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Bean Group
Offered at $1,070,000Active
beds
5
baths
3
sq ft
2,376
Built
2002

98 100 Nanas Lane

Concord, VT 05824

About this home

Investment opportunity meets Vermont lakefront living. Offered together, these two separately deeded waterfront properties on Miles Pond present a rare opportunity for investors, those completing a 1031 exchange, or buyers seeking a private family compound with built-in income potential. The offering includes a year-round 3-bedroom, 2-bath home, a fully furnished 2-bedroom seasonal cottage with an established short-term rental history, two private docks, a 30' x 40' garage with an unfinished second level, and a fully paid-off solar array serving the properties through shared net metering. The seasonal cottage has a proven five-year, five-star rental history, generating seasonal income while offering flexibility for personal use, guests, or continued vacation rentals. The paid-off solar system helps reduce operating expenses across both homes and the garage, while the separate deeds provide long-term flexibility for future ownership, investment, or estate planning goals. The year-round home offers beautiful mountain views, direct waterfront access, comfortable living spaces, and its own private dock. The seasonal cottage also enjoys private waterfront access with its own dock, allowing each residence to function independently while creating an exceptional overall property for extended family, shared ownership, or rental opportunities. The oversized 30' x 40' garage provides generous storage for boats, recreational equipment, and vehicles, while the unfinished second-story loft is already served by water and sewer, offering exciting possibilities for future guest accommodations, studio space, office, or additional income potential, subject to any required approvals. Whether you're building your investment portfolio, completing a 1031 exchange, or seeking a flexible waterfront retreat, this rare Miles Pond offering combines income potential with exceptional lakefront living.

Listing last checked: Listing updated:

Listed by Katy Rossell · Tim Scott Real Estate · MLS #5103860

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Details at a glance

Interior2 property facts
Cooling
None
Basement
Not reported
Building5 property facts
Style
Multi Family
Year built
2002
Garage
2
Parking
2
Roof
Metal
Land & utilities6 property facts
Lot size
1.09 acres
Water
Well
Sewer
Septic Tank
Waterfront
Y
Pool
Not reported
Zoning
Concord
Financial2 property facts
Annual taxes
$8,651
Assessment year
2026

Location

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Estimated monthly cost

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Known monthly costs$6,131 / monthAdjust
Principal & interest
$5,411
Property tax
$721
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $8,651. 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.

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About 98 100 Nanas Lane

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Request a tour of 98 100 Nanas Lane and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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