Opportunities like this just don't come along very often. Malletts Head is the largest tract (26+/- acres) of undeveloped lakeshore land in Colchester with 2,283 feet of lakeshore. There is a private road leading from the Marble Island Resort development to the 200-foot pinnacle, called "Pirate's Lookout" where the 360 degree views are incomparable. You'll see much of Lake Champlain, Malletts Bay, and the Green Mountains and spectacular sunsets over the Adirondack Mountains. Power, municipal water and cable are all available at the street, and a septic location was identified a few years ago. The property has deeded rights to use the Marble Island beach and amenities. This means easy boat storage over the winter. With Town approval, this amazing parcel could be a single-family estate, a family compound, or possibly divided into 4 separate parcels. All this within 15 minutes to Downtown Burlington, shopping, Interstate, parks, marinas, restaurants, and more. This is a once in a lifetime opportunity!
Property Details
Property Features
Listing Office:
Office Name: EXP Realty
Office Phone: (802) 488-0905
Listing Agent: John Nichols
Lot Features
Lot Information:
Lot Size: 26.28 Acres
Other
Directions Information:
Directions: From Burlington, take Rte 127 towards Colchester. Turn left on W. Lakeshore Drive, then turn right onto Marble Island Road. When the road "T's," turn right. Stay on Marble Island Road and bear left at the Marina. Go up the hill as far as possible to Mariner Heights. Look for sign on right (ROW).
Price Information
Listing Price Info
Price Summary:
List Price: $3,500,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Colchester, VT.
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: 12/30/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.5K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Malletts Bay School
Blakely Road
Distance between this listing and this school2.47 miles
Public District Grades 3-5
5
/10
J. J. Flynn Elementary School
1645 North Ave
Distance between this listing and this school3.67 miles
Public District Grades PK-5
4
/10
C. P. Smith Elementary School
332 Ethan Allen Pkwy
Distance between this listing and this school3.77 miles
Public District Grades KG-5
Nearby Schools
4
/10
Colchester Middle School
425 Blakely Rd
Distance between this listing and this school2.32 miles
Public District Grades 7-8
4
/10
Lyman C. Hunt Middle School
1364 North Ave
Distance between this listing and this school3.80 miles
Public District Grades 6-8
2
/10
Winooski Middle School
80 Normand St
Distance between this listing and this school5.41 miles
Public District Grades 6-8
Nearby Schools
7
/10
Colchester High School
131 Laker Lane
Distance between this listing and this school2.27 miles
Public District Grades 9-12
4
/10
Burlington High School
52 Institute Rd
Distance between this listing and this school4.93 miles
Public District Grades 9-12
1
/10
Winooski High School
80 Normand St
Distance between this listing and this school5.41 miles
The neighbors living near this home have an average income of $83,523. Residents of Colchester, VT typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Malletts Head
What is the listing price of this property?
The listing price of 0 Malletts Head property is $3,500,000.
What type of property is this?
The property 0 Malletts Head is land located in Colchester, Vermont, 05446.
Is this property for sale now?
Active Listing: 0 Malletts Head is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Malletts Head in Colchester, VT and zip code 05446. This home sits on a 26.28 acre lot. It has been listed on Rocket Homes since October 27, 2021 and is currently priced at $3,500,000.
In November 2024, from all listings sold in Colchester, VT there were more than 5 sold above asking price, over 8 sold below and more than 4 were sold right at the asked price. Between October 2024 and November 2024, Colchester, VT real estate market has seen decrease in the number of listings by 6.5%.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2024 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. 
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
NASCAR
BJs Wholesale Club
Stein Mart
Dollar General
Panera
Bob Evans
Cracker Barrel
Infiniti
Lincoln
Lexus
Adult Hits
News/Talk/Information
Oldies