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287 Lakeview Drive, Derby, VT, 05829 | $389,000
Set on a spacious open lot in Derby, this well-maintained split-level home offers a functional layout with updated features and flexible living space throughout. The main level includes the kitchen, dining area, 3 bedrooms, and a full bath, creating a comfortable setup for everyday living. Just a half-level down, the sun-filled living room offers its own separate space to relax and unwind, complete with large windows and a sleek in-wall electric fireplace that adds warmth and character. Off the dining area, the recently added back deck provides the perfect place for outdoor dining, entertaining, or enjoying the backyard. Recent improvements include new siding, windows, gutters, flooring, entry porch, a brand-new roof, and replacement of the oil tank, offering added value and peace of mind. The lower level continues to expand the living space with a bonus room featuring daylight windows and a nearby ¾ bath—ideal for guests, hobbies, or a private retreat. An additional large room offers plenty of flexibility for a home office, gym, game room, or media space. The attached 2-car garage under the home adds convenience along with additional storage space. Conveniently located close to schools, shopping, Lake Memphremagog, and the Memphremagog Trails, this property offers easy access to year-round recreation including biking, walking, and skiing. Move-in ready and thoughtfully updated, this Derby home is ready for its next chapter.
Features
- Rooms: 7
- Bedrooms: 3
- Baths: 1 full / 1 three-quarter
- Style: Contemporary,Split Level
- Year Built: 1988
- Garage: 2-car Garage
- Heating: Oil
- Cooling: None
- Basement: Finished
- Approx Sq. Feet: 1,752
- Acreage: 1.37
- Est. Taxes: $3,264
- Lot Desc: Level,Open
- Elem. School: Derby Elementary
- Middle School: North Country Junior High
- High School: North Country Union High Sch
- School District: North Country Supervisory Union
- MLS#: 5090514
- Website: https://www.raveis.com
/prop/5090514/287lakeviewdrive_derby_vt?source=qrflyer
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 5/23/2026Listing courtesy of Century 21 Farm & Forest/Burke Phone: 802-626-4222
Listing Agent: Emma Gunn
William Raveis Family of Services
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888.699.8876
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
287 Lakeview Drive, Derby, VT, 05829
$389,000
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 | $311,200 | $311,200 | $311,200 |
| 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 | $272 | $272 | $272 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,916 | $1,965 | $2,584 |
| Total Monthly Payment | $2,263 | $2,312 | $2,931 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484