About this home
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.
Listing last checked: Listing updated:
Listed by Robert Foley · Flat Fee Real Estate · MLS #5111847
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Details at a glance
Interior4 property facts
- Rooms
- 6
- Heating
- Heat Pump
- Flooring
- Hardwood, Tile
- Basement
- Not reported
Building3 property facts
- Style
- Condominium
- Year built
- 2026
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 395 sq ft
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- Residential
Financial1 property facts
- HOA fee
- $225 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $439,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,220 / monthAdjust
- Principal & interest
- $2,220
- Property tax
- Not entered
- Insurance
- Not entered
- HOA
- Not entered
Annual property taxes were not supplied. Listing HOA fee: $225. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add property tax, 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.
More property insights
Photo-based condition insights
Overall presentation: excellent
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About 491A Elm Street #1
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Request a tour of 491A Elm Street #1 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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