57 Farrants Point
Newport City, VT, 05855 $ 1,999,875
Bedrooms-- Baths-- Monthly Estimate*
$ 13,813
Listed by Rachel Smith, S. R. Smith Real Estate, 802-524-6717, Rachel@SRSmithRealEstate.com
for $1,999,875. This building was built in 2005 on a lot size of 7.2.
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.
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Commercial ActiveInvestment,Multi-Family,Opportunity
FeaturesInteriorBasement Description Climate Controlled Concrete Concrete Floor Finished Full Insulated Walkout Interior Access
Basement Yes
Total Number of Units 2
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GeneralRoad Frontage Yes
Sewer Public
Heating Hot Water Oil Mini Split
Cooling Mini Split
Utilities Cable Available Telephone at Site
Ceiling Height 35'
Roof Architectural Shingle
Zoning UREC
Exclusions x
Year Built 2005
Electric 200+ Amp Service
Business Type Investment Multi-Family Opportunity Other
Accessibility Features 1st Floor Bedroom 1st Floor Full Bathroom 1st Floor Hrd Surfce Flr No Stairs from Parking Paved Parking
Tax Year 2026
Status Detail 0
Covenants No
Construction Materials Wood Frame Vinyl Exterior
City Newport City
Tax Annual Amount 25640.32
DOM 1
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ExteriorLot Features Near Country Club Near Golf Course Near Paths Near Shopping Near Skiing Near Snowmobile Trails Country Setting Landscaped Level Mountain View Recreational Secluded Trail/Near Trail Near Hospital
Water View Yes
Door Height 27'
Lot Size Area 7.2
Water Source Public
Water Body Name Memphremagog Lake
Foundation Poured Concrete
Waterfront Property Yes
Water Body Type Lake
Water Body Access No
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* Excluded FeaturesList ByRachel SmithListing Agent
S. R. Smith Real EstateBroker
Rachel@SRSmithRealEstate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,813
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Newport City, VT
Average List Price $618,148
Percent of Sale Price 69%
Trends Information provided by ATTOM Data Solutions.
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/21/2026 | $1,999,875 | | Listed Price |