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$335,050

40 Rachel Way S Hero, VT 05486

0.3 acres
Land

Property details

About 40 Rachel Way S

Ready to build your dream lakefront retreat this summer? Nestled on the shores of Lake Champlain in the heart of South Hero, this unique property presents a rare chance to craft a custom waterfront escape. Set on 0.32 acre of owned land and accompanied by a shared interest in 2.67 acres of waterfront common land—spanning 529 feet of pristine shoreline—this homesite offers both privacy and community in one stunning package. Positioned within a protected bay, the property boasts sweeping, year-round easterly views of both the lake and surrounding mountains, creating a picturesque backdrop for every season. This lot includes approvals for a four-bedroom home, town water, electricity, the community septic system, and is fully prepped for immediate construction. Less than 25 minutes from Burlington, you’ll enjoy the perfect blend of peaceful lakeside living and easy access to urban amenities. Explore nearby local shops, cozy restaurants, and a vibrant seasonal farmers market. For boating enthusiasts, Keeler Bay Marina is just next door, offering boat slips and boat ramp access. With common land and shoreline care managed by the homeowners association, this is a truly turnkey opportunity—one where the beauty of the lakefront meets effortless living. More than a property—this is your chance to live Lake Champlain life at its finest.

Highlights

Home typeOther
StatusActive
Lot size0.32 Acres
MLS #5037296

Summary

  • List Price: $335,050
  • 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.
  • Lot Size: 0.32 Acres
  • MLS Number: 5037296
  • Office Name: Four Seasons Sotheby's Int'l Realty
  • Office Phone: (802) 864-0541
  • Office Email: brian.racine@fourseasonssir.com
  • Listing Agent: Kelly Byers

IDX© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/9/2025, 12:45:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

6

Grand Isle Elementary School

Public District KG-6

5.0 mi

224 US Route 2

6

Cumberland Head Elementary School

Public District PK-5

5.6 mi

1187 Cumberland Head Rd

3

Arthur P Momot Elementary School

Public District PK-5

6.9 mi

60 Monty St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $67,535. The most common annual income of people living in Hero, VT is between $35k-100k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
54%
35k-100k
22%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
8%
Single, with Kids
35%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
16%
18-34 yrs old
48%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Pro WrestlingPro Wrestling
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 40 Rachel Way S

The listing price of 40 Rachel Way S property is $335,050.

The property 40 Rachel Way S is land located in Hero, Vermont, 05486.

Active Listing: 40 Rachel Way S is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 40 Rachel Way S are: Grand Isle Elementary School (GreatSchools Rating 6/10), Cumberland Head Elementary School (GreatSchools Rating 6/10), Arthur P Momot Elementary School (GreatSchools Rating 3/10), Stafford Middle School (GreatSchools Rating 5/10), Colchester Middle School (GreatSchools Rating 5/10), Milton Middle School (GreatSchools Rating 4/10), Plattsburgh Senior High School (GreatSchools Rating 5/10), Colchester High School (GreatSchools Rating 7/10), Milton High School (GreatSchools Rating 6/10).

The property 40 Rachel Way S is 0.32 acres.

This home is located at 40 Rachel Way S in Hero, VT and zip code 05486. Features: 0 bathroom. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $335,050.

From Rocket Homes Real Estate and based on county public records data.

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