Listed by Hartley White & Co • Coldwell Banker LIFESTYLES - Hanover (Phone: 802-299-7157).
For sale
$399,000
Est. $2,728/mo —
4
bd
•
— ba
•
1,875
sq ft
28 Lake Morey Rd, Fairlee, VT 05045
About this home
Well-maintained two-unit multi-family home in the village of Fairlee, VT! Unit #1 offers an open-concept kitchen, dining, and living area with a ¾ bath on the main floor, plus two bedrooms and an office upstairs. Unit #2 provides convenient first-floor living with two bedrooms, a ¾ bath, and a spacious kitchen, dining, and living area. A garage rental space adds additional income potential. Located near Lake Morey Country Club, Fairlee Beach, and I-91, this property offers both comfort and convenience. Perfect for investors or owner-occupants looking to offset their mortgage. Close to all town amenities, this one won’t last long!
Multi-familyProperty Type
1900Year Built
0.45 acresLot Size
$213Price/Sq.Ft.
1 car garageParking
Listed by Hartley White & Co• Coldwell Banker LIFESTYLES - Hanover
Fairlee Village, located between Lake Morey and the Connecticut River, is a lakeside and village-center Fairlee neighborhood with a classic New England main street and a walkable cluster of civic buildings. The neighborhood’s character concentrates around the Route 5 & 25A junction by the Fairlee Town Common, where a small-town streetscape of local storefronts, porches, and seasonal foot traffic sets the pace. Lake Morey Resort, the Fairlee Drive-In, and the Fairlee Community Arts Center act as cultural anchors with year-round calendars. Architecture leans toward historic village homes and compact commercial buildings with simple facades. The landscape shifts from green common to shoreline views and wooded edges. Daily rhythms follow school events, library stops, and lake days.
Provided by Walk Score and Local Logic
Market insights
28 Lake Morey Rd · $399,000
PRICE DROP
1 price drop
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Finished living space (total finished area reported)
Basement present with interior access
Basement includes bulkhead, crawl space, and is unfinished
Bedrooms
Three 2-bedroom units (Unit 1 and Unit 2 each 2 bedrooms; total units = 3 with two 2-bedroom units specified)
Bathrooms
At least two 1-bath units (Unit 1: 1 bath; Unit 2: 1 bath)
Kitchen
Unit 1: Dishwasher, Gas range, Refrigerator
Unit 2: Gas range
Laundry & utility
Smoke detectors in units (Unit 1 and Unit 2)
Heating & cooling
Propane heating
No central cooling
Exterior features
Corner lot
Level lot
In-town location
Close to a country club and golf course
Near railroad and schools
Paved public road frontage with driveway access
Home design
Multi-family building
Existing structure
Built in 1900
Parking
1-car garage
Gravel driveway
Construction
Wood frame construction
Metal roof
Utilities
Public water
Private sewer
Electric with circuit breaker(s)
Propane (LP/Bottle) for gas
Irving Oil listed as fuel provider
DSL internet available
Electric service by Green Mountain
Other
Property contains three rental units with annual lease terms available; Unit 1 also offered month-to-month
Electricity and solar
View estimated energy costs and solar savings for this home