123 Lake St Swanton, VT 05488
Estimated payment $3,337/month
Highlights
- RV Access or Parking
- Wooded Lot
- Gazebo
- 11.85 Acre Lot
- Wood Flooring
- Snowmobile Trail
About This Home
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. Owners occupy the expansive 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 for all. With woods and level pasture, this large lot of land is perfect for a hobby farming, horses, or a hunting/gathering lifestyle. It borders a Wildlife Sanctuary for privacy, views, and woodland friends. Includes over 1,400 feet of road frontage, 2 driveways, 2 garages, shed, garden space, and gazebo. Located a stone-throw to Lake Champlain for boating and fishing. Only a few minutes 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 have made many improvements, including a renovated 1st floor in the main house. 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. Motivated sellers.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,081
Year Built
- Built in 1977
Lot Details
- 11.85 Acre Lot
- Landscaped
- Level Lot
- Wooded Lot
- Garden
Parking
- 2 Car Garage
- Heated Garage
- Gravel Driveway
- RV Access or Parking
- Deeded Parking
Home Design
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- Property has 1 Level
- Property Views
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Basement
- Interior Basement Entry
- Basement Storage
Outdoor Features
- Patio
- Gazebo
- Shed
Location
- Property near a hospital
- Property is near shops
Schools
- Swanton Elementary And Middle School
- Missisquoi Valley Uhsd #7 High School
Farming
- Pasture
- Horse Farm
Utilities
- No Cooling
- Pellet Stove burns compressed wood to generate heat
- Heating System Uses Oil
- Electric Water Heater
- Septic Tank
- Private Sewer
- Phone Available
Community Details
Overview
- 3 Units
Recreation
- Snowmobile Trail
Building Details
- 2 Leased Units
- Gross Income $41,652
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,392 | $273,500 | $76,900 | $196,600 |
| 2023 | $5,495 | $273,500 | $76,900 | $196,600 |
| 2022 | $4,269 | $273,500 | $76,900 | $196,600 |
| 2021 | $4,436 | $273,500 | $76,900 | $196,600 |
| 2020 | $4,508 | $273,500 | $76,900 | $196,600 |
| 2019 | $4,180 | $273,500 | $76,900 | $196,600 |
| 2018 | $4,161 | $273,500 | $76,900 | $196,600 |
| 2017 | $4,156 | $273,500 | $76,900 | $196,600 |
| 2016 | $4,003 | $273,500 | $76,900 | $196,600 |
| 2015 | -- | $2,726 | $0 | $0 |
| 2014 | -- | $2,726 | $0 | $0 |
| 2013 | -- | $2,726 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/04/2026 03/04/26 | Price Changed | $530,000 | -2.8% | $201 / Sq Ft |
| 11/22/2025 11/22/25 | Price Changed | $545,000 | -2.5% | $207 / Sq Ft |
| 09/10/2025 09/10/25 | Price Changed | $559,000 | -3.5% | $212 / Sq Ft |
| 08/06/2025 08/06/25 | For Sale | $579,000 | -- | $220 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $70,000 | -- | |
| Grant Deed | $70,000 | -- |
Source: PrimeMLS
MLS Number: 5055086
APN: 639-201-11403
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Ask me questions while you tour the home.