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Offered at $665,000Active
beds
2
baths
2
sq ft
1,446
Built
1982

545 South Prospect Street #20

Burlington, VT 05401

Residential · Active · MLS #5089912
Listing Courtesy of Vermont Real Estate Company | Kara Koptiuch

The home

About this home

Nestled in Burlington's coveted Hill Section, this exceptional second-floor Overlake flat offers sweeping western views of Lake Champlain and the Adirondack Mountains in one of the city's most desirable locations. Thoughtfully reimagined by Peregrine Design Build, the residence seamlessly blends timeless design with modern comfort. Expansive windows and inviting outdoor spaces maximize the spectacular views, while the front courtyard, professionally designed by Sylvia Jope of Old World Designs and installed by Heart & Soil Landscaping, provides a peaceful setting for morning coffee. Extensively updated, the home features a complete kitchen, primary bath and structural renovation completed in 2018, engineered red birch hardwood flooring throughout, updated appliances including the washer and dryer, IPE decking on the rear balcony, Hunter Douglas blinds, premium ceiling-mounted heat pumps for efficient heating and cooling, a new natural gas fireplace, several upgraded Marvin windows, improved east wall insulation and a new awning at the second bedroom. Additional highlights include an attached one-car garage and abundant guest parking. Residents enjoy Overlake's exceptional amenities, including tennis courts, a beautifully renovated in-ground pool with a new pool deck and seven acres of common land. Ideally located just minutes from the Burlington Country Club, UVM Medical Center, I-89, BTV Airport, downtown Burlington and the Burlington Bike Path, this is a rare opportunity to enjoy turnkey living in one of Burlington's premier communities.

Property information

Details at a glance

Interior3 property facts
Rooms
4
Heating
Natural Gas, Electric
Flooring
Hardwood, Tile
Building5 property facts
Style
Condominium
Year built
1982
Garage
1
Parking
1
Roof
Shingle
Land & utilities4 property facts
Lot size
7 acres
Water
Public
Sewer
Public Sewer
Zoning
Residential-Low Intensity
Financial3 property facts
Annual taxes
$10,543
Assessment year
2025
HOA fee
$1,023 (billing period not supplied)

Plan your purchase

Estimated monthly cost

Explore costs at the $665,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,241 / monthAdjust
Principal & interest
$3,363
Property tax
$879
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $10,543. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $1,023. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

No additional listing history is available for public display.

Compare with confidence

Price & market context

See how this home compares with active listings in Burlington.

This home compared with active listings in Burlington
MetricThis homeLocal listings
List price$665,000$499,00033% above local
Price / sq ft$460$39018% above local
Days on market62666% below local

Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.

Keep exploring

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Common questions

About 545 South Prospect Street #20

Can I request a private showing?

Request a tour of 545 South Prospect Street #20 and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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