118 Capital Hill Drive, Shoreham, VT, 05491 | $359,000

Ready for summer days, weekend escapes, or income from day one, this inviting retreat sits on a quiet bay with 60 ft of frontage, offering direct water access, a floating dock, and easy indoor-outdoor flow—perfect for kayaking, casting a line, or simply soaking in the setting. Relax under the powered pergola, entertain on new Trex decking, or unwind by the stone fire pit. Inside, bright open living is complemented by flexible sleeping—2BR + bonus room, loft, and convertible spaces to host with ease. Lovingly maintained and thoughtfully improved, the home reflects the seller’s pride of ownership, with quality updates throughout and a welcoming feel guests have come to appreciate through its strong Airbnb history. Thoughtful updates include 2016 renovations expanding the living space, a detached garage added in 2019, and recent improvements to drainage, decking, window, and hybrid hot water heater (2024), plus mini-split heat/AC and pellet stove for extended-season comfort. Connected to town water with a 1, 000-gallon septic system. Detached garage plus available golf cart and backhoe offer added convenience and versatility. Offered fully furnished with strong Airbnb history—step in and start enjoying or earning immediately. Set in a quieter bay ideal for kayaking, fishing, and relaxed lake days, with bonus access to the local Causeway for an extra spot to swim and fish, plus nearby boat launch access—both just a short walk or golf cart ride away. A modest $50 annual road maintenance fee, extremely low property taxes, and long-term 99-year land lease (30+/- years remaining) support simple, low-key ownership within a sizable and longstanding Lake Champlain camp community enjoyed seasonally and year-round alike for generations. Nearby: Shoreham Village (local market, dining), Bridport & Orwell (shops, essentials), Middlebury (approx. 20 min: restaurants, hospital, Middlebury College)

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 three-quarter
  • Style: Cottage/Camp
  • Year Built: 1956
  • Garage: 1-car Garage
  • Heating: Pellet Stove,Heat Pump
  • Cooling: Mini Split
  • Approx Sq. Feet: 736
  • Acreage: 0.14
  • Est. Taxes: $1,995
  • Lot Desc: Lake Frontage,Lake View,Mountain View,Waterfront
  • Water Front: Yes
  • Elem. School: Bridport Central School
  • Middle School: Middlebury Union Middle #3
  • High School: Middlebury Senior UHSD #3
  • School District: Addison Central
  • MLS#: 5086985
  • Website: https://www.raveis.com
    /prop/5086985/118capitalhilldrive_shoreham_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 5/22/2026
Listing courtesy of BHHS Vermont Realty Group/Middlebury   Phone: 802-388-9836
Listing Agent: Sue Walsh

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NMLS Mortgage Loan Originator ID 81725

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118 Capital Hill Drive, Shoreham, VT, 05491

$359,000

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 $287,200 $287,200 $287,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $166 $166 $166
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,768 $1,813 $2,385
Total Monthly Payment $2,009 $2,054 $2,626

* 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.