40 Rachel Way South Hero, Vermont - For Sale

40 Rachel Way South Hero, Vermont 05486 MLS# 5083330

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For Sale Status

$394,750 List Price

Land Type

0 Acres

Listed By Kelly Byers of Four Seasons Sotheby's Int'l Realty
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One25 Cambrian Way

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NMLS# 402933

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Grand Isle County

40 Rachel Way
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40 Rachel Way

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.

Property Location

40 Rachel Way South Hero

Property Details

List Price  $394,750 Taxes $0
Cooperation Fee  Unknown Tax Year
MLS#  5083330 Exposure  
Type  Land Surveyed  Yes
Zoning  Village Road Frontage   Ft
Lot Size  0.32 Acres Water Frontage  529
Easements   Water Body  
List Date  Apr 13th, 2026
MLS#  5083330 Taxes $0
List Price  394,750 Exposure  
Type  Land Surveyed  Yes
Zoning  Village Road Frontage   Ft
Lot Size  0.3200 Acres Water Frontage  529
Easements   Water Body  
List Date  Apr 13th, 2026
Amenities Management Plan, Master Insurance, Snow Removal, Landscaping, Common Acreage
Topography 
Location , Country Setting, Lake Access, Lake View, Open, Subdivision, View, Water View
Utilities  
Directions  Head north on I-89 from Burlington. Take exit 17W for US-2 toward Lake Champlain Islands, then merge onto US-2 W. Continue for 9.8 miles. Turn right onto Phoebe Lane. Lot 1 (40 Rachel Way) is at the bottom of the hill turn left and last lot at end of road. Look for sign.
Current Use  Roads  
Sewer  Community, On Site Septic Exists, On-Site Septic Exists, Septic Roads  
Water   Structure  
Electric  Underground, On Site Shore Rights  Community
Gas   Restrictions  Architecture, Building/Development, Water Front, Mobile Homes, Elevation
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† The remarks published on this webpage originate from Listed By Kelly Byers of Four Seasons Sotheby\'s Int\'l Realty via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.