515 Sherman Rd Waitsfield, VT 05673
Property details
About 515 Sherman Rd
Welcome to Candlewood, a reimagined post & beam estate on nearly 40 acres in one of Waitsfield’s most coveted locations. This exceptional legacy property offers sweeping views of the Sugarbush Bowl, Mt. Ellen and Mad River Glen, amazing sunsets, lush manicured gardens, and a remarkable 15-foot-deep swimming pond featuring a custom circulating waterfall, aerating fountain, dock, beach, and surrounding trails for walking, hiking, or snowmobiling. Thoughtfully redesigned, the 4-bedroom, 4.5-bath home blends timeless craftsmanship with modern systems and infrastructure. The expansive living and dining area centers around a wood-burning fireplace and a dramatic wall of windows that frame the breathtaking mountain landscape. The chef’s kitchen—anchored by custom mahogany cabinetry—seamlessly connects to the three bay garage via a new mudroom and laundry room. Magnificent 12–24” wide barn plank flooring runs throughout the main level. Comfort is paramount with a 50,000 BTU wood stove, whole-house attic fan, six Mitsubishi split systems (in every bedroom and office), and a seven-zone heating system. The finished basement includes a 350-bottle wine cellar, Swiss-style sauna, snack kitchen, full bath, and media lounge perfect for game day gatherings. This legacy estate parcel includes beautiful high end furnishings, rugs and lighting. Exclusions apply for personal items and select antiques. Showings start July 31. Open House Saturday, August 2nd, 12 - 3 p.m.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Disposal, Dryer, Range Hood, Microwave, Gas Range, Refrigerator, Washer, Instant Hot Water, Tankless Water Heater, Wine Cooler, Exhaust Fan, Water Heater
- Basement: Yes
- Flooring Type: Carpet, Ceramic Tile, Wood
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Heating: Propane, Baseboard, Heat Pump, Wood Stove, Zoned
- Cooling: Zoned, Whole House Fan
- List Price: $2,849,000
- Price/SqFt: $523
- Annual Tax Amount: $31,826
- Tax Year: 2023
- Directions: From Waitsfield Village, take Bridge Street to East Warren Road. Follow approximately 2.8 miles to Sherman Road. Pass the intersection with Bowen Road. Driveway is immediately after on the left.
- Year Built: 1987
- Stories: 1
- Living Area: 5,440 SqFt
- Lot Size: 38.78 Acres
- MLS Number: 5053872
- Office Name: KW Vermont- Mad River Valley
- Office Phone: (802) 279-9585
- Listing Agent: Jane Austin
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Last updated on: 8/1/2025, 6:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 22, 2024 | Home Sold | $925,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,490,000 | $31,826 |
| 2022 | $1,490,000 | $31,826 |
| 2021 | $1,490,000 | $31,826 |
| 2020 | $1,490,000 | $28,370 |
| 2019 | $1,490,000 | $30,634 |
| 2018 | $1,490,000 | $29,539 |
History based on county public records data.
Nearby schools
8
Warren Elementary School
Public District PK-6
3.3 mi
•293 School Rd
9
Waitsfield Elementary School
Public District PK-6
3.6 mi
•3951 Main St
6
Northfield Elementary School
Public District PK-5
6.9 mi
•10 Cross St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $87,847. Most Waitsfield, VT residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
Frequently asked questions
About 515 Sherman Rd
The listing price of 515 Sherman Rd property is $2,849,000.
The property 515 Sherman Rd is a house located in Waitsfield, Vermont, 05673.
Active Listing: 515 Sherman Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 515 Sherman Rd are: Warren Elementary School (GreatSchools Rating 8/10), Waitsfield Elementary School (GreatSchools Rating 9/10), Northfield Elementary School (GreatSchools Rating 6/10), Crossett Brook Middle School (GreatSchools Rating 7/10), Main Street Middle School (GreatSchools Rating 7/10), Barre City Elementary & Middle School (GreatSchools Rating 3/10), Northfield Middle / High School (GreatSchools Rating 6/10), Harwood Union Middle / High School (GreatSchools Rating 7/10), Williamstown Middle / High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $31,826 (source: MLS/based on county public records data).
The last sale was on April 22, 2024 for $925,000 (source: MLS/tax record).
The property at 515 Sherman Rd has 4 bedrooms and 4 full and 1 half bathrooms.
The property 515 Sherman Rd is 5,440 SqFt (source: MLS/tax record).
The year of construction for 515 Sherman Rd is 1987.
This home is located at 515 Sherman Rd in Waitsfield, VT and zip code 05673. This 5,440 square foot home, which was built in 1987, sits on a 38.78 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $2,849,000.