The lower points are probably the older buildings down near the village section of Smugglers, such as Oaks. The units are a little lacking, but comfortable. And they are close to walk over to the restaurants, etc...
As mpumilia stated, you are close to Burlington, which is just a great small city to visit. It's a major college town, so lots of shops, restaurants, and of course pubs. Driving up through the notch to Stowe is an amazing drive, and Stowe is a great tourist town with lots to see. Head down towards Waterbury to check out Ben and Jerry's factory (you have to do the tour!).
Get used to the windy roads... Lots of twists and turns! But if you want to take a nice day trip, head on over to the NEK (Northeast Kingdom) area that is basically from the Quebec border up near Newport, VT, on down to St Johnsbury. One hidden gem is Lake Willoughby, which is just beautiful. The lake though may be getting cold by September, but there's some nice hiking areas on the local mountains.
If in the Newport area, go to the Eastside Restaurant, which is right on Lake Memphemagog. You will be looking up the lake at Owl's Head Mountain, which is in Quebec. Just beautiful area.
Montreal is a great trip also, especially "Old Montreal" area. This is the historic old section of the city with some great shops and restaurants, right on the St Laurence Seaway. Travel time to MTL is more like 2+ hours from Smugglers, considering having to cross the border (don't forget your passport or passport card...).
In the Morrisville area is the Rock Art Brewery, and they give tours. A funky small brewer, and excellent beer!
Shelburne Museum is just south of Burlington, and is amazing! They have lots of buildings that were moved to the site including a light house, church, store, blacksmith shop, etc... But the big attraction is the Steamboat Ticonderoga! We love visiting every few years.
http://shelburnemuseum.org/
Now, the little village of Jefferson has a few nice restaurants also, and we love the grocery store there. And across 105 is a great bakery.
Have fun!