Charming Lake Champlain Cottage on Mallets Bay Rare opportunity to own a lakeside retreat in one of the most sought-after areas of Lake Champlain. This charming 2-bedroom cottage is ideally situated on Mallets Bay, offering beautiful lake views, private lake access, and a peaceful setting just minutes from downtown Burlington. Recent upgrades include a new kitchen, renovated bathroom, energy-efficient mini-split heat pump with air conditioning, and an upgraded four-season water system for easy year-round operation and seasonal enjoyment. The bright and inviting sunroom provides the perfect place to relax and take in the stunning lake views. Outdoor features include a large, expansive lakeside deck ideal for entertaining, dining, or simply enjoying the waterfront setting. Nearby amenities include hiking trails, Campers Beach, shopping, restaurants, and all that the Burlington area has to offer. Whether you're seeking a seasonal getaway, investment property, or lakeside residence, this exceptional Mallets Bay cottage offers a unique opportunity to enjoy the beauty and lifestyle of Lake Champlain waterfront living. The property is subject to a forever lease, which renews ever 5 years, seasonal occupancy is from May 1st - November-1st
Active
Listed by: Rusty Nail Real Estate
$349,000
71 west island Road #3, Colchester, VT 05446
2beds
934sqft
Single Family Residence
Built in 1940
4,356 Square Feet Lot
$-- Zestimate®
$374/sqft
$-- HOA
What's special
Large expansive lakeside deckBright and inviting sunroomPeaceful settingUpgraded four-season water systemRenovated bathroomPrivate lake accessStunning lake views
- 10 hours |
- 665 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Bobby Roberts,
Rusty Nail Real Estate 802-371-7007
Source: PrimeMLS,MLS#: 5094791
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Heat Pump
Cooling
- Mini Split
Appliances
- Included: Dryer, Electric Range, Refrigerator, Washer, Electric Water Heater
- Laundry: 1st Floor Laundry
Features
- Ceiling Fan(s), Natural Light, Natural Woodwork
- Flooring: Carpet, Vinyl Plank
- Windows: Blinds
- Has basement: No
Interior area
- Total structure area: 934
- Total interior livable area: 934 sqft
- Finished area above ground: 934
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Access, Lake Front, Island
- Body of water: Malletts Bay
- Frontage length: Road frontage: 100
Lot
- Size: 4,356 Square Feet
- Features: Country Setting, Leased, Near Paths, Near Shopping
Details
- Zoning description: seaonal
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage/Camp
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Foundation: Pier/Column, Pillar/Post/Pier, Treated Lumber
- Roof: Metal
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: 1000 Gallon, On-Site Septic Exists
- Utilities for property: Cable
Community & HOA
HOA
- Amenities included: Beach Access
Location
- Region: Colchester
Financial & listing details
- Price per square foot: $374/sqft
- Annual tax amount: $6,803
- Date on market: 6/15/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for sale | $349,000$374/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 05446
Nearby schools
GreatSchools rating
- 8/10Malletts Bay SchoolGrades: 3-5Distance: 1.5 mi
- 8/10Colchester Middle SchoolGrades: 6-8Distance: 1.3 mi
- 9/10Colchester High SchoolGrades: 9-12Distance: 1.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Vermont
- Chittenden County
- Colchester
- 05446
- 71 west island Road Unit 3





