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Offered at $875,000Active
beds
2
baths
3
sq ft
1,566
Built
1982

545 South Prospect Street #35

Burlington, VT 05401

Residential · Active · MLS #5083255
Listing Courtesy of Four Seasons Sotheby's Int'l Realty | Mary P Palmer

The home

About this home

Welcome to the coveted Overlake community in Burlington—where refined living meets an exceptional location. Ideally situated just moments from University of Vermont, UVM Medical Center, downtown Burlington, the shores of Lake Champlain, and within walking distance to Burlington Country Club, this residence offers effortless access to the very best of the area. Enter through the private courtyard of Unit #35, where a thoughtfully reimagined landscape by a local architect features stone pathways, curated perennial gardens, and new decking, creating a warm and inviting first impression. Inside, the home has been completely transformed under the direction of the current owner/contract designer. The expanded chef’s kitchen showcases custom cabinetry, high-end appliances, and opens seamlessly to the dining and living areas, perfect for entertaining. New west-facing windows frame filtered views of Lake Champlain and the Adirondacks, while filling the space with beautiful afternoon light. The primary suite is a serene retreat with new flooring and a spa-like bath featuring a walk-in shower and soaking tub. Thoughtful details, including designer wallpaper and classic glass door knobs, add understated elegance. A second bedroom and bath offer comfort for guests, while a main-level office provides ideal work-from-home flexibility or a cozy den. Recent upgrades include new mini-split systems for efficient heating and cooling, a new water heater, full electrical panel replacement with updated wiring, and an EV charger in the detached garage. Residents enjoy an inground pool and tennis courts, with golf just around the corner. A rare turnkey opportunity—simply move in and relax.

Property information

Details at a glance

Interior3 property facts
Rooms
5
Heating
Baseboard, Electric
Flooring
Carpet, 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
Financial3 property facts
Annual taxes
$11,037
Assessment year
2026
HOA fee
$1,085 (billing period not supplied)

Plan your purchase

Estimated monthly cost

Explore costs at the $875,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$5,344 / monthAdjust
Principal & interest
$4,424
Property tax
$920
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $11,037. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $1,085. 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$875,000$499,00075% above local
Price / sq ft$559$39043% above local
Days on market14366117% above 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 #35

Can I request a private showing?

Request a tour of 545 South Prospect Street #35 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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