1088 Lakeview Drive

1088 Lakeview Drive

North Hero, VT 05474

$999,000
Price
431,244 / 9.9
Lot Size / Acres

Description

Kings Bay Campground, a fully operational RV resort situated on a nearly 10 acre lot overlooking Lake Champlain's Kings Bay! Established 50+ years ago and family owned since, this North Hero staple sitting on over 1000' of waterfront is ready for new owners. This spacious property features 27 full service RV sites w/ water, septic, & individually metered power hookups, several more with water/power hookups, as well as space for off-grid RV & tent sites. Town water and 3 on site bathhouses, 2 with...Kings Bay Campground, a fully operational RV resort situated on a nearly 10 acre lot overlooking Lake Champlain's Kings Bay! Established 50+ years ago and family owned since, this North Hero staple sitting on over 1000' of waterfront is ready for new owners. This spacious property features 27 full service RV sites w/ water, septic, & individually metered power hookups, several more with water/power hookups, as well as space for off-grid RV & tent sites. Town water and 3 on site bathhouses, 2 with hot showers, afford guest conveniences while an old cabin could be rehabbed into a cottage or office. Guests can enjoy easterly lake and mountain views with direct access to all the recreational opportunities this beautiful lake and setting has to offer! With current seasonal rates being of the "family & friends" nature extended to many long terms guests, there's tons of potential to increase revenues via weekly and daily fares. Meanwhile direct shoreline access w/ an onsite boat launch, docks, moorings, & ample space for boat/trailer parking adds additional income potential via dock/boat rentals and loads of other possible value add recreational amenities! Situated just over a mile from rt 2 and convenient to area recreation, restaurants & public boat launches this location is as good as it gets. Take advantage of this unique opportunity to be the next steward of this charming resort and put your spin on a quintessential business bursting with potential in the Champlain Islands!
  1. Listed by Flex Realty Group • Flex Realty
  2. Listed by Elliot Rocheleau • Flex Realty

Property Details for 1088 Lakeview Drive

Water Body Type
Lake
Water View
Yes
Waterfront Property
Yes
Zoning
Shorelands District

Location

Listing Courtesy of Flex Realty
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LISTING UPDATED: 03/12/2024 11:54 AM

Property Details for 1088 Lakeview Drive

StatusActive
MLS #4972594
Days on Market226
Taxes$11,084 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size9.90 AC
CountyGrand Isle County

Location

Listing Courtesy of Flex Realty
Add your commute

Building Information for 1088 Lakeview Drive

Lot Size9.90 AC

Payment Calculator

$6,376 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$924

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1088 Lakeview Drive

Summary
Location and General Information
  • Area Description: Rural
  • City: North Hero
  • County: VT-Grand Isle
  • Directions: U.S. Rte 2 W towards North Hero, Right onto Lakeview Drive (1.2 miles), Property on right, no real estate sign.
  • Latitude: 44.872690377001398
  • Longitude: -73.252371814819298
  • Road Frontage: TBD
  • State: VT
  • Street Designation: Drive
  • Zip Code: 05474
Taxes and HOA Information
  • SPAN Number: 444-140-10988
  • Tax - Gross Amount: $11,084.36
  • Tax Year: 2024
  • Taxes TBD: No
School Information
  • School - High: Choice
  • School - District: Grand Isle School District
  • School - Elementary: Grand Isle School
  • School - Middle/Jr: Grand Isle School
Property
Lot Information
  • Lot - Sqft: 431244.0
  • Lot Size Acres: 9.9
  • Total Lots: 1
  • Water Frontage Length: 1020.0
  • Water Body Access: Yes
  • Water Body Name: Lake Champlain
  • Waterfront Property Rights: Exclusively Owned
Property and Assessments
  • Current Use: No
  • Property Class: Land
  • Flood Zone: Land Only
  • Resort: No
  • Shore Rights: Deeded, Lake Access
  • Surveyed: Unknown
  • Water Body Restrictions: No
Utilities
  • Electric Company: VELCO
  • Electric: On-Site
  • Sewer: On-Site Septic Exists, Private, Septic
  • Utilities: Other
  • Water Access Details: Beach Access, Deep Water Access, Directly Adjoining
Interior and Exterior Features
Exterior Features
  • Exposure: East
  • Roads: Dead End, Gravel, Private

Property History for 1088 Lakeview Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

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More information about 1088 Lakeview Drive, North Hero, VT 05474

1088 Lakeview Drive is a 9.9 ac of land for sale in North Hero, VT 05474. This property was listed for sale on October 3, 2023 by Flex Realty, it's currently listed at $999,000. Nearby schools include North Hero Elementary School. 1088 Lakeview Drive is a 0-bed, 0-bath, 9.9 ac of land on a 431,244 sq. ft. / 9.9 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Flex Realty

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 05/16/2024 09:39 AM