Alburgh, VT 05440

Facts

• Property ID : View Details
• Property Type : View Details
• County : View Details

Description

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

509' of lake frontage on scenic Lake Champlain with 13.5 acres.Lake frontage is on a south-facing bay in Lake Champlain. The bay is shallow and most adults can walk out 100 yards or more and still touch bottom. The former railroad bed created the shoreline and is reinforced with boulders and riprap. The rocks do not extend very far into the water line (and may be reclaimed as part of the original railroad bed to create more sandy beach). The bay is a natural sand beach. Excellent fishing at the edge of the bay where the water depth increases. Boats frequently anchor off the shore, and a mooring and dock are possible.This private get-away has electricity on site. Previous owner installed a septic system in the mid-80s. Approximate location known, but specifics are unknown. No guarantee that the system would be usable.Used only for camping in the last 35 years, this land is filled with potential.Accessed by a private road with only 5 lots. Three lots have year-round houses, and two are vacant land. This lot has the most lake frontage of the five lots. The neighboring property to the west has a large vacant tract adjacent to this one and is accessed from another road. The five lots share summer road maintenance costs and only lots with permanent houses share snow removal costs.This land has not been on the market in over 30 years!Without any changes or improvements, this would make an excellent summer camp or hunting area, either shared or private.There are covenants on this property that restrict usage, however, three other lots on this road worked within guidelines to have the covenants removed and build permanent homes. Alburgh has no zoning, but wetland rules do apply.There is a public boat launch a short distance away next to the Alburgh-Rouses Point bridge.The private road is well-maintained and passable all year. Land has been vacated (two campers were set up earlier in the year) and is ready for a new owner.List price is only $138,000. The owner will consider financing for a qualified candidate at list price with $25,000 down and good credit. Price is negotiable for a cash sale. Make an offer today, because this property won't last long with these terms.Owner has been in discussions with both Vermont environmental impact and Army Corps of Engineers and both agencies have spoken positively about locating a house on the railroad bed (as was done by three other owners on this road), but no guarantees are made. Property being sold as is. Questions or requests to schedule a showing should be directed to alburghland@aol.com, 802-528-1816, or Land, PO Box 404, Alburgh, VT 05440. Due to the private road, showings are available by appointment only.If you are a boater, hunter, nature enthusiast, or just like to get away from it all, this property is ideal. Not only is it private, but it is also convenient, located half-way between Burlington and Montreal.There are not many undeveloped lakefront lots left, and this one is exceptional. You really have to see it to get the full impact of its beauty and seclusion. Call 802-528-1816 or email alburghland@aol.com today to schedule a showing or make an offer to join the exclusive handful of people who can enjoy this slice of heaven in Alburgh, Vermont.