$489,000
 $2,625 est/mo Sourced by Back At You

123 Lake Street,Swanton, VT 05488

Swanton, VT 05488

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Description

Three homes in one! Incredible opportunity for house hackers, investors, and homesteaders. This extraordinary 11.85-acre property, zoned R1 (minimum 1-acre lots) for HUD/subdivision potential, offers over 3,500 sqft living space across 3 units - each with its own electric meter and 1st floor bedroom, bath, & laundry. Reliable M2M tenants in the back house & side apt - bringing in $3,471/month. Two driveways for privacy and also future development possibilities. Owners occupy the expansive 3-bed, 1.5 bath front apt, and they plan to move upon property transfer, providing the opportunity for new owners to move right into the large unit with clean, concrete basement, which is a great workspace during the winter months. Two front units feature pellet stoves as cozy backup heating. Oil heat is primary heating source. With woods and level pasture, this large lot of land is perfect for a hobby farming, horses, or a hunting/gathering lifestyle. Bordering a Wildlife Sanctuary, this amazing property has privacy, views, and plentiful woodland friends. If you're searching for the hunting and gathering lifestyle, you've found it! Includes over 1,400 feet of road frontage, 2 garages, shed, garden space, and gazebo. Located a stone-throw to Lake Champlain at Maquam Shore for boating and fishing. Just down the road to Swanton Village amenities, St. Albans City, & the Canadian border at Quebec. 1 hour to Montreal & 40 minutes to Burlington. Property is ideally positioned to capture strong rental demand in a high-traffic, quintessential New England vacation and outdoor adventure destination. Owners are continuing to renovate the 1st floor in the front apartment. There are three additional unfinished 3rd floor rooms in the "attic" of the front apt - one plumbed for a bathroom - offering potential for a 4th unit or larger owner quarters. *Newer features* - roof, vinyl siding, knotty pine walls, updated electric, trim, paint, and new kitchen flooring. Motivated sellers.

Details

MLS #5055086
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
Status(10) Active - Active
Year1977
Days On Site431
Listing Provided BySherwood Real Estate | Tami Lantz

Features

Garage2
BasementY
Story(s)1
Units3
ZoningRes
Acreage11.85

Interior

CoolingNone
HeatingOil, Pellet Stove
AppliancesElectric Water Heater, Owned Water Heater, Separate Water Heater

Exterior

Exterior FeaturesGarden, Gazebo, Natural Shade, Patio, Shed, Storage
RoofMetal
Construction MaterialsWood Frame, Vinyl Siding
Foundation DetailsConcrete
Lot FeaturesCountry Setting, Horse/Animal Farm, Pasture, Landscaped, Level, Major Road Frontage, Recreational, Views, Wooded, Near Paths, Near Shopping, Near Snowmobile Trails, Near Hospital, Near ATV Trail

Parking

Garage Yes / NoYes
Parking FeaturesHeated Garage, Deeded, Driveway, On Site, Parking Spaces 6+, Paved, RV Access/Parking

Utilities

UtilitiesPhone Available
ElectricCircuit Breakers
SewerPrivate, Septic Tank

Taxes

Tax Annual Amount6081
Tax Year2024

Area Information

StateVT
CountyFranklin
CitySwanton
Zip Code05488
AreaVT Franklin
Elementary SchoolSwanton School
High SchoolMissisquoi Valley UHSD #7
Sourced by Back At You

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Learn More About This Property

StateVT
CountyFranklin
CitySwanton
Zip Code05488
AreaVT Franklin
Elementary SchoolSwanton School
High SchoolMissisquoi Valley UHSD #7
Sourced by Back At You
Listing Updated: October 2, 2026 at 3:00:28 PM PDT