Agent profile image in chat bubble
Agent profile image in chat header

Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

Agent profile image in message

40 Rachel Way Lot 1 , South Hero, VT 05486
$394,750
Est. Payment: $877.22/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 158
Get Pre-Qualified
1293 - 625193,8178
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

Ready to build your dream lakefront retreat this summer? Nestled on the shores of Lake Champlain in the heart of South Hero, this rare opportunity lets you craft a custom waterfront escape on your schedule. Set on 0.32 acre of owned land with a shared interest in 2.67 acres of waterfront common land spanning 529 feet of shoreline, this homesite offers both privacy and community in one stunning package. Positioned at the end of a quiet, dead-end road, the east-facing lot delivers sweeping, year-round views of the lake and surrounding mountains, with front-row seats to stunning sunrises over Keeler Bay every morning. All the hard work is done. Infrastructure is fully developed, development permits are in hand, and approvals are in place for a four-bedroom home, town water, electricity, and the community septic system. Break ground this season. The larger lot size gives you room to spread out, with space for gardens, a portable shed, and parking. Keeler Bay Marina sits right next door, offering boat slips, ramp access, and beautiful marina views, with convenient overflow guest parking available in the adjacent marina lot. Common land and shoreline maintenance are managed by the homeowners' association, making this a truly turnkey opportunity. All of this is just under 25 minutes from Burlington, with local shops, restaurants, and a vibrant seasonal farmers market nearby. This is your chance to live Lake Champlain life at its finest.

Highlights

Listed by Kelly J Byers , 802-864-0541 and Mary Palmer , 802-846-0541 Four Seasons Sotheby's Int'l Realty , 802-864-0541.

Property Type

Vacant Land

Lot/Acreage
0.32

County

Grand Isle

School District

Grand Isle School District

Listing ID

5083330

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Country Setting,Lake Access,Lake View,Open,Subdivision,View,Water View,Waterfront,Lake Champlain, Waterbody Type: Lake, Waterbody Access: Shared, Waterfront: 529 ft
Zoning:Village
Others:
  • Additional:Directly Adjoining, Shared-Private
Sewer:Community,Mound,On-Site Septic Exists,Septic
Principal Interest
$877
Taxes
$252

Home Price

$394,750

Loan Details

30 yrs
%

Down Payment

20%
$78,950
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$877.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $877.22 $251.65 $0.00 $1,128.88
Yearly $10,526.67 $3,019.84 $0.00 $13,546.50
Total $315,800.00 $90,595.13 $0.00 $406,395.13

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
Market insight data is pulled from the same city as the listing being viewed (South Hero, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.