NOT LISTED FOR SALE

816 Quarry Rd Isle La Motte, VT 05463

Estimated Value: $397,000 - $966,012

10.2 Acres
$64,804 Price per Acre
444,312 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $535,000

Est. 24% increase in value since last sale

Current estimated payment $3,952/month

68 Days on Market

Highlights

  • 800 Feet of Waterfront
  • Boat or Launch Ramp
  • Lake View
  • Beach Access
  • Boat Slip
  • 10.2 Acre Lot

About This Lot

As of November 2017

Fantastic Turnkey Campground/RV Park business for the entrepreneur or snowbirds alike! Incredible opportunity to own a lakeside campground nestled in beautiful Isle La Motte, VT. Minimal hours required for maintenance and upkeep during operating season of May 1 to Oct 1. Bring your own RV or build your own cabin and enjoy the summer while running the business. If the business looses is thrill, the property has already been subdivided and state permitted for 5 lakefront building lots, sell them or leave a legacy for your children. Operated as a family run campground since the 60’s and currently functioning as a 34 lot campground/rv park on 10.2+/- acres, this property comes equipped with permitted septic, water and electric hookups for all camp sites, great for seasonal and nightly rentals. Includes a newly installed state of the art water filtration system, two beaches, a dock for summer residents and 20 concrete moorings, this has been diligently constructed & maintained creating the perfect turn-key opportunity. Property features 800’ of waterfront. Live remotely or onsite atop one of these beautiful lots just feet from Lake Champlain. Current income is likely more than enough to cover expenses and mortgage. Seller has not maximized income for personal reasons and the 2016 income of 62K can be greatly expanded with increased campsite rental fees,18 mooring rentals, potential day fees and boat storage. Close to New York line, Canadian border and 1 hour from Burlington, VT

Last Agent to Sell the Property

Curtis Trousdale

Preferred Properties Brokerage Phone: 802-862-9106 License #081.0004552 Listed on: 06/15/2017

Last Buyer's Agent

Shawn Cheney

EXP Realty License #081.0133978

EXP Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,827

Lot Details

  • 10.2 Acre Lot
  • 800 Feet of Waterfront
  • Lake Front
  • Southeast Facing Home
  • Lot Sloped Up
  • Property is zoned No Town Zoning

Property Views

  • Lake Views
  • Countryside Views

Schools

  • Isle La Motte Elem. Elementary School
  • Grand Isle Middle School
  • Choice High School

Utilities

  • Well
  • Drilled Well
  • Septic Tank
  • Private Sewer
  • Satellite Dish

Community Details

  • Recreational Area
  • Beach Access
  • Access To Lake
  • Deep Water Access
  • Property is near a lake
  • Mooring
  • Boat or Launch Ramp
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$3,827

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Follow I-89 to US-2 W. Follow US-2 W roughly 27 miles – Just after North Hero Bridge to Alburgh turn left onto VT-129 W. Continue onto Main St. Turn left onto Quarry Road. See “Summer Place Lakeside Campground” sign, destination will be on your right.
  • Suitable Use: Commercial, Development Potential, Recreation, Residential
  • Exposure: East, South
  • Plan Survey Number: WW-6-1248
  • Price Per Sq Ft: 52450.98
  • Property Class: Land
  • Permit Number: WW-6-1248
  • Permit Status: State - Issued
  • Remarks Public: Fantastic Turnkey Campground/RV Park business for the entrepreneur or snowbirds alike! Incredible opportunity to own a lakeside campground nestled in beautiful Isle La Motte, VT. Minimal hours required for maintenance and upkeep during operating season of May 1 to Oct 1. Bring your own RV or build your own cabin and enjoy the summer while running the business. If the business looses is thrill, the property has already been subdivided and state permitted for 5 lakefront building lots, sell them or leave a legacy for your children. Operated as a family run campground since the 60’s and currently functioning as a 34 lot campground/rv park on 10.2+/- acres, this property comes equipped with permitted septic, water and electric hookups for all camp sites, great for seasonal and nightly rentals. Includes a newly installed state of the art water filtration system, two beaches, a dock for summer residents and 20 concrete moorings, this has been diligently constructed & maintained creating the perfect turn-key opportunity. Property features 800’ of waterfront. Live remotely or onsite atop one of these beautiful lots just feet from Lake Champlain. Current income is likely more than enough to cover expenses and mortgage. Seller has not maximized income for personal reasons and the 2016 income of 62K can be greatly expanded with increased campsite rental fees,18 mooring rentals, potential day fees and boat storage. Close to New York line, Canadian border and 1 hour from Burlington, VT
  • List Agent: 26047
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved, Unpaved
  • Easements: Yes
  • Features Exterior: Boat Launch, Boat Mooring, Boat Slip/Dock
  • Water Body Access: Owned
  • Water Body Name: Lake Champlain
  • Water Body Type: Lake
  • Water Frontage Length: 800
  • Shore Rights: Deeded, Lake Access
  • Water Access Details: Beach Access, Deep Water Access
  • Waterfront: Yes
  • Water Body Access 2: Yes

Utilities

  • Cable Company: Satellite
  • Electric: On-Site
  • Sewer: On-Site Septic Exists, Private
  • Water: Drilled Well, On-Site Well Exists
  • Electric Company: VELCO
  • Utilities: Satellite

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Grand Isle School District
  • Elementary School: Isle La Motte Elem. School
  • Middle School: Grand Isle School
  • High School: Choice
  • Elementary School: Isle La Motte Elem. School
  • High School: Choice

Lot Info

  • Lot Sq Ft: 444312
  • Lot Acres: 10.2
  • Lot Description: Country Setting, Deep Water Access, Lake Access, Lake Frontage, Lake View, Lakes, Recreational, Waterfront, Beach Access
  • Surveyed: Yes
  • Surveyed By: Peter H. Cross
  • Zoning: No Town Zoning
  • Total Lots: 1
  • Land Restrictions: Easement/Row
  • Deed Book: 51
  • Deed Page: 377-378
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Gross Amount: 3826.84
  • Tax Year: 2016

MLS Schools

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

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
11/17/2017 11/17/17 Sold $535,000 0.0% --
08/22/2017 08/22/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $535,000 -- --
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 -- $252,200 $137,300 $114,900
2023 $4,543 $252,200 $137,300 $114,900
2022 $4,738 $252,200 $137,300 $114,900
2021 $5,072 $252,200 $137,300 $114,900
2020 $4,952 $252,200 $137,300 $114,900
2019 $4,827 $252,200 $137,300 $114,900
2018 $4,519 $252,200 $137,300 $114,900
2017 $4,271 $214,000 $0 $214,000
2016 $4,168 $214,000 $0 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4641549

PrimeMLS

APN: 318-100-10679