$429,000
 $2,303 est/mo Sourced by Back At You

491 Elm Street,Montpelier, VT 05602

Montpelier, VT 05602

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Description

This new home offers the rare combination of modern design, energy efficiency, and an exceptional in-town Montpelier location. This thoughtfully designed, approximately 1,200-square-foot, two-story home offers 3 bedrooms and 2.5 bathrooms with comfortable, low-maintenance living throughout. The bright, open main level features engineered oak flooring extending through the staircase and upper hallway, while the contemporary kitchen pairs quartz countertops with modern cabinetry and matte black hardware and fixtures. Carpeted bedrooms add comfort, and bathrooms feature tile flooring. Upstairs are three bedrooms, a shared full bath, and a private primary suite with its own bathroom. Large windows bring in abundant natural light and connect the interiors with the surrounding Vermont landscape. Built for year-round comfort, the home features an energy-efficient building envelope, heat pump heating and cooling, and continuous fresh air ventilation. Premium soundproofing between units helps create a quiet living environment. Located between 491 and 493 Elm Street, the property offers on-lot river access while keeping both the building and parking areas outside the floodplain. Enjoy a flat walk to downtown Montpelier's restaurants, shops, the neighborhood bakery, town pool, recreation fields, North Branch Nature Center, and Hubbard Park. Convenient access to I-89 makes travel throughout Central Vermont and beyond easy. The Elm Street Planned Community consists of just four residences. Durable finishes and efficient modern systems support easy ownership without the cost and hassle of deferred maintenance. Estimated occupancy is November 2026 (possibly sooner). A rare opportunity to own a brand-new home in an established neighborhood, with everything Montpelier has to offer close at hand.

Details

MLS #5108779
Listing TypeFor Sale
StyleCondominium
HOA Dues$225
Sub-TypeResale
Status(31) Under Contract - Active Under Contract
Year2026
Days On Site29
Listing Provided ByFlat Fee Real Estate | Robert Foley

Features

Bed(s)3
Bath(s) 3 Total
Story(s)1
ZoningResidential

Interior

Rooms Total6
CoolingMini Split
HeatingHeat Pump
Interior FeaturesDining Area, Kitchen/Dining, Kitchen/Family, Kitchen/Living, Living/Dining, Primary BR w/ BA
AppliancesDishwasher, Range Hood, Microwave, Electric Range, Refrigerator

Exterior

RoofShingle
Construction MaterialsOther
Foundation DetailsConcrete
Lot FeaturesCity Lot, Condo Development, Views

Parking

Garage Yes / NoNo
Parking FeaturesOff Street, On Site, Parking Spaces 2

Utilities

UtilitiesCable
ElectricCircuit Breakers
SewerPublic

Area Information

StateVT
CountyWashington
CityMontpelier
Zip Code05602
AreaVT Washington
Elementary SchoolUnion Elementary School
High SchoolMontpelier
Listing VS Median (in 05602)
Price:
$429,000
low | high
Med:
$0
On site:
29
low | high
Med:
Sourced by Back At You

Market Activity 05602

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Learn More About This Property

StateVT
CountyWashington
CityMontpelier
Zip Code05602
AreaVT Washington
Elementary SchoolUnion Elementary School
High SchoolMontpelier
Listing VS Median (in 05602)
Price:
$429,000
low | high
Med:
$0
On site:
29
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $321K - $536K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
491A Elm Street Property Photo 1
$439,000
491a Elm Street
Montpelier, VT 05602
Listing Updated: October 1, 2026 at 5:03:14 PM PDT