Multi-Family for Sale: 13 Lakeview Terrace, Burlington, VT 05401 SOLD

2 full baths
1,579 sqft
$1,200,000
$1,200,000
13 Lakeview Terrace, Burlington, VT 05401 SOLD
2 full baths
1,579 sqft
$1,200,000
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Selling Price: $1,200,000
Original List Price: $2,000,000
Sold at 60.0% of list price
Sold Date: 10/24/2024

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Type Multi-Family
Style Antique
Total Baths 2 full baths
Square Feet 1,579 sqft
Lot Size 0.08 acres
Year Built 1899
City Burlington
County Chittenden
School District Burlington School District
MLS 4965053
Status Closed
DOM 400 days
Once in a lifetime opportunity to own a fantastic property nestled along the tranquil shores of Lake Champlain! This captivating residence offers an unparalleled blend of elegance, comfort, and natural beauty. Boasting panoramic views of the glistening waters and surrounding mountains, this lakeside retreat presents an exceptional opportunity for those seeking a harmonious blend of modern luxury and idyllic serenity. Not only can you enjoy the beautiful lake, but you're walking distance to Downtown Burlington, Battery Park, shopping, restaurants, breweries, shopping, entertainment and more! With two units, this is the perfect opportunity to occupy one (either year round or as a seasonal retreat!) and rent the other, or rent both for a sensational portfolio boost! This property is currently in use as a highly sought after AirBnB with fantastic income potential! Don't miss your chance to own this exceptional lakeside residence!

Lot & Building Features

Appliances Water Heater – Off Boiler
Utilities Other
Construction Clapboard Exterior, Wood Frame
Cooling None
Heat Source Oil
Heating Hot Air
Parking Description Driveway, Off Street
Sewer Public
Tax Year 2025
Water Public
Basement Description Dirt, Unfinished
Foundation Stone
Lot Description City Lot, Lakes, Lake View, Lake Frontage
Roof Shingle - Asphalt
Features Exterior Balcony, Porch - Covered, Porch, Deck
Garage No

Price History of 13 Lakeview Terrace, Burlington, VT

Date Name Price Difference
04/17/2024 Price Adjustment $1,200,000 25.00%
09/11/2023 Price Adjustment $1,600,000 20.00%
08/10/2023 Listing Price $2,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 13 Lakeview Terrace, Burlington, VT

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Photo of Jackie Pech Figueroa
Direct: 978-648-1173
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Signature Properties of Vermont, The Signature Realty Group
Sold by Vermont Life Realtors, Gurjot Singh
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1%
6.75%
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Listing information courtesy of: Signature Properties of Vermont

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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. Data last updated 11/10/2024