$374,900
$125K PRICE DROP

41 Lake Dr South Hero, VT 05486

Estimated payment $2,540/month

Total Views 8,963
0.22 Acre
$1,704,091 Price per Acre
9,583 Sq Ft Lot

Highlights

  • Lake Front
  • Beach Access
  • Lake, Pond or Stream

About This Lot

VIEWS, VIEWS, VIEWS, looking west from the shores of Lake Champlain with a commanding view of the Island Bike Trail to Stave, Providence and Valcour Islands all framed by the Adirondack Mountains and endless sunsets. This .22 acre lakefront building lot is in a highly desirable neighborhood on a dead end road and has some of the best views in all of Grand Isle County. The property has 70+/- ft of shoreline and is currently permitted (VT WW-6-4529) for a 1 bedroom, seasonal home. A new stone retaining wall, lakeside terrace and water line have already been installed. There is an approved building package available or you can bring your own dreams to the town for approval.
Moments to the bike path, 5 minutes to area restaurants and shopping and just 20 minutes to Burlington. This property is well worth taking a look at!

Listing Agent

Michael Ryan

Apple Island Real Estate License #082.0104678 Listed on: 04/23/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,516

Lot Details

  • 9,583 Sq Ft Lot
  • Lake Front
  • Property is zoned Shoreland Residential

Property Views

  • Lake
  • Mountain

Outdoor Features

  • Beach Access
  • Access To Lake
  • Nearby Water Access
  • Electricity Available at Street
  • Lake, Pond or Stream

Utilities

  • The lake is a source of water for the property
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$6,516

Lot Details

0

Listing Details

  • Directions: From US RT 2 in South Hero turn onto South St then a right on Martin Rd. The property is approximately 1/4 mile down on the rleft.
  • Resort: No
  • Property Type: Land
  • Display On Internet: High Speed Intrnt Avail
  • ResoLotFeatures: Lake Access, Lake Frontage, Lake View, Mountain View, Views, Water View, Waterfront, Beach Access
  • Road Frontage Type: Gravel
  • MLS Status: (10) Active - Active
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Water_Body_Access: Yes
  • Water_Body_Type: Lake
  • Water_View: Yes
  • Water_Access_Details: Directly Adjoining
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Water Body Name: Lake Champlain
  • Waterfront: Yes

Utilities

  • Electric: At Street
  • Sewer: On-Site Septic Needed
  • Utilities: None
  • Water Source: Lake/Pond

Lot Info

  • Surveyed: Yes
  • Zoning: Shoreland Residential
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,516 $251,300 $212,000 $39,300
2023 $4,379 $251,300 $212,000 $39,300
2022 $5,392 $251,300 $212,000 $39,300
2021 $5,201 $251,300 $212,000 $39,300
2020 $5,190 $251,300 $212,000 $39,300
2019 $5,026 $251,300 $212,000 $39,300
2018 $4,562 $240,900 $212,000 $28,900
2017 $4,456 $240,900 $212,000 $28,900
2016 $4,392 $240,900 $212,000 $28,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Price Changed $374,900 -6.3% --
07/14/2025 07/14/25 Price Changed $399,900 -5.9% --
06/30/2025 06/30/25 Price Changed $424,900 -5.6% --
05/20/2025 05/20/25 Price Changed $449,900 -10.0% --
04/23/2025 04/23/25 For Sale $499,900 +42.8% --
06/20/2022 06/20/22 Sold $350,000 -12.5% $648 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $400,000 +14.3% $741 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/13/2022 04/13/22 Off Market $350,000 -- --
08/13/2021 08/13/21 For Sale $400,000 -- $741 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Deed $1,000 --
Deed -- --
Deed $350,000 --
Deed $350,000 --
Source: Public Records

Source: PrimeMLS

MLS Number: 5037435

PrimeMLS

APN: 603-189-10542