32 Phoebe Lane, #Lot 8, South Hero, VT, 05486 | $394,750

Ready to build your dream lakefront retreat this summer? Nestled on a hillside with sweeping easterly views of Keeler Bay on Lake Champlain, this rare South Hero homesite delivers the perfect canvas for custom lake life living. Wake up to stunning sunrises over the water and mountains every single morning. Set on 0. 25 acre of owned land with a shared interest in 2. 67 acres of waterfront common land spanning 529 feet of shoreline, this lot offers both privacy and a true sense of community. The hillside topography is a standout advantage, providing natural elevation for multi-story lake views and exceptional design flexibility. Whether you envision a larger home, a uniquely shaped build, lush gardens, or mature trees and outbuildings, this generously sized lot gives you the freedom to bring that vision to life. A direct access pedestrian path connects the property to the commonly owned waterfront, just moments from your front door. Positioned within a protected bay, the setting offers sweeping, year-round visual serenity across the lake and surrounding mountains. Best of all, the hard work is already done: approvals are in hand for a four-bedroom home, with town water, electricity, and the community septic system all fully in place and ready for immediate construction. Simply find your builder, submit your design to the HOA for approval, and begin the building process this year. Less than 25 minutes from Burlington, enjoy peaceful lakeside living with easy access to local shops, cozy restaurants, and a vibrant seasonal farmers market. Boating enthusiasts will love the adjacent Keeler Bay Marina, with boat slips and ramp access just steps away. Common land and shoreline maintenance are managed by the HOA, making this a truly turnkey opportunity. More than a lot. This is your chance to live Lake Champlain life at its finest.

Features

  • Zoning: Village
  • Lot Desc: Country Setting,Hilly,Lake Access,Lake View,Open,Sloping,Subdivision,View,Water View
  • Elem. School: Folsom Comm Ctr
  • Middle School: Folsom Ed. and Community Ctr
  • High School: Choice
  • School District: Grand Isle School District
  • MLS#: 5083327
  • Website: https://www.raveis.com
    /prop/5083327/32phoebelane_southhero_vt?source=qrflyer
©2026 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 5/30/2026
Listing courtesy of Four Seasons Sotheby's Int'l Realty   Phone: 802-864-0541
Listing Agent: Kelly Byers

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
  • 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.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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

Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

617.320.5687

Joel.Fanjoy@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

32 Phoebe Lane, #Lot 8, South Hero, VT, 05486

$394,750

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $315,800 $315,800 $315,800
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.866%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,891 $1,970 $2,601
Total Monthly Payment $1,966 $2,045 $2,676

* 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.