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40 Rachel Way, Lot #Lot 1, South Hero, VT 05486

$394,750
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New to the Market Active
LOT SIZE 0.320 acres MLS#5083330
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONOn The Lake Planned Community SCHOOLGrand Isle

Listing Courtesy of: Four Seasons Sothebys Intl Realty
Agency Phone: 802-864-0541
Associate Name: Kelly Byers
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Property Description

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.

40 Rachel Way, Unit Lot 1 | MLS# 5083330

This land located at 40 Rachel Way, Unit Lot 1, South Hero, VT 05486 is currently listed for sale with an asking price of $394,750. The property has approximately 0.32 Acres. Rachel Way, Unit Lot 1 is located within the Grand Isle school district. Search South Hero real estate on debrees.masiellogrouprealestate.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.32 Acres

Feature Descriptions

Amenities: Management Plan, Master Insurance, Snow Removal, Landscaping, Common Acreage
Days on Site: 4
Electric: On-Site, Underground
Flood Zone: No
Land Restrictions: Architecture, Building/Development, Elevation, Mobile Homes, Waterfront
Lot: Country Setting, Lake Access, Lake View, Open, Subdivision, View, Water View
Nearby Bodies of Water: Lake Champlain
Roads: Association, Gravel, Private Road, Privately Maintained
Sewer: Community, Mound, On-Site Septic Exists, Septic
Surveyed: Yes
Water: Public Water On-Site
Water Access: Yes
Water Body Type: Lake
Water Frontage: 529
Water Rights: Shared
Water View: Yes
Zoning: Village

Local Schools

High School: Choice
Middle School: Folsom Ed. and Community Ctr
Elementary School: Folsom Comm Ctr
School District: Grand Isle

Listed By / Shown By

Listed By

Agency Name: Four Seasons Sothebys Intl Realty
Agency Phone: 802-864-0541
Agent Name: Kelly Byers

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Estimated Payment

$ 993.68 per month $878.54 Principal & Interest $0.00 Property Tax (data not provided by mls) $115.14 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 5:02:47 AM EST) or MLSPIN MLS (last updated Thu 04/16/2026 11:38:34 PM EST) or Prime MLS (last updated Thu 04/16/2026 11:33:24 PM EST) or MREIS (last updated Fri 04/17/2026 2:05:22 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated 2026-04-16 23:33:24

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