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40 Rachel Way #Lot 1
South Hero, VT 05486
Land · Active · MLS #5083330
Listing Courtesy of Four Seasons Sotheby's Int'l Realty | Kelly J Byers, Mary P Palmer
The home
About this home
Ready to build your dream lakefront retreat this summer? Nestled on the shores of Lake Champlain in the heart of South Hero, this rare opportunity lets you craft a custom waterfront escape on your schedule. Set on 0.32 acre of owned land with a shared interest in 2.67 acres of waterfront common land spanning 529 feet of shoreline, this homesite offers both privacy and community in one stunning package. Positioned at the end of a quiet, dead-end road, the east-facing lot delivers sweeping, year-round views of the lake and surrounding mountains, with front-row seats to stunning sunrises over Keeler Bay every morning. All the hard work is done. Infrastructure is fully developed, development permits are in hand, and approvals are in place for a four-bedroom home, town water, electricity, and the community septic system. Break ground this season. The larger lot size gives you room to spread out, with space for gardens, a portable shed, and parking. Keeler Bay Marina sits right next door, offering boat slips, ramp access, and beautiful marina views, with convenient overflow guest parking available in the adjacent marina lot. Common land and shoreline maintenance are managed by the homeowners' association, making this a truly turnkey opportunity. All of this is just under 25 minutes from Burlington, with local shops, restaurants, and a vibrant seasonal farmers market nearby. This is your chance to live Lake Champlain life at its finest.
Property information
Details at a glance
Building1 property facts
- Style
- Other
Land & utilities4 property facts
- Lot size
- 0.32 acres
- Water
- Public
- Sewer
- Septic Tank
- Waterfront
- Y
Plan your purchase
Estimated monthly cost
Explore costs at the $394,750 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,996 / monthAdjust
- Principal & interest
- $1,996
- Property tax
- Not entered
- Insurance
- Not entered
- HOA
- Not entered
Annual property taxes were not supplied. HOA amount was not supplied.
Partial estimate: add property tax, 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 South Hero.
| Metric | This home | Local listings |
|---|---|---|
| List price | $394,750 | $192,500105% above local |
| Price / sq ft | — | — |
| Days on market | 0 | 207100% below local |
Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About 40 Rachel Way #Lot 1
Can I request a private showing?
Request a tour of 40 Rachel Way #Lot 1 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.
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