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Set along the shores of Lake Memphremagog in Derby, this bright and thoughtfully designed home offers a rare combination of quality craftsmanship, recreation, and scenic beauty. Built in 2009, the property sits on 1. 29 acres with direct access to the recreational path right from your backyard—connecting you to the Memphremagog Trails, Bluffside Farm, Eagle Point Wildlife Refuge, and Lake Memphremagog. Inside, the home features a warm and inviting layout with maple hardwood and travertine floors, solid wood doors, and detailed custom finishes throughout. The kitchen is well-equipped with cherry cabinetry, stainless appliances, and a generous island that flows seamlessly into the dining and living areas. Large glass doors capture sweeping lake and mountain views while filling the space with natural light. Designed with gathering in mind, the outdoor living area includes a spacious deck, pergola, and an in-ground pool with cabana—ideal for relaxing or entertaining. Enjoy shared lake access with 50 feet of frontage (leased with a neighboring property owner), complete with a dock. The main level also includes a welcoming foyer, formal dining, sitting room with gas fireplace, and a mudroom off the heated two-car garage. Upstairs, the primary suite offers a spa-like bath and private balcony positioned perfectly for sunset views. Additional bedrooms provide ample space for guests, including multiple en suite options. A finished third level creates a great retreat, office or lounge space. The full basement offers excellent potential for expansion, with partially finished walls and open space ideal for a gym, recreation room, or future theater. If you are looking for an easy move, furnishings are negotiable (see list of available items). Property is located just a short drive to Jay Peak Resort and near VAST and VASA Trails, and Newport Country Club so here is your opportunity to enjoy lake living with year-round recreation.
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 5/1/2026Our 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.
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$989,000
William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $791,200 | $791,200 | $791,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,023 | $1,023 | $1,023 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,492 | $4,807 | $6,677 |
| Total Monthly Payment | $5,607 | $5,922 | $7,792 |
* 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.