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Offered at $399,000Active
beds
4
baths
2
sq ft
1,875
Built
1900

28 Lake Morey Road

Fairlee, VT 05045

Residential Income · Active · MLS #5068072
Listing Courtesy of Coldwell Banker LIFESTYLES - Hanover | Hartley White & Co

The home

About this home

Well-maintained two-unit multi-family home in the village of Fairlee, VT! Unit #1 offers an open-concept kitchen, dining, and living area with a ¾ bath on the main floor, plus two bedrooms and an office upstairs. Unit #2 provides convenient first-floor living with two bedrooms, a ¾ bath, and a spacious kitchen, dining, and living area. A garage rental space adds additional income potential. Located near Lake Morey Country Club, Fairlee Beach, and I-91, this property offers both comfort and convenience. Perfect for investors or owner-occupants looking to offset their mortgage. Close to all town amenities, this one won’t last long!

Property information

Details at a glance

Interior2 property facts
Heating
Propane
Cooling
None
Building6 property facts
Style
Multi Family
Year built
1900
Garage
1
Parking
1
Foundation
Stone
Roof
Metal
Land & utilities3 property facts
Lot size
0.45 acres
Water
Public
Zoning
Interchange/Village
Financial2 property facts
Annual taxes
$4,748
Assessment year
2025

Plan your purchase

Estimated monthly cost

Explore costs at the $399,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,413 / monthAdjust
Principal & interest
$2,018
Property tax
$396
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,748. 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.

Listing history

Price and status timeline

No additional listing history is available for public display.

Compare with confidence

Price & market context

See how this home compares with active listings in Fairlee.

This home compared with active listings in Fairlee
MetricThis homeLocal listings
List price$399,000$631,00037% below local
Price / sq ft$213$212Near the local benchmark
Days on market29314799% above local

Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.

Keep exploring

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No close matches are available right now. Browse all homes in Fairlee.

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Common questions

About 28 Lake Morey Road

Can I request a private showing?

Request a tour of 28 Lake Morey Road and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

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

Are property documents available?

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