Skip main navigation
Active
  • Listed by: Flat Fee Real Estate • Robert Foley
    $429,000

    491 Elm Street #2, Montpelier, VT 05602

    3beds
    1,190sqft
    : 
    $3,342/mo
    Get pre-qualified
    Condominium
    Built in 2026
    -- sqft lot
    $424,600 Zestimate®
    $361/sqft
    $-- HOA

    What's special

    Modern designCarpeted bedroomsEngineered oak flooringContemporary kitchenPremium soundproofing between unitsDurable finishesQuartz countertops
    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.
    18 days
    1,408
    66

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Foley,

    Flat Fee Real Estate 802-318-0833

    Source: PrimeMLS,MLS#: 5108779MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Heat Pump
      Cooling
      • Mini Split
      Appliances
      • Included: Dishwasher, Range Hood, Microwave, Electric Range, Refrigerator
      Features
      • Dining Area, Kitchen/Dining, Kitchen/Family, Kitchen/Living, Living/Dining, Primary BR w/ BA
      • Flooring: Hardwood, Tile
      • Has basement: No
      Interior area
      • Total structure area: 1,190
      • Total interior livable area: 1,190 sqft
      • Finished area above ground: 1,190
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Paved, Off Street, On Site, Parking Spaces 2
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      Lot
      • Features: City Lot, Condo Development, Views
      Details
      • Zoning description: Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Other
      • Foundation: Concrete
      • Roof: Shingle
      Condition
      • Under Construction
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Utilities for property: Cable

      Community & HOA

      Community
      • Security: HW/Batt Smoke Detector
      HOA
      • Services included: Maintenance Grounds, Plowing, Condo Association Fee, For Reserves
      • Additional fee info: Fee: $225
      Location
      • Region: Montpelier

      Financial & listing details

      • Price per square foot: $361/sqft
      • Date on market: 9/8/2026

        Estimated market value

        $424,600

        $403,000 - $446,000

        $3,295/mo

        Price history

        DateEventPrice
        9/8/2026Listed for sale$429,000$361/sqft
        Source: PrimeMLS #5108779 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 05602

        Getting around

        22 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Union Elementary School
        • Middle: Main Street Middle School
        • High: Montpelier High School

        Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts