Price Reduced 5.87%

$545,000 ($207.07 per sqft)

Est. Mortgage $2,579/mo *

Quick Pre-Approval

Listing courtesy of Tami Lantz, Sherwood Real Estate 802-782-0821


Price History

$579,000
8/4/2025

$559,000
9/10/2025

$545,000
11/22/2025

$559,000
11/23/2025

$545,000
11/25/2025


123 Lake Street, Swanton, VT, 05488

123 Lake Street, Swanton, VT, 05488

17 rooms

6 beds

3 Full baths

1977

Multi-Level

2,632 sqft

Three Homes in one! Incredible opportunity for house hackers, investors, and homesteaders. This 11.85-acre property, zoned R1 (minimum 1-acre lots) for subdivision potential, offers over 3,300 sqft living space across 3 units - each with its own electric meter and 1st floor laundry. Reliable M2M tenants in the back house & side apt. Owner occupants - move right into the large unit with concrete basement, great for workspace & storage. Two front units feature pellet stoves as cozy backup heating. Oil heat is primary for all. With woods and level pasture, this land is perfect for a hobby farm, horses, or a hunting/gathering. It borders a Wildlife Sanctuary for privacy, views, and woodland friends. Includes over 1,400 feet of road frontage, 2 driveways, 2 sheds, garden space, 2 garages, and gazebo. Stone throw to Lake Champlain for boating and fishing. Minutes to Swanton Village amenities, St. Albans City, & the Canadian border. 1 hour to Montreal & 40 minutes to Burlington. Property is ideally positioned to capture strong rental demand in a high-traffic, quintessential New England vacation and outdoor adventure destination. Owners have made many improvements, including a renovated 1st floor in the main house. There are three additional unfinished 3rd floor rooms in the front apt - one plumbed for a bathroom - offering potential for a 4th unit or larger owner quarters. *Newer features* - roof, vinyl siding, knotty pine walls, updated electric, trim & paint. Motivated sellers.


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

Res

Frontage:

1414

Garage:

1-car Garage

Heating:

Oil, Pellet Stove

Cooling:

None

Basement:

Concrete, Concrete Floor, Interior Stairs, Storage Space, Sump Pump

Parking:

Heated Garage, Deeded, Driveway, On-Site, Parking Spaces 6+, Paved, RV Access/Parking

Acreage:

11.85

Est. Taxes:

$6,081

Lot Description:

Country Setting,Horse/Animal Farm,Field/Pasture,Landscaped,Level,Major Road Frontage,Recreational,View,Wooded,Near Shopping,Near Hospital,Near ATV Trail

Elementary School:

Swanton School

Middle School:

Swanton School

High School:

Missisquoi Valley UHSD #7

MLS #:

5055086


Community Info

School Info

Walk Score

Mass Transit

Yelp