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Listed by Rachel Smith • S. R. Smith Real Estate
$ 1,999,875
Est. payment /mo
Open 11/1 11AM-2PM
57 Farrants PT Newport City, VT 05855
7.2 Acres Lot
Open House
Sun Nov 01, 11:00am - 2:00pm
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5115053
Year Built 2005
Annual Tax Amount $25,640
Tax Year 2026
Lot Size 7.200 Acres
Acres 7.2
Property Description
LAKEFRONT ESTATE WITH ENDLESS POSSIBILITIES. Discover a rare opportunity to own an exceptional Lake Memphremagog waterfront property offering approx. 7.2 acres across two deeded parcels, with beautiful beaches and an abundance of potential. Whether you envision a private lakefront retreat, an income-producing investment, or a unique hospitality destination, this versatile property offers possibilities limited only by your imagination. The property features a three-building configuration, including a spacious three level home with two kitchens, three finished floors, and five bedrooms-an ideal layout for multi-generational living, guest accommodations, or exploring rental opportunities. The property also offers an exciting potential for a bed and breakfast, vacation rentals, a retreat, or an educational and recreational facility, subject to applicable approvals. Imagine boating, sailing, swimming, fishing, and relaxing along your own shoreline, with room to create a truly memorable experience. Enjoy spectacular waterfront living with a 72"X32" boathouse featuring a 35" high-ceiling interior, balcony, and prep kitchen. Conveniently located near Newport's restaurants, shopping, and recreational amenities, with Jay Peak Resort appox. 25 minutes away for four season adventure. Municipal water and sewer, being near an International Airport, and hospital add to the property's appeal. Whether you're seeking a distinctive waterfront investment, a hospitality venture, or a remarkable place to call your own, the Lake Memphremagog property deserves your attention. Explore the possibilities and make your lakefront vision a reality! Come see at our "Open House" Sunday, November 1st from 11:00AM-2:00PM.
Location
State VT
County Vt-orleans
Area Vt-Orleans
Zoning UREC
Body of Water Lake
Rooms
Basement Entrance Walkout
Basement Climate Controlled, Concrete, Concrete Floor, Finished, Full, Insulated, Walkout, Interior Access
Interior
Cooling Mini Split
Inclusions Additional Buildings, Barn, Garage, Land/Building, Other, Outbuilding
Exterior
Utilities Available Cable Available, Telephone at Site
Waterfront Description Yes
View Y/N Yes
Water Access Desc No
View Yes
Roof Type Architectural Shingle
Building
Sewer Public
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.