28 Lake Morey Road, Fairlee, VT, 05045
About This Home
Well-maintained two-unit multi-family home in the village of Fairlee, VT! Unit #1 offers an open-concept kitchen, dining, and living area with a ¾ bath on the main floor, plus two bedrooms and an office upstairs. Unit #2 provides convenient first-floor living with two bedrooms, a ¾ bath, and a spacious kitchen, dining, and living area. A garage rental space adds additional income potential. Located near Lake Morey Country Club, Fairlee Beach, and I-91, this property offers both comfort and convenience. Perfect for investors or owner-occupants looking to offset their mortgage. Close to all town amenities, this one won’t last long!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Metal
- Construction materials: Wood Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Bulkhead,Crawl Space,Unfinished,Interior Entry
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 1,875
Heating & Cooling
- Heating features: Propane
- Cooling features: None
Interior Area
- Total structure area: 2,275
- Total interior livable area: 1,875 sqft
Property
Details
- Parcel number: 21907110241
- Zoning description: Interchange/Village
Features
- Levels: One and One Half
- Patio & porch: Covered Porch
- Exterior features: Deck,Shed
- Frontage length: Road frontage: 140
Lot
- Lot size: 0.45 Acres
- Features: Corner Lot,Level,In Town,Near Country Club,Near Golf Course,Near Railroad,Near School(s)
Parking
- Total spaces: 1
- Parking features: Gravel
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Vermont Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,017 | $24,204 |
| Home Insurance | $164 | $1,968 |
| Property Taxes | $508 | $6,096 |
| Electricity | $254 | $3,053 |
| Total | $2,943 | $35,316 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-31 | Listed for sale | $420,000 |
| 2017-09-01 | Listing removed | $339,900 |
| 2017-07-07 | Pending sale | $339,900 |
| 2017-01-07 | Listed for sale | $339,900 |
| 2016-07-06 | Listing removed | $345,000 |
| 2016-05-03 | Listed for sale | $345,000 |
| 2016-01-24 | Listing removed | $345,000 |
| 2015-06-26 | Price change | $345,000 |
| 2014-09-12 | Price change | $359,000 |
| 2013-06-18 | Price change | $379,000 |
| 2012-06-15 | Listed for sale | $395,000 |
| 2012-06-11 | Sold | $223,000 |
| 2012-01-07 | Listing removed | $420,000 |
| 2011-06-22 | Price change | $420,000 |
| 2010-06-06 | Listed for sale | $445,000 |
| 2001-06-20 | Sold | $104,000 |
For Sale by Agent
View on Zillow