Champlain life at its finest.
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Our Executive Mortgage Banker:
Our Insurance Division:
$339,050
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $271,240 | $271,240 | $271,240 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.019% | 7.050% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,692 | $1,782 | $2,271 |
Total Monthly Payment | $1,767 | $1,857 | $2,346 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.