545 South Prospect Street, Unit 27 Burlington, Vermont 05401 MLS# 5026576

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For Sale Status

$859,000 List Price

Condo Type

3 Beds

3 Baths

1,766 Sqft

Listed By Sarah Harrington of Coldwell Banker Hickok & Boardman - (802)846-8811
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Burlington

End-unit at Overlake Condos! End-unit at Overlake Condos!
Beautiful, bright, west-facing Beautiful, bright, west-facing
Cozy gas fireplace Cozy gas fireplace
Views overlooking common yard Views overlooking common yard
Newly remodeled kitchen! Newly remodeled kitchen!
Eat-in area w/ courtyard view Eat-in area w/ courtyard view
Plenty of cabinets Plenty of cabinets
Dedicated dining area Dedicated dining area
Open floor plan Open floor plan
1/2 bath off entry 1st floor 1/2 bath off entry 1st floor
1st flr primary bedroom suite 1st flr primary bedroom suite
Updated bathroom in primary Updated bathroom in primary
Double closets in the primary Double closets in the primary
Stairs to the 2nd floor Stairs to the 2nd floor
2nd floor bedroom 2nd floor bedroom
2nd floor bedroom 2nd floor bedroom
2nd floor bedroom 2nd floor bedroom
Overlooking the lake & mtns Overlooking the lake & mtns
Two reach-in closets Two reach-in closets
Remodeled 2nd floor bathroom Remodeled 2nd floor bathroom
Basement laundry room Basement laundry room
Basement game room Basement game room
Detached 1-car garage Detached 1-car garage
Private courtyard w/ gardens Private courtyard w/ gardens
Private deck Private deck
Community pool Community pool
Community tennis court Community tennis court

Desirable Overlake Community

Enjoy 7 acres of common land, views of the lake and Adirondacks, and association tennis courts and in-ground pool when you live at the desirable Overlake Condominium development in the heart of Burlington's Hill Section! This rarely available 3-bedroom, 3-bathroom end-unit with a first floor primary suite combines comfort with unmatched accessibility. The owners have beautifully remodeled this condo including the kitchen and bathrooms. Hardwood flooring was added throughout the first floor, and some newer windows have been upgraded for improved efficiency. The sunken living room features a gas fireplace, creating a warm and inviting space to enjoy the views of the common backyard. Outside, a private deck offers a tranquil retreat, while the front, fenced-in courtyard boasts garden beds, flowers, fruit trees, and a place to relax and enjoy outdoor meals. Upstairs, westerly views provide a picturesque backdrop from one of the two additional bedrooms. An expansive 1,171 sq. ft. basement offers tons of storage. The detached 1-car garage with an auto-opener is conveniently located directly in front of the unit. Don't miss the opportunity to see this stunning move-in-ready home. The Overlake condominiums are located across from the Burlington Country Club and UVM, and just minutes from UVM Medical Center, downtown Burlington, and I-89.

Cooperation Fee - 2.5%

The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.

Property Location

545 South Prospect Street, Unit 27 Burlington

Property Details

List Price  $859,000 Total Rooms  5 List Date  Jan 14th, 2025
Cooperation Fee  2.5% Lot Size  NA Taxes $12,146
MLS#  5026576 Days on Market  31 Days Tax Year 2024
Type  Condo Stories  2 Road Frontage  
Bedrooms  3 Style   Water Frontage  
Full Bathrooms  2 Finished  1,766 Sqft Construction  No, Existing
3/4 Bathrooms  0 Above Grade  1,766 Sqft Seasonal  No
Half Bathrooms  1 Below Grade  0 Sqft Year Built  1982
1/4 Bathrooms  0 Garage Size  1 Car County  Chittenden
Interior FeaturesBlinds, Dining Area, Draperies, Fireplace - Gas, Fireplaces - 1, Laundry Hook-ups, Living/Dining, Primary BR w/ BA, Natural Light, Storage - Indoor, Surround Sound Wiring, Walk-in Closet, Window Treatment, Laundry - Basement, Smart Thermostat
Equipment & AppliancesWasher, Dishwasher, Disposal, Dryer, Refrigerator, Range-Gas, Microwave, Water Heater - Gas, Water Heater - Owned, Water Heater - Tank, Smoke Detector, CO Detector
Living Room 17' x 15'5", 1st Floor Dining Room 13'12" x 12'5", 1st Floor Kitchen - Eat-in 17' x 10'5", 1st Floor
Primary BR Suite 12'11" x 16'5", 1st Floor Bath - 3/4  1st Floor Bath - 1/2  1st Floor
Bedroom 12'12" x 15', 2nd Floor Bedroom 15'2" x 10'7", 2nd Floor Bath - Full  2nd Floor
Laundry Room 13'12" x 29'4", Basement Utility Room 15'10" x 17'1", Basement Rec Room 12'4" x 30', Basement
Association  Overlake Condominiums Amenities  Master Insurance, Landscaping, Common Acreage, Pool - In-Ground, Snow Removal, Tennis Court, Trash Removal Monthly Dues  $1,138
Construction
BasementInterior, Storage Space, Unfinished, Interior Stairs, Full, Unfinished
Exterior FeaturesDeck
Exterior   Disability Features  1st Floor 1/2 Bathrm, 1st Floor 3/4 Bathrm, 1st Floor Bedroom, Bathrm w/tub, Bathrm w/step-in Shower, Bathroom w/Tub, Hard Surface Flooring, Low Pile Carpet, Paved Parking
Foundation  Concrete House Color  Cream
Floors  Slate/Stone, Carpet, Laminate, Hardwood Building Certifications  
Roof  Shingle HERS Index  
DirectionsGuest parking is located on the left, facing the tennis court.
Lot DescriptionYes
Garage & Parking  1 Parking Space, Direct Entry, Garage, On-Site, Parking Spaces 1, Paved, Visitor, Covered, Detached
Road Frontage   Water Access  
Suitable UseResidential Water Type  
Driveway  Paved Water Body  
Flood Zone  Unknown Zoning  Residential
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Assigned High  Burlington High School
Heat Fuel  Electric Excluded  
Heating/Cool  None, Electric, Hot Water, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co  Xfinity Documents  Survey, Property Disclosure, Deed
Electric  Circuit Breaker(s) Tax ID  114-035-19133
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✱ If you engage a brokerage firm to represent you in a real estate transaction, you are responsible for compensating the firm according to the terms of your brokerage service agreement. Compensation to be paid under a brokerage service agreement is solely and entirely a matter of negotiation between an agent and client and is in no way controlled, fixed, or pre-established. Historically, cooperation fees were published in the Multiple Listing Service (MLS) for each Listing. Recent changes to the rules, prohibit the publication of these fees in the MLS but allow the display on a brokerage's website for their Clients' listings.