109 Phoebe Lane, South Hero, VT, 05486 | $345,900

Located at the end of a private road is your opportunity to build your dream lakefront home. 109 Phoebe Lane contains an owned 0. 11 acres and a shared interest in 2. 67 acres of common land with 7 other residents. The common land includes 529ft of shoreline on Keeler Bay of Lake Champlain in the village of South Hero, Vermont. The building site is ready for immediate construction with a septic design for a 2 bedroom home and utilities already in place. There are trees to the south side of the lot giving you privacy. For boating enthusiasts, Keeler Bay Marina is just next door with boat slips and a boat ramp. Just up the hill is a food truck and local farm stand. The property is conveniently located near local stores, restaurants, farmers markets and just 25 minutes to Burlington, Vermont. Come see the possibilities and visit this property today!

Features

  • Zoning: Shoreland District
  • Lot Desc: Country Setting,Lake Access,Lake View,Subdivision,View,Water View,Beach Access
  • Elem. School: Folsom Comm Ctr
  • Middle School: Folsom Ed. and Community Ctr
  • High School: Choice
  • School District: Grand Isle School District
  • MLS#: 4992050
  • Website: https://www.raveis.com
    /prop/4992050/109phoebelane_southhero_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/5/2024
Listing courtesy of Coldwell Banker Islands Realty   Phone: 802-372-5777
Listing Agent: Evan Potvin

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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109 Phoebe Lane, South Hero, VT, 05486

$345,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

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 $276,720 $276,720 $276,720
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,841 $1,839 $2,334
Total Monthly Payment $1,916 $1,914 $2,409

* 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.