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162 Marble Island Road, Colchester, VT, 05446 | $965,000
Imagine owning the largest of three beautifully renovated single-family homes on a shared waterfront lot in Malletts Bay—this is the opportunity of a lifetime! If you're dreaming of a waterfront retreat this property offers endless possibilities. This home offers incredible lake views from 3 levels, including a walkout lower level. The main level features a deck to bring the living space outdoors. This home is thoughtfully furnished and well maintained, exuding warmth, charm, and a deep sense of care in every detail. This property is nestled away from the road and tucked behind a spacious parking area with a 2-bay barn garage, exclusive to this home only. With walk-up storage space, it's perfect for stowing away your kayaks, paddleboards, or a workshop for your creative pursuits. Shared among three homes is a new dock (2022) designed for easy access to all your water adventures—whether it’s boating, jet skiing, or peaceful mornings casting your line into the bay. When winter settles in, the magic of frozen Malletts Bay opens the door to ice fishing, skating, snowshoeing, and more. Wake to sunrises that bathe the bay in soft, golden light, and by night, the moonlight creates a captivating scene. This is not just a place to live; it’s a place where memories are made and where life feels extraordinary. Opportunities like this are rare, and this unique waterfront property promises a lifestyle that is truly one-of-a-kind.
Features
- Rooms: 10
- Bedrooms: 3
- Baths: 2 full / 1 three-quarter
- Style: Contemporary,Walkout Lower Level
- Year Built: 1900
- Garage: 2-car Garage
- Heating: Natural Gas,Baseboard,Hot Water
- Cooling: Mini Split
- Basement: Full,Partially Finished,Walkout
- Approx Sq. Feet: 2,032
- Est. Taxes: $13,922
- Lot Desc: Beach Access,Lake Access,Lake View,Neighborhood
- Elem. School: Choice
- Middle School: Colchester Middle School
- High School: Colchester High School
- School District: Colchester School District
- MLS#: 5040917
- Website: https://www.raveis.com
/prop/5040917/162marbleislandroad_colchester_vt?source=qrflyer
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 PrimMLS. 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 5/17/2025Listing courtesy of Element Real Estate Phone: 802-497-2575
Listing Agent: Jessica Bridge
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
162 Marble Island Road, Colchester, VT, 05446
$965,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $772,000 | $772,000 | $772,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
| Monthly Tax Payment | $1,160 | $1,160 | $1,160 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,444 | $4,943 | $6,567 |
| Total Monthly Payment | $5,696 | $6,195 | $7,819 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484