1 month on rocket

Sale Pending

18 Lake Forest Dr, Burlington, VT, 05401

$575,000

Home List Price

$6,828*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,489 SqFt
$386/SqFt
Condo

Location

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18 Lake Forest Dr, Burlington$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage
Garage1 space
Year Built1989
HeatingNatural Gas, Baseboard
CoolingNone
FireplaceGas Fireplace
MLS #5020486
StatusSale Pending
(Under Contract)

About 18 Lake Forest Dr

Condo living near Lake Champlain - updated & income-ready! Perfectly positioned in Burlington’s South End, this charming Lake Forest property combines the tranquility of a wooded neighborhood with lakefront access. Step inside to find a fully updated interior where attention to detail shines - from the modern, well-appointed kitchen to the cozy living room, complete with a gas fireplace for cooler evenings. The layout features two spacious bedrooms upstairs, a flex room that could be an office, and a convenient laundry room. Backing up to serene woods for added privacy, this move-in-ready home also has income potential for those interested in rental opportunities. Enjoy the perks of the HOA, including a private pool and easy access to Oakledge Park, Lake Champlain, and the popular bike path. With City Market and Burlington's vibrant Art District just a short distance away, this home offers both nature and culture at your doorstep!

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 2
  • Living Area: 1,489 SqFt

Listing Office:

  • Office Name: Coldwell Banker Hickok and Boardman
  • Office Phone: (802) 863-1500
  • Listing Agent: John Black Real Estate Team

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Hardwood, Tile, Vinyl Plank
  • Interior: Fireplace - Gas
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Garage

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $386/SqFt

HOA Fees:

  • Amount: $375
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,684
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Burlington, VT.

Med. Sold Price

$515K

Med. Price/SqFt

$345

# of Sold Homes

18

18 Lake Forest Dr vs Burlington

48 DAYS ON ROCKET

$575,000

+$60K More

$386/SqFt

+$41 More

KEY TAKEAWAY

This property is $60K more than the Median Sold Price and $41/SqFt more than other homes in Burlington, VT.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #5020486

Listing Office:

  • Office Name: Coldwell Banker Hickok and Boardman
  • Office Phone: (802) 863-1500
  • Listing Agent: John Black Real Estate Team

IDX© 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.

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: 12/17/2024, 8:21:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 2016Home Sold
$289,900

Tax History

YEARPROP. TAXASSESSMENT
2020$6,684$238,300
2019$6,698$238,300
2018$6,396$238,300
2017$6,175$238,300

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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.

Nearby Schools

school-card-donut-4230951
5
/10
  • Champlain Elementary School

  • 800 Pine St

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-4230952
6
/10
  • Orchard School

  • 2 Baldwin Ave

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-4230953
4
/10
  • Edmunds Elementary School

  • 299 Main St

  • 1.64 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,611. The majority of Burlington, VT residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18 Lake Forest Dr

What is the listing price of this property?

The listing price of 18 Lake Forest Dr property is $575,000.

What type of property is this?

The property 18 Lake Forest Dr is a condo located in Burlington, Vermont, 05401.

Is this property for sale now?

Sale Pending: 18 Lake Forest Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,684 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 31, 2016 for $289,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 18 Lake Forest Dr has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 18 Lake Forest Dr is 1,489 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18 Lake Forest Dr is 1989.

Rocket HomesVermontChittenden CountyBurlington0540118 Lake Forest Dr

This home is located at 18 Lake Forest Dr in Burlington, VT and zip code 05401 in the South End neighborhood. This 1,489 square foot home was built in 1989. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $575,000.

In November 2024 more than 5 listings in Burlington, VT were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Burlington, VT decreased by 5.4% between October 2024 and November 2024.

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

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