73 Lake Street, Shoreham, VT, 05770 | $357,900

Attention Snowbirds, Boaters and RV Enthusiasts! Your Ideal Retreat Awaits! Discover over 11 acres of land with 300+ feet of direct access to Lake Champlain. This property offers a concrete pad ready for your RV, topped with a 13-foot metal shelter. Additionally, you’ll find ‘The Lodge’—an accessory building designed for convenience, featuring 20-30-50 amp power hookups, town water, and private sewer. Inside ‘The Lodge, ’ enjoy a screened-in sunroom, a kitchenette area with wash sink, and a laundry space with a private restroom. The loft provides extra storage or guest accommodation, while a fenced-in area ensures your pets can enjoy the outdoors safely. The standout feature of this property is the 50'x60' Monitor-style barn, equipped with 200 amps of power and multiple overhead doors. This versatile space is perfect for storing boats and RVs or setting up a workshop. Will also accommodating your business needs, with 3, 000 square feet to utilize. Whether you’re looking to build a permanent home or a seasonal getaway, this property is an excellent choice, complete with a state-approved wastewater permit. Included is a galvanized dock system, a 24' pontoon boat, motor, and trailer, making lake access a breeze. Located just 15 miles from Middlebury for dining, shopping, and entertainment, and 47 miles from Burlington International Airport, this property offers both convenience and recreational opportunities. Come see where home could be! (RV pictured is NOT included in sale).

Features

  • Rooms: 3
  • Style: Cottage/Camp
  • Year Built: 2017
  • Garage: 10-car Garage
  • Heating: Electric,Mini Split
  • Cooling: Mini Split
  • Approx Sq. Feet: 360
  • Acreage: 11.8
  • Est. Taxes: $4,025
  • Lot Desc: Country Setting,Lake Frontage,Lake View,Mountain View,Open,Recreational,Waterfront,Wooded,Rural
  • Water Front: Yes
  • Elem. School: Shoreham Elementary School
  • Middle School: Middlebury Union Middle #3
  • High School: Middlebury Senior UHSD #3
  • MLS#: 5009892
  • Website: https://www.raveis.com
    /prop/5009892/73lakestreet_shoreham_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 11/21/2024
Listing courtesy of Adirmont Real Estate, LLC   Phone: 802-465-0110
Listing Agent: Stephanie Corey

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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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Our Insurance Division:

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73 Lake Street, Shoreham, VT, 05770

$357,900

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 $286,320 $286,320 $286,320
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 7.477% 7.159% 6.296%
Monthly Tax Payment $335 $335 $335
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,905 $1,903 $2,415
Total Monthly Payment $2,315 $2,313 $2,825

* 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.