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Courtesy of Robert Foley of Flat Fee Real Estate: .

491 Elm Street , #2

Montpelier, VT 05602
  • $429,000
  • STATUS: Active Under Contract
  • ON SITE: 37 Days
  • MLS #: 5108779
Under Contract
UPDATED: 28 min ago
$429,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,190
    SQFT
  • $361
    $/SQFT
Type:
Condo
Built:
2026
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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© Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-10-16T16:06:25.803.
www.livingvermont.com/homes/180989549
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491 Elm Street , #2 Montpelier, VT 05602

  • Price: $429,000
  • Status: Active Under Contract
  • On Site: 37 Days
  • Updated: 28 min ago
  • MLS #: 5108779
3
Beds
2
Baths
1
½ Baths
N/A
Acres
1,190
SQFT
$361
$/SQFT
2026
Built
County:
Washington
Area:
Montpelier
Elementary School:
Union Elementary School
Middle School:
Main Street Middle School
High School:
Montpelier High School
Property 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.
Exterior Features

Architectural Style Flat Construction Materials Other Driveway Paved Has Garage No Lot Features City LotCondo DevelopmentView Parking Off StreetOn-SiteParking Spaces 2 Road Frontage No Roof Shingle

Interior Features

Appliances DishwasherRange HoodMicrowaveElectric RangeRefrigerator Cooling Mini Split Flooring HardwoodTile Foundation Concrete Has Basement No Heating Heat Pump Interior Features Dining AreaKitchen/DiningKitchen/FamilyKitchen/LivingLiving/DiningPrimary BR w/ BA Quarter Baths 0 Rooms Total 6 Sq Ft Approx Fin Above Grade 1190 Sq Ft Approx Fin Below Grade 0

Property Features

Condo Fees Yes Condo Name Elm Street Planned Commun Construction Status Under Construction Covenants Yes Electric Circuit Breaker(s) Electric Company GMP Fee 225 Fee Frequency Monthly Fee Includes LandscapingPlowingCondo Association FeeFor Reserves Fee2 395 Flood Zone No Phone Company Xfinity Possession At Closing Pre Construction No Property Type Condo Road Frontage Type Public Seasonal No Sewer Public Span Number 405-126-14511 Special Listing Conditions None Surveyed Yes Taxes Tbd Yes Timeshare Fractional Own No Utilities Cable Water Source Public Zoning Residential

Courtesy of Robert Foley of Flat Fee Real Estate: .


© Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-10-16T16:06:25.803.
 
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