About this home
Waterfront development opportunity!! Discover the possibilities with this exceptional 1.59-acre parcel offering approximately 390 feet of owned shoreline on beautiful Pensioner Pond in Charleston, Vermont. Whether you're looking for an investment opportunity, future income-producing property, or a special waterfront retreat in Vermont’s Northeast Kingdom, this property offers a unique head start with significant planning already completed. The property is approved for a 4-unit multifamily dwelling, consisting of two 2-bedroom units and two 1-bedroom units. The project has not yet been constructed, allowing the new owner the opportunity to bring the approved plans to life. State-approved plans are already in place for a subsurface leach field and drilled well, taking important steps out of the development process. Adding to the property's potential, the Town of Charleston has no municipal zoning and does not issue town zoning permits, although all applicable Vermont state regulations and permitting requirements still apply. The setting is what truly makes this property stand apart. Pensioner Pond encompasses approximately 170 acres and reaches a maximum depth of 39 feet. Vermont Fish & Wildlife maintains a public fishing access on the pond, and its waters support brook trout, bullhead, chain pickerel, smallmouth bass, and yellow perch. With opportunities for fishing, paddling, boating, wildlife watching, and simply enjoying life along the water, Pensioner Pond provides the classic Northeast Kingdom recreational experience.
Listing last checked: Listing updated:
Listed by Craig Crawford · Jim Campbell Real Estate · MLS #5111012
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Details at a glance
Interior1 property facts
- Basement
- Not reported
Building1 property facts
- Style
- Other
Land & utilities5 property facts
- Lot size
- 1.59 acres
- Sewer
- Septic Tank
- Waterfront
- Y
- Pool
- Not reported
- Zoning
- Charleston - None
Financial2 property facts
- Annual taxes
- $3,068
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $197,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,252 / monthAdjust
- Principal & interest
- $996
- Property tax
- $256
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,068. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Photo-based condition insights
Overall presentation: poor
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About 2970 VT Route 105
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