NOT LISTED FOR SALE

33 Pearl Bay Ln Grand Isle, VT 05458

Estimated Value: $707,000 - $976,000

2 Beds
2 Baths
1,963 Sq Ft
$406/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $550,000 $280 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,923/month

15 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake View
  • Secluded Lot
  • 150 Feet of Waterfront
  • Deck
  • Vaulted Ceiling

About This Home

As of October 2022

Set on top of a bluff, directly on Lake Champlain, is this rustic year-round home with outstanding lake and mountain views. This lakefront property is located on 0.83 acres with 150ft of gradual, east shore, lake frontage on Pearl Bay with quick access to the Inland Sea. Inside the home you will find wood details throughout and views of the water from almost every room. Downstairs features a galley kitchen that is just off of the main living/dining area. The wood stove is centrally located warming the main living areas. The large sun room has vaulted ceilings, large windows and plenty of room to fit your needs. Continuing on, there is one bedroom with a 3/4 ensuite, a bonus room and a full bathroom. Upstairs there is a large bedroom with cathedral ceilings. Store your tools and toys in the shed and 2 car garage. With over 1,900 this home has so much potential. An opportunity like this doesn't come often! Located in a great location with close proximity to the farmers market, local store, and recreation.

Last Agent to Sell the Property

Evan Potvin

Coldwell Banker Islands Realty License #081.0053571 Listed on: 08/11/2022

Coldwell Banker Islands Realty

Last Buyer's Agent

Evan Potvin

Coldwell Banker Islands Realty License #081.0053571 Listed on: 08/11/2022

Coldwell Banker Islands Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,116

Year Built

  • Built in 1950

Lot Details

  • 0.83 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front
  • Secluded Lot
  • Lot Sloped Up
  • Garden
  • Property is zoned Lakeshore Residential

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Lake
  • Mountain
  • Countryside Views

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,963 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Attic Fan
  • Laundry on main level

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Basement

  • Dirt Floor
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access To Lake
  • Nearby Water Access
  • Deep Water Access
  • Deck
  • Shed

Schools

  • Grand Isle Elementary School
  • Choice Middle School
  • Choice High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Propane
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Accessory Dwelling Unit (ADU)

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,116

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: W/Addition
  • Directions: From Burlington head north on I-89. Take exit 17 for US-2 toward US-7/Lake Champlain Iss/Milton 0.2 mi. Keep right at the fork, follow signs for US-2 W and merge onto US-2 W 14.3 mi. Turn right onto Pearl Bay Ln. Destination will be on the right. 3 min (0.7 mi)
  • Flood Zone: Unknown
  • Suitable Use: Recreation, Residential
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 280.18
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1950
  • Remarks Public: Set on top of a bluff, directly on Lake Champlain, is this rustic year-round home with outstanding lake and mountain views. This lakefront property is located on 0.83 acres with 150ft of gradual, east shore, lake frontage on Pearl Bay with quick access to the Inland Sea. Inside the home you will find wood details throughout and views of the water from almost every room. Downstairs features a galley kitchen that is just off of the main living/dining area. The wood stove is centrally located warming the main living areas. The large sun room has vaulted ceilings, large windows and plenty of room to fit your needs. Continuing on, there is one bedroom with a 3/4 ensuite, a bonus room and a full bathroom. Upstairs there is a large bedroom with cathedral ceilings. Store your tools and toys in the shed and 2 car garage. With over 1,900 this home has so much potential. An opportunity like this doesn't come often! Located in a great location with close proximity to the farmers market, local store, and recreation.
  • List Agent: 8856
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range - Electric, Stove - Gas
  • Equipment: Stove-Gas
  • Features Accessibility: 1st Floor 3/4 Bathroom, 1st Floor Full Bathroom, Paved Parking, Zero-Step Entry Ramp, 1st Floor Laundry
  • Features Interior: Ceiling Fan, Dining Area, Fireplace - Wood, Living/Dining, Vaulted Ceiling, Laundry - 1st Floor
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Manufactured
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Crawl Space, Dirt Floor
  • Level 1: Level 1: Bedroom, Level 1: Bonus Room, Level 1: Kitchen, Level 1: Living/Dining, Level 1: Office/Study
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living/Dining, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bonus Room, On Level: 1
  • Room 5: 1
  • Room 6: Bedroom, On Level: 1
  • Sq Ft - Apx Finished AG: 1963
  • Sq Ft - Apx Total: 1963
  • Sq Ft - Apx Total Finished: 1963

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Wood Siding
  • Foundation: Block
  • Roads: Gravel, Privately Maintained
  • Roof: Shingle
  • Easements: Unknown
  • Features Exterior: Deck, Garden Space, Natural Shade, Shed, Storage, Beach Access
  • Water Body Access: Yes
  • Water Body Type: Lake
  • Water Frontage Length: 150
  • Water Access Details: Deep Water Access, Directly Adjoining
  • Water Body Name 2: Lake Champlain
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Garage
  • Garage Type: Detached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Cota
  • Sewer: Concrete, Metal, On-Site Septic Exists
  • Water: Public
  • Water Heater: Electric, Owned, Tank
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Baseboard, Electric, Monitor Type
  • Cooling: Attic Fan
  • Electric Company: VEC
  • Utilities: Cable, Gas - Lp/Bottle, Internet - Cable

Condo/Co-op/Association

  • Restrictions: None

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 36155
  • Lot Acres: 0.83
  • Lot Description: Country Setting, Deep Water Access, Lake Access, Lake Frontage, Lake View, Mountain View, Secluded, View, Water View, Waterfront
  • Owned Land: Yes
  • Row Parcel Access: Yes
  • Surveyed: Unknown
  • Zoning: Lakeshore Residential
  • Deed Book: 91
  • Deed Page: 481-482
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Year Notes: 2021-2022
  • Tax Gross Amount: 9116
  • Tax Year: 2022

MLS Schools

  • School District: Grand Isle School District
  • School Middle Jr: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 7, 2022
Sold by
Nowak Margaret
Bought by
The Elizabeth Lambert 2022 Revocable Tru and The James Lambert 2022 Revocable Trust
Seller's Agent
Evan Potvin
Coldwell Banker Islands Realty
Buyer's Agent
Evan Potvin
Coldwell Banker Islands Realty
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Views
29
Current Estimated Value
$797,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,214
Avg. Annual Appreciation
13.11%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Elizabeth Lambert 2022 Revocable Tru $550,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $550,000 -8.2% $280 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $599,000 -- $305 / Sq Ft
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 $7,350 $459,600 $302,500 $157,100
2023 $7,350 $459,600 $302,500 $157,100
2022 $8,906 $459,600 $302,500 $157,100
2021 $9,116 $459,600 $302,500 $157,100
2020 $8,921 $459,600 $302,500 $157,100
2019 $8,286 $459,600 $302,500 $157,100
2018 $8,048 $459,600 $302,500 $157,100
2017 $8,004 $459,600 $302,500 $157,100
2016 $8,247 $459,600 $302,500 $157,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4925104

PrimeMLS

APN: 255-081-10605