Listed by Rosemary Lalime • RE/MAX All Seasons Realty. Bought with RE/MAX All Seasons Realty.
Off Market Jan 2023 for $600K
$709,161
Est. refi paymentEst. refi$3,813/mo
3
bd
•
3.5 ba
•
3,224
sq ft
862 4-H Rd, Derby, VT 05829
About this home
You will find this lakefront gem on Salem Lake, Derby, Vermont. A contemporary cape with a wall of windows outlining the 150 feet of sandy lakefront as you enter the home. Beautiful cathedral wood ceilings and cross beams accent the home's open living area. The massive fieldstone fireplace and warmth of wood makes this home a delight to live in and entertain friends and family. On the main level you will be wowed by the kitchen's cabinetry and granite. There is a powder room tucked in the entrance foyer and the main bedroom suite features a walk in closet, full bath with whirlpool tub, and laundry area. There is also a bonus room on this level which can work as a den/office and Vermont mudroom. The upper level of the home features a balcony with 2 bedrooms and a full bath. The attached garage has a guest suite over it with heated game area, bath and fantastic views of the lake and mountains. . The fully landscaped lawn has a gazebo for afternoon cocktails. There are 2 decks overlooking the lake for your morning coffee. A natural habitat area with brook on the lot is known to have sightings of eagle, loons and ducks. You will love Derby with its dog park, library, church and village grocery store only minutes away from home. . Summer fun at the lake will include swimming, boating and fishing and in winter you will enjoy ice skating, ice fishing and from here you have direct access to the VAST snowmobile trail. Come experience the 4 season wonders of Vermont.
Single-familyProperty Type
1999Year Built
0.52 acresLot Size
$220Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Rosemary Lalime• RE/MAX All Seasons Realty
Bought with Rosemary Lalime• RE/MAX All Seasons Realty
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Earn from this home
Refinance
$0
Est. cash available
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Rent
$4,033/mo
Redfin rental estimate
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Market trends in 05829, VT
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
94.4%
+0.4% MoM
Median sale price
$316K
$4K MoM
Avg. days on market
57d
3 days MoM
Recently sold homes
12
7 MoM
Provided by Redfin
Sale history for 862 4-H Rd
Date
Event
Price
PrimeMLS #4934620
Jan 13, 2023
Sold
$600,000
$186/sq ft
Nov 3, 2022
Contingent
—
Oct 22, 2022
Listed
$629,000
$195/sq ft
PrimeMLS #4808324
Aug 24, 2020
Sold
$461,500
$143/sq ft
Jun 29, 2020
Contingent
—
Jun 1, 2020
Listed
$489,000
$152/sq ft
+25
Imagine. .. Feeling like you’re on vacation every day at this lakefront oasis. This is the home that is your year-round haven or escape from the bustle of every day life. Located less than 10 minutes from I-91, it is ideal for commuting or video conferencing from your Comcast-equipped home office. Enjoy all that Lake Salem has to offer, be it on a snowmobile enjoying the VAST trail accessed directly from your driveway, skiing at nearby Jay Peak, or seasonal swimming, boating and fishing from your backyard. Adventure awaits you just over the border thanks to your close proximity to Canada. The private backyard features lush landscaping and a picturesque gazebo. New cathedral height windows ensure that you won’t miss views of morning birds at your feeders or the year-round spectacular sunsets. This home features a suite with bath above the garage. Hunt no more. Your oasis is here.
PrimeMLS #2722225
Jan 17, 2012
Sold
$460,000
$143/sq ft
May 20, 2008
Listed
$499,000
$155/sq ft
Come take a look at this lovely waterfront contemporary cape w/ custom kitchen w/ granite countertops, extra suite w/ bath above the garage, radiant heat, gas fireplace, and covered porch. Killer sunsets. Very Gracious Home. 150' waterfrontage on Salem Lake. Beautifully landscaped w/ all sorts of perennials and a hedge of roses out front. White birch & various other plantings. Waterfront side of home is almost entirely private. 3 separate beautiful decks on water side, and a gazebo. 5 min. to exit 28 off of I-91 and 3 grocery stores. 8 miles to Canada border. 8 minutes to Lake Memphremagog. The lake is know as a great family lake and area. Price reduced from assessed price of $590,000.
Year
Property tax
Land + Additions
Assessment*
2025
$6,871 (+2.3%)
$123,300 + $338,400
$461,700
2024
$6,718 (+9.8%)
$123,300 + $338,400
$461,700
2023
$6,118 (−30.9%)
$123,300 + $338,400
$461,700
2022
$8,848 (−3.9%)
$123,300 + $333,800
$457,100
2021
$9,207 (−3.1%)
$123,300 + $333,800
$457,100
2020
$9,499 (+5.6%)
$123,300 + $333,800
$457,100
2019
$8,993 (+1.8%)
$131,200 + $309,300
$440,500
2018
$8,832 (+15.9%)
$131,200 + $309,300
$440,500
2017
$7,618 (+3.8%)
$131,200 + $309,300
$440,500
2016
$7,340 (−1.7%)
$131,200 + $309,300
$440,500
2015
$7,467 (−8.9%)
$131,200 + $309,300
$440,500
2014
$8,196
$160,100 + $309,300
$469,400
Tax history for 862 4-H Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,871 (+2.3%)
$123,300 + $338,400
$461,700
2024
$6,718 (+9.8%)
$123,300 + $338,400
$461,700
2023
$6,118 (−30.9%)
$123,300 + $338,400
$461,700
2022
$8,848 (−3.9%)
$123,300 + $333,800
$457,100
2021
$9,207 (−3.1%)
$123,300 + $333,800
$457,100
2020
$9,499 (+5.6%)
$123,300 + $333,800
$457,100
2019
$8,993 (+1.8%)
$131,200 + $309,300
$440,500
2018
$8,832 (+15.9%)
$131,200 + $309,300
$440,500
2017
$7,618 (+3.8%)
$131,200 + $309,300
$440,500
2016
$7,340 (−1.7%)
$131,200 + $309,300
$440,500
2015
$7,467 (−8.9%)
$131,200 + $309,300
$440,500
2014
$8,196
$160,100 + $309,300
$469,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.