43 Gifford Lane, South Hero, VT, 05486 | $780,000

Come see this historic lakefront camp in person to experience its nostalgic charm and serene location, then explore its possibilities! Have you been yearning to establish a lakeside family compound? How about an investment property for short-term rentals? Or a great artist or health retreat? You don’t need to just imagine any more! Built in the 1920s, the lodge and 2 cottages retain their original charm, yet have been updated to last another 100+ years. Step back in time to the original camp's expansive kitchen with original built-ins, a vaulted ceiling, a cook's stove, and gleaming Douglas fir floors that extend throughout the home. Off the kitchen is a 1/2 bath with clawfoot tub and a separate laundry room. The great room has vaulted ceilings, windows with western views of the lake, and a restored fireplace. Retreat to the screened porch that runs the full length of the house. Down a hallway are 3 bedrooms and 3/4 bath with insulation and heat to extend the season. "Silver" cottage is a studio with 3/4 bath and "Toppel" cottage has 2 bedrooms and 1/2 bath. Gradual stairs bring you to your 232' of direct lakefront. There’s also common land and an additional 136' of gradual shore just up the road. Play lawn games, swim, and boat, then retreat indoors to play pool, board games, and cards while a fire crackles in your great room. This historic and charming property comes furnished with original artifacts from the camp. Years of summer dreams are waiting here!

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 1 three-quarter / 1 half
  • Style: Cottage/Camp,Historic Vintage
  • Year Built: 1920
  • Garage: 1-car Garage
  • Heating: Electric
  • Cooling: None
  • Basement: Gravel,Exterior Access
  • Approx Sq. Feet: 2,148
  • Acreage: 1.6
  • Est. Taxes: $14,461
  • Lot Desc: Beach Access,Lake Frontage,Lake View,Secluded,Water View,Waterfront
  • Water Front: Yes
  • Elem. School: Folsom Comm Ctr
  • Middle School: Folsom Ed. and Community Ctr
  • High School: Choice
  • School District: Grand Isle School District
  • MLS#: 4976368
  • Website: https://www.raveis.com
    /prop/4976368/43giffordlane_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 5/17/2024
Listing courtesy of Coldwell Banker Islands Realty   Phone: 802-372-5777
Listing Agent: Ingrid Hedbor

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NMLS Mortgage Loan Originator ID 793093

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Brian.Skelly@raveis.com

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43 Gifford Lane, South Hero, VT, 05486

$780,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $624,000 $624,000 $624,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.133% 6.256%
Monthly Tax Payment $1,205 $1,205 $1,205
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,257 $4,147 $5,262
Total Monthly Payment $5,554 $5,444 $6,559

* 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.