Set along the shores of Lake Memphremagog in Derby, this bright and thoughtfully designed home offers a rare combination of quality craftsmanship, recreation, and scenic beauty. Built in 2009, the property sits on 1.29 acres with direct access to the recreational path right from your backyard-connecting you to the Memphremagog Trails, Bluffside Farm, Eagle Point Wildlife Refuge, and Lake Memphremagog. Inside, the home features a warm and inviting layout with maple hardwood and travertine floors, solid wood doors, and detailed custom finishes throughout. The kitchen is well-equipped with cherry cabinetry, stainless appliances, and a generous island that flows seamlessly into the dining and living areas. Large glass doors capture sweeping lake and mountain views while filling the space with natural light. Designed with gathering in mind, the outdoor living area includes a spacious deck, pergola, and an in-ground pool with cabana-ideal for relaxing or entertaining. Enjoy shared lake access with 50 feet of frontage (leased with a neighboring property owner), complete with a dock. The main level also includes a welcoming foyer, formal dining, sitting room with gas fireplace, and a mudroom off the heated two-car garage. Upstairs, the primary suite offers a spa-like bath and private balcony positioned perfectly for sunset views. Additional bedrooms provide ample space for guests, including multiple en suite options. A finished third level creates a great retreat, office or lounge space. The full basement offers excellent potential for expansion, with partially finished walls and open space ideal for a gym, recreation room, or future theater. If you are looking for an easy move, furnishings are negotiable (see list of available items). Property is located just a short drive to Jay Peak Resort and near VAST and VASA Trails, and Newport Country Club so here is your opportunity to enjoy lake living with year-round recreation.