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.
Feature Descriptions
Construction: Wood Frame
Days on Site: 38
Driveway: Gravel
Driveway: Gravel
Electric: Circuit Breaker(s)
Exterior: Wood Frame
Flood Zone: No
Foundation: Concrete
Foundation: Concrete
Lot: Country Setting, Mountain View, Near Snowmobile Trails
Nearby Bodies of Water: Miles Pond
Roads: Shared
Sewer: Septic
Sq. Ft. Total Finished: 2376
Total Stories: 1.5
Units: 2
Water: Drilled Well
Water Access: Yes
Water Body Type: Lake
Water Rights: Exclusively Owned
Water View: Yes
Zoning: Concord
98 100 Nanas Lane | MLS# 5103860
This multi-family property located at 98 100 Nanas Lane, Concord, VT 05824 is currently listed for sale with an asking price of $1,070,000. Search Concord real estate on darrenmcgovern.masiellogrouprealestate.com today.