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Listed by Katy Rossell • Tim Scott Real Estate
$1,070,000
Est. payment /mo
5 Beds
3 Baths
2,376 SqFt
New
98 100 Nanas LN Concord, VT 05824
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,376 sqft
Price per Sqft $450
MLS Listing ID 5103860
Bedrooms 5
Full Baths 3
Construction Status Existing
Year Built 2002
Lot Size 1.090 Acres
Acres 1.09
Property Description
Investment opportunity meets Vermont lakefront living. Offered together, these two separately deeded waterfront properties on Miles Pond present a rare opportunity for investors, those completing a 1031 exchange, or buyers seeking a private family compound with built-in income potential. The offering includes a year-round 3-bedroom, 2-bath home, a fully furnished 2-bedroom seasonal cottage with an established short-term rental history, two private docks, a 30' x 40' garage with an unfinished second level, and a fully paid-off solar array serving the properties through shared net metering. The seasonal cottage has a proven five-year, five-star rental history, generating seasonal income while offering flexibility for personal use, guests, or continued vacation rentals. The paid-off solar system helps reduce operating expenses across both homes and the garage, while the separate deeds provide long-term flexibility for future ownership, investment, or estate planning goals. The year-round home offers beautiful mountain views, direct waterfront access, comfortable living spaces, and its own private dock. The seasonal cottage also enjoys private waterfront access with its own dock, allowing each residence to function independently while creating an exceptional overall property for extended family, shared ownership, or rental opportunities. The oversized 30' x 40' garage provides generous storage for boats, recreational equipment, and vehicles, while the unfinished second-story loft is already served by water and sewer, offering exciting possibilities for future guest accommodations, studio space, office, or additional income potential, subject to any required approvals. Whether you're building your investment portfolio, completing a 1031 exchange, or seeking a flexible waterfront retreat, this rare Miles Pond offering combines income potential with exceptional lakefront living.
Location
State VT
County Vt-essex
Area Vt-Essex
Zoning Concord
Body of Water Lake
Interior
Cooling None
Exterior
Garage Spaces 2.0
Utilities Available Propane
Waterfront Description Yes
View Y/N Yes
Water Access Desc Yes
View Yes
Roof Type Metal
Building
Story 1.5
Sewer Septic
Architectural Style Cape, Cottage/Camp, Freestanding
Construction Status Existing
Schools
Elementary Schools Concord Graded/High School
Middle Schools Concord Graded/High School
High Schools Choice
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