28 Lake Morey Road

Active

$399,000

4 beds2 baths1,875 sqft

28 Lake Morey Rd, Fairlee, VT 05045

Est: $2,526/moGet pre-approved

Multi FamilyProperty Type

0.45 acresLot Size

1900Year Built

$213/sq ftPrice per sq ft

1 carParking Spaces

Description

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....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!

339 days on Market

Listed by: Hartley White & Co • Coldwell Banker LIFESTYLES - Hanover Phone: 802-299-7157

Last updated: 08/20/2026 11:37 PM • Source: New England Real Estate Network, MLS#: 5068072

Location

Listing Courtesy of Coldwell Banker LIFESTYLES - Hanover

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$2,526 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,130

Property Taxes

$396

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 28 Lake Morey Road

Property Details

Taxes: $4,748 / year
MLS Type: Multi Family
County: Orange County
Zoning: Interchange/Village

Building Information

Stories: 1
Residences: 3
Year Built: 1900
Lot Size: 0.45 AC / 19,602 SF

Summary

Location and General Information

City: Fairlee
County: VT-Orange

Directions: Follow GPS, Driveway off Lake Morey Road right before the turn to Foggs
Latitude: 43.904523000000999
Longitude: -72.149528000000004
Road Frontage: Yes
Seasonal: No
State: VT
Street Designation: Road
Map: 24
Zip Code: 05045

Taxes and HOA Information

SPAN Number: 219-071-10241
Tax Year: 2025

Taxes TBD: No

Parking

Garage: Yes
Garage Capacity: 1.00

Driveway: Gravel

Property

Lot Information

Block: 21
Lot: 89

Lot Features: Corner, Level, In Town, Near Country Club, Near Golf Course, Near Railroad, Near School(s)
Lot Size Acres: 0.45
Road Frontage Length: 140.0
Total Finished Area: 1875.0
Above Grade Finished Area: 1875.0
Above Grade Finished Area Source: Public Records
Above Grade Unfinished Area: 0.0
AboveGradeUnfinishedAreaSource: Public Records
Below Grade Finished Area: 0.0
Below Grade Finished Area Source: Public Records
Below Grade Unfinished Area: 400.0
BelowGradeUnfinishedAreaSource: Plans
Lot Size Square Feet: 19602.0
Total Area: 2275.0

Property and Assessments

Property Class: Multi-Family
Property Condition: Existing

Flood Zone: No
PreConstruction: No
Surveyed: Unknown
Year Built: 1900
Elementary School: Samuel Morey Elementary

Utilities

Electric Company: Green Mountain
Fuel Company: Irving Oil

Electric: Circuit Breaker(s)
Sewer: Private
Water Source: Public
Utilities: Propane
Separate Utilities: Yes
Internet: DSL

Interior and Exterior Features

Exterior Features

Construction Materials: Wood Frame
Roof: Metal

Total Ranges: 2

Interior Features

Basement: Yes
Basement Access Type: Interior

Basement Description: Bulkhead, Crawl Space, Unfinished
Total Full Baths: 0
Heating: Propane
Cooling: None
Total Refrigerators: 2
Total Stories: 1.5

Multi Family

Multi-Family Information

Total Units: 3
Total 1 BR Units: 0

Total 2 BR Units: 2
Total 3+ BR Units: 0

Unit Information

Unit 1

Unit 1 Baths: 1
Unit 1 Bedrooms: 2

Unit 1 Lease Term: Month to Month
Unit 1 Level Number: 1st/2nd fl
Unit 1 Rental Amt Freq: Monthly
Unit 1 Status: Leased
Unit 1 Rooms: 5
Unit 1 Rental Amount: $1,500.00
Unit 1 Tenant Pays: Electric, Heat, Trash
Unit 1 Info: Dishwasher, Gas Range, Refrigerator, Smoke Detector

Unit 2

Unit 2 Lease Term: Annual
Unit 2 Baths: 1

Unit 2 Rooms: 5
Unit 2 Status: Leased
Unit 2 Level Number: 1
Unit 2 Rental Amt Freq: Monthly
Unit 2 Bedrooms: 2
Unit 2 Rental Amount: $1,000.00
Unit 2 Info: Gas Range, Smoke Detector
Unit 2 Tenant Pays: Electric, Heat, Trash

Property History for 28 Lake Morey Road

Date	Event & Source	Price	Appreciation
Oct 31, 2025	Listed (Active) New England Real Estate Network #5068072	$420,000	—

Date	Event & Source	Price
10/31/2025	Listed (Active) New England Real Estate Network #5068072	$420,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 28 Lake Morey Road

Taxable Value

Land

$58,000

Additions

$200,800

Total$258,800

Tax Record

2025

$3,265 ($272 / month)

Home Facts

Lot Size

19,602 SqFt

Style

Stores

County

ORANGE

APN

(071) 0002421089000

Schools near 28 Lake Morey Road

This home is within Rivendell Interstate School District.


Rating	School	Type	Grades	Distance
NR	Samuel Morey Elementary School	Public - Serves this home	PK to 5	0.3 mi
5/10	Rivendell Academy	Public - Serves this home	6 to 12	0.7 mi


Rating	School	Distance
NR	Samuel Morey Elementary School PublicPK to 5 Serves this home	0.3 mi
5/10	Rivendell Academy Public6 to 12 Serves this home	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 28 Lake Morey Road, Fairlee, VT 05045

28 Lake Morey Road is a multi-family home for sale in Fairlee, VT 05045. This property was listed for sale on October 31, 2025 by Coldwell Banker LIFESTYLES - Hanover, it's currently listed at $399,000. This listing's school district is Rivendell Interstate School District. Nearby schools include Samuel Morey Elementary School and Rivendell Academy. 28 Lake Morey Road is a 4-bed, 2-bath, 1,875 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.