NOT LISTED FOR SALE

135 Kibbe Point Rd South Hero, VT 05486

Estimated Value: $995,000 - $2,126,000

3.97 Acres
$427,433 Price per Acre
172,933 Sq Ft Lot

Last Sold November 09, 2018

Last sale price $325,000

Est. 427% increase in value since last sale

Current estimated payment $11,928/month

291 Days on Market

Highlights

  • 291 Feet of Waterfront
  • Lake View
  • High Speed Internet
  • Beach Access
  • 3.97 Acre Lot
  • Level Lot

About This Lot

As of November 2018

291 feet with big 180 degree views of the Green Mountains including Jay Peak, Mt. Mansfield & southern ranges! This big easterly broad lake view includes three islands to give perspective & visual interest. The sun & moon rising over the Green Mountains is amazing & during sunset the mountains light up! You'll find beautiful clear water of Lake Champlain in this area between the mainland of Vermont and the Champlain Islands of Vermont. Great for boating to islands & conserved land along the shoreline. Easy 20 minute drive to Burlington with restaurants & shopping. The lot is level, easy to build and will require easy to build stairs to the beachfront (attached stair concept under documents on this report). The beach is comprised of small shale rocks and some large slabs with easy access to the water from the beach for swimming and creating a dock system. Full south exposure is perfect for solar. The property is fully permitted with the State of Vermont for a 4 bedroom waste water system. The owners also have a building permit that is currently being updated with Shoreline Protection. The driveway has an easement to access the lot over the existing land at 135 Kibbe Point. This lakefront property is a rare commodity being this close to Burlington Vermont and is fully permitted. A great location to live on Lake Champlain in Vermont with huge views of the lake and Green Mountains. Easy level land to build! Owner will have Shoreline Act Permit by 7/1/2018.

Last Agent to Sell the Property

Kathleen OBrien

Four Seasons Sotheby's Int'l Realty License #082.0006036 Listed on: 12/17/2017

Last Buyer's Agent

Kathleen OBrien

Four Seasons Sotheby's Int'l Realty License #082.0006036 Listed on: 12/17/2017

Property Details

Property Type

  • Land

Lot Details

  • 3.97 Acre Lot
  • 291 Feet of Waterfront
  • Lake Front
  • East Facing Home
  • Level Lot

Property Views

  • Lake
  • Mountain

Outdoor Features

  • Beach Access
  • Access To Lake

Schools

  • Choice High School

Utilities

  • Underground Utilities
  • Propane
  • Private Water Source
  • Well Required
  • Soils Analysis Septic
  • Septic Tank
  • Septic Needed
  • Septic Design Available
  • Private Sewer
  • Leach Field
  • High Speed Internet
  • Phone Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Interstate 89 to Exit 17, follow Route 2 north over the causeway to right turn onto Kibbe Point Road before South Hero Village. Drive to the end of Kibbe Point Road and stay straight then left through the stone pillar gate. This lot is to the north of the house located at 135 Kibbe Point Road.
  • Suitable Use: Recreation, Residential
  • Exposure: East
  • Price Per Sq Ft: 81863.98
  • Property Class: Land
  • Permit Status: Local - Issued, State - Issued
  • Remarks Public: 291 feet with big 180 degree views of the Green Mountains including Jay Peak, Mt. Mansfield & southern ranges! This big easterly broad lake view includes three islands to give perspective & visual interest. The sun & moon rising over the Green Mountains is amazing & during sunset the mountains light up! You'll find beautiful clear water of Lake Champlain in this area between the mainland of Vermont and the Champlain Islands of Vermont. Great for boating to islands & conserved land along the shoreline. Easy 20 minute drive to Burlington with restaurants & shopping. The lot is level, easy to build and will require easy to build stairs to the beachfront (attached stair concept under documents on this report). The beach is comprised of small shale rocks and some large slabs with easy access to the water from the beach for swimming and creating a dock system. Full south exposure is perfect for solar. The property is fully permitted with the State of Vermont for a 4 bedroom waste water system. The owners also have a building permit that is currently being updated with Shoreline Protection. The driveway has an easement to access the lot over the existing land at 135 Kibbe Point. This lakefront property is a rare commodity being this close to Burlington Vermont and is fully permitted. A great location to live on Lake Champlain in Vermont with huge views of the lake and Green Mountains. Easy level land to build! Owner will have Shoreline Act Permit by 7/1/2018.
  • List Agent: 8283
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: Dead End, Gravel, Public, Unpaved
  • Easements: Yes
  • Water Body Access: Owned
  • Water Body Name: Lake Champlain
  • Water Body Type: Lake
  • Water Frontage Length: 291
  • Shore Rights: Deeded, Lake Access
  • Water Access Details: Beach Access
  • Waterfront: Yes
  • Water View: Yes
  • Water Body Access 2: Yes

Utilities

  • Electric: On Adjacent Property, Underground
  • Sewer: 1000 Gallon, Alternative System, Concrete, Leach Field - Mound, On-Site Septic Needed, Private, Pumping Station, Septic Design Available, Soil Test Available, Septic
  • Water: On-Site Well Needed, Private
  • Utilities: Dsl, Dsl - Available, Gas - Lp/Bottle, Telephone Available, Underground Utilities

Fee Information

  • Tax Class: Homestead

Schools

  • School District: Grand Isle School District
  • High School: Choice
  • High School: Choice

Lot Info

  • Lot Sq Ft: 172933
  • Lot Acres: 3.97
  • Lot Description: Lake Access, Lake Frontage, Lake View, Level, Mountain View, Water View, Waterfront, Beach Access
  • Row Parcel Access: Yes
  • Surveyed: Yes
  • Surveyed By: Warren Rubenstein
  • Zoning: Residential
  • Total Lots: 1
  • Land Restrictions: Waterfront
  • Deed Book: 97
  • Deed Page: 28-31
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 9636
  • Tax Year: 2017

MLS Schools

  • School District: Grand Isle School District

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $325,000 -6.9% --
10/04/2018 10/04/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $349,000 0.0% --
08/06/2018 08/06/18 Pending -- -- --
07/02/2018 07/02/18 Price Changed $349,000 -0.3% --
06/29/2018 06/29/18 Price Changed $350,000 +0.3% --
06/28/2018 06/28/18 Price Changed $349,000 -6.9% --
12/17/2017 12/17/17 For Sale $375,000 -- --
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

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 $30,520 $1,177,000 $522,500 $654,500
2023 $20,509 $1,177,000 $522,500 $654,500
2022 $25,256 $1,177,000 $522,500 $654,500
2021 $24,360 $1,177,000 $522,500 $654,500
2020 $24,309 $1,177,000 $522,500 $654,500
2019 $23,541 $1,177,000 $522,500 $654,500
2018 $23,594 $1,245,800 $594,000 $651,800
2017 $37,522 $2,028,300 $622,800 $1,405,500
2016 $36,978 $2,028,300 $622,800 $1,405,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4671194

PrimeMLS

APN: 603-189-10523