We have a few more details about the historic estate in Vermont's beautiful Lake Champlain Islands (above) purchased by flamboyant Chanel designer Karl Lagerfeld earlier this month, as we reported. Here's what one of Lagerfeld's new neighbors wrote in to tell us about the six-bedroom property:

"It's in Grand Isle, Vermont. It's a Greek Revival home built in 1850, and it's on the Vermont Historic Registry. The price was under $1 million. There are numerous second-home owners in the area - from Montreal, Florida and New York - but no [other] well-known international celebrities. Until now, the Champlain Islands have been a well kept secret.... There are many other estates for sale up here much larger than Lagerfeld's new property, but in terms of price and privacy he got a great deal."

Our tipster adds that Lagerfeld is expected at the house this week for a Chanel photo shoot.

Here's how the town's website describes Grand Isle: "Bordered on three sides by water: on the east with the Inland Sea and the west with the broad lake of Lake Champlain, and to the north the 'gut' at the drawbridge to North Hero. It is the hub for the connecting year-round ferry to Plattsburgh, New York, 30 minutes to Burlington, and a day trip to Montreal. The fertile farmland overlooking vistas of breathtaking sunrises and sunsets is one of tranquility & peaceful pastoral views." You can see a Google map of the area here.

If you're interested in buying your own Grand Isle estate, our tipster suggests checking out the Sweeney Farm property on 10 acres, listed at $1.5 million.