$725,000

545 S Prospect St Unit 16 Burlington, VT 05401

$8,609
Closing credit¹
2 beds
2 full
1,446 sqft
$501 / sqft
Condo

Property details

About 545 S Prospect St Unit 16

Enjoy Lake Champlain and Adirondack views and sunsets from this second-floor flat at Overlake Condominiums. Located at the top of this "Hill Section In Burlington, this is an excellent location to walk to downtown Burlington, the Lake Champlain waterfront, the University of Vermont, restaurants, yoga, and more. Overlake offers a rare seven acres of landscaped grounds, a tennis court, and a pool. This upgraded property is turned key and ready to make your home. The open floor plan is well-designed, and Peregrine Construction built a quality kitchen. The east-facing kitchen has a wall of windows and ample space for an eat-in area or office. The owner has his desk and sofa, creating a fun, functional room. The dining and living area is bright and open, with a new gas fireplace and handsome built-ins. All new hardwood maple flooring and crown molding. Walk out to the balcony for afternoon sun and sunsets. The primary ensuite bedroom with views west has a remodeled full bath with custom tile and vanity. The second bedroom and remodeled bathroom have a stall shower and custom tile. The entrance has a private courtyard with gardens. One car garage. This condominium is "easy living" with low-cost heat and power bills!

Highlights

Home typeCondominium
HeatingNatural Gas, Baseboard, Electric
StatusActive
Size1,446 sqft
Year built1982
ParkingAuto Open, Assigned, Garage, Parking Spaces 1, Visitor, Detached
MLS #5029595
Garage1 space
FireplaceGas Fireplace

Summary

  • MLS Number: 5029595
  • Office Name: Four Seasons Sotheby's Int'l Realty
  • Office Phone: (802) 864-0541
  • Office Email: brian.racine@fourseasonssir.com
  • Listing Agent: Kathleen OBrien

IDX© Copyright 2025 PrimeMLS, Inc. 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/23/2025, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$725,000

545 S Prospect St Unit 16

$8,609

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$434,200$9,175
2022$434,200$9,175
2021$515,500$3,718
2020$304,100$3,718
2019$304,100$8,547
2018$304,100$8,162

History based on county public records data.

Nearby schools

5

Edmunds Elementary School

Public District KG-5

0.7 mi

299 Main St

6

Champlain Elementary School

Public District KG-5

0.8 mi

800 Pine St

7

Rick Marcotte Central School

Public District PK-5

1.3 mi

200 Market St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $90,407. The majority of Burlington, VT residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

15%
<35k
39%
35k-100k
26%
100k-200k
20%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

53%
Single, No Kids
4%
Single, with Kids
26%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
46%
18-34 yrs old
29%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Yoga/pilatesYoga/pilates
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Chico'sChico's
  • H&MH&M
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • VolvoVolvo
  • AudiAudi
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 545 S Prospect St Unit 16

This home is located at 545 S Prospect St Unit 16 in Burlington, VT and zip code 05401 in the Hill Section neighborhood. This 1,446 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $725,000.

In January 2025 in Burlington, VT there were 50% more homes for sale than in December. While the average time on the market in January 2025 was 86 days, the median list price was $484,000.

From Rocket Homes Real Estate and based on county public records data.

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