123 Lake St Swanton, VT 05488
Estimated payment $3,340/month
Highlights
- RV Access or Parking
- Wooded Lot
- Gazebo
- 11.85 Acre Lot
- Wood Flooring
- Patio
About This Home
Three Homes in one! Incredible opportunity for house hackers, investors, and homesteaders. This 11.85-acre property, zoned R1 (minimum 1-acre lots) for subdivision potential, offers over 3,300 sqft living space across 3 units - each with its own electric meter and 1st floor laundry. Reliable M2M tenants in the back house & side apt. Owner occupants - move right into the large unit with concrete basement, great for workspace & storage. Two front units feature pellet stoves as cozy backup heating. Oil heat is primary for all. With woods and level pasture, this land is perfect for a hobby farm, horses, or a hunting/gathering. It borders a Wildlife Sanctuary for privacy, views, and woodland friends. Includes over 1,400 feet of road frontage, 2 driveways, 2 sheds, garden space, 2 garages, and gazebo. Stone throw to Lake Champlain for boating and fishing. Minutes to Swanton Village amenities, St. Albans City, & the Canadian border. 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 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
- Level Lot
- Wooded Lot
- Garden
Parking
- 1 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
- Basement
- Interior Basement Entry
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Outdoor Features
- Patio
- Gazebo
- Shed
Schools
- Swanton Elementary And Middle School
- Missisquoi Valley Uhsd #7 High School
Community Details
Overview
- 3 Units
Building Details
- 2 Leased Units
- Gross Income $31,800
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 |
|---|---|---|---|---|
| 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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