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147 South Cove Road, Burlington, VT, 05401 | $1,650,000
If you've been dreaming of building your forever home on the shores of Lake Champlain with countless steps already taken care of, streamlining your ability to build, the opportunity you've been yearning for has finally arrived! This 0. 58-acre building lot rests on the serene shores of Lake Champlain, offering an unparalleled setting for your dream home and private, direct access to your very own 124' of coveted shoreline. The current structure on the property will be removed, leaving you with essential infrastructure in place including a driveway, waterline, sewer line, electrical conduit, communication conduit, and the original house site thoughtfully covered by fabric and gravel. Surrounded by numerous native trees, bushes, and perennial plants, the lot provides a natural, lush landscape that perfectly complements the incredible west-facing views of Lake Champlain, stunning in every season and at all times of the day. Enjoy the best of both worlds—peaceful lake life with direct access to the water and the convenience of Burlington living, with local attractions, amenities, and the bike path just minutes away! Situated on a quiet loop with no through traffic, this neighborhood is filled with families and caring neighbors, offering a strong sense of community. Wake up every day to the beauty of Lake Champlain and fall asleep to the soothing sound of waves lapping at the shore. Don't wait, reach out today to discover all of the possibilities this parcel offers!
Features
- Zoning: Lakeshore Residential
- Frontage: 108
- Lot Desc: Lake Access,Lake Frontage,Lake View,Level,Sidewalks,Subdivision,Trail/Near Trail,View,Water View,Waterfront
- Water Front: Yes
- Elem. School: Assigned
- Middle School: Edmunds Middle School
- High School: Burlington High School
- School District: Burlington School District
- MLS#: 5012073
- Website: https://www.raveis.com
/prop/5012073/147southcoveroad_burlington_vt?source=qrflyer
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 11/17/2024Listing courtesy of KW Vermont Phone: 802-654-8500
Listing Agent: Livian Vermont
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
147 South Cove Road, Burlington, VT, 05401
$1,650,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,495 | $8,235 | $11,050 |
| Total Monthly Payment | $7,620 | $8,360 | $11,175 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484