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Active under contract
  • Listed by: Flat Fee Real Estate • Robert Foley
    Price increase: $10K (9/17)
    $279,000

    491 Elm Street #4, Montpelier, VT 05602

    2beds
    650sqft
    : 
    $2,289/mo
    Get pre-qualified
    Condominium
    Built in 2026
    -- sqft lot
    $275,100 Zestimate®
    $429/sqft
    $-- HOA

    What's special

    Smart layoutEngineered hardwood flooring throughoutClean modern feelNearby river access
    Efficient, low-maintenance living in a newly constructed home just minutes from downtown Montpelier. This 2-bedroom, 1-bath garden-level unit offers a smart layout with engineered hardwood flooring throughout and a clean, modern feel. The kitchen is designed for everyday functionality, while the overall floor plan maximizes usable space and comfort.Built with energy efficiency in mind, the home features heat pump heating and cooling, along with an Energy Recovery Ventilation (ERV) system that provides continuous fresh air. High-performance construction helps maintain a quiet interior and contributes to lower and more predictable operating costs. Located on Elm Street, this home offers a rare combination of convenience and setting. Enjoy nearby river access while the building and parking areas remain outside the floodplain. A flat walk connects you to downtown Montpelier, the neighborhood bakery, town pool, recreation fields, North Branch Nature Center trails, and Hubbard Park.A compelling option for first-time buyers, downsizers, or anyone seeking a move-in-ready home with minimal upkeep and modern systems.
    21 days
    966
    46

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Foley,

    Flat Fee Real Estate 802-318-0833

    Source: PrimeMLS,MLS#: 5109646MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Heat Pump
      Cooling
      • Mini Split
      Appliances
      • Included: Dishwasher, Dryer, Range Hood, Microwave, Electric Range, Refrigerator, Washer
      Features
      • Dining Area, Kitchen/Dining, Kitchen/Family, Kitchen/Living, Living/Dining, Primary BR w/ BA
      • Flooring: Hardwood
      • Has basement: No
      Interior area
      • Total structure area: 650
      • Total interior livable area: 650 sqft
      • Finished area above ground: 650
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel, 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: $429/sqft
      • Date on market: 9/14/2026

        Estimated market value

        $275,100

        $261,000 - $289,000

        $2,254/mo

        Price history

        DateEventPrice
        9/17/2026Price change$279,000+3.7%$429/sqft
        Source: PrimeMLS #5109646 Report a problem
        9/14/2026Listed for sale$269,000$414/sqft
        Source: PrimeMLS #5109646 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        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.

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