Affordable four-season Lake Champlain living with lake views, private beach access, and an included boat mooring! Nestled in one of Colchester's most desirable lakeside communities, just steps from the water and minutes from the Colchester Causeway, this exceptional home offers the perfect blend of waterfront living and everyday convenience. The land lease provides an affordable opportunity to enjoy this sought-after location while paying substantially less in property taxes than many comparable homes on owned land. Enjoy boating, kayaking, paddleboarding, swimming, fishing, cycling, and year-round recreation, all just minutes from Burlington, UVM Medical Center, shopping, dining, and schools. The open-concept main level features a chef's kitchen with quartz countertops, stainless steel appliances, a large center island, and spacious living and dining areas that open to a covered porch with Lake Champlain views. A first-floor bedroom and full bath offer flexible living, while the oversized two-car garage provides exceptional storage. Upstairs, the loft is ideal for a home office or additional living space. The finished walkout lower level includes a family room, bedroom, full bath, and bonus room perfect for a gym, hobby room, or playroom. Outside, enjoy a private backyard with an outdoor bar, fire pit, raised garden beds, and room to relax after a day on the lake. Additional features include a new on-demand hot water system (2026), whole-house Generac generator, energy-efficient heat pump for heating and cooling, central vacuum, premium Inspired Closets systems, and hardwood flooring throughout. Whether you're looking for a year-round home or a vacation retreat, 440 Mills Point Road offers an affordable opportunity to enjoy the Lake Champlain lifestyle.