21 A Preston Ln

Castleton, VT 05735

$269,000
Price
1
Bed
2,525 Sq. Ft.
$107 / Sq. Ft.
2,525
Sq. Ft.
$107
per Sq. Ft.

Description

This versatile two-unit mixed use building in a prime Castleton location offers a rare opportunity for both investors and owner-occupants. Currently it is a one-bedroom apartment with an additional commercial space, but with approval from the town, the property could be converted into a residential multi-family, featuring a one-bedroom, one-bathroom apartment and a spacious two-bedroom, one-and-a-half-bathroom apartment. The finished basement space provides plenty of storage, making it ideal for...This versatile two-unit mixed use building in a prime Castleton location offers a rare opportunity for both investors and owner-occupants. Currently it is a one-bedroom apartment with an additional commercial space, but with approval from the town, the property could be converted into a residential multi-family, featuring a one-bedroom, one-bathroom apartment and a spacious two-bedroom, one-and-a-half-bathroom apartment. The finished basement space provides plenty of storage, making it ideal for tenants or personal use. If you prefer to maintain the property as mixed use, the commercial space is full of potential. Its flexible layout lends itself perfectly to a wide variety of businesses—whether you envision it as an office, hair salon, daycare, or another professional use. Located in a prime Castleton location, this property combines visibility, convenience, and long-term potential. Whether you’re looking to expand your investment portfolio or create a home and business space all in one, this is a unique opportunity you won’t want to miss.
  1. Listed by Hughes Group Team • Casella Real Estate

Property Details for 21 A Preston Lane

Zoning
mixed use
LISTING UPDATED: 11/25/2025 05:45 PM

Property Details for 21 A Preston Lane

StatusActive
MLS #5060211
Days on Market103
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1988
Lot Size0.40 AC / 17,424 SF
CountyRutland County

Location

Listing Courtesy of Casella Real Estate
Add your commute

Building Information for 21 A Preston Lane

Stories1Residences2Year Built1988Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

$1,765 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,329

Property Taxes

$436

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 21 A Preston Lane

Summary
Location and General Information
  • City: Castleton
  • County: VT-Rutland
  • Latitude: 43.611372927798428
  • Longitude: -73.208072000000001
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Lane
  • Zip Code: 05735
Taxes and HOA Information
  • SPAN Number: 129-040-10325
  • Taxes TBD: Yes
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot Features: Level
  • Lot Size Acres: 0.4
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1988
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Telephone Available
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Wood Siding
  • Roof: Asphalt Shingle
  • Total Ranges: 2
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partially Finished
  • Total Full Baths: 3
  • Flooring: Carpet, Vinyl
  • Heating: Oil, Baseboard, Hot Water
  • Cooling: Central AC
  • Total Refrigerators: 2
  • Total Stories: 1.25
  • Total Water Heaters: 2
Multi Family
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 1
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Style: Office/apartment
  • Unit 1 Baths: 2
  • Unit 1 Bedrooms: 0
  • Unit 1 Level Number: 1
  • Unit 1 Status: Vacant
  • Unit 1 Rooms: 4
  • Unit 1 Info: Air Conditioner, Heat Included, Electric Range, Refrigerator, Storage
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Style: Residential
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 3
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 1
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $825.00
  • Unit 2 Info: Appliances Included, Heat Included
  • Unit 2 Tenant Pays: Electric

Property History for 21 A Preston Lane

DateEvent & SourcePriceAppreciation
Sep 8, 2025

Listed (Active)

New England Real Estate Network #5060211

$269,000—
DateEvent & SourcePrice
09/08/2025

Listed (Active)

New England Real Estate Network #5060211

$269,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 21 A Preston Lane

Taxable ValueLand$53,200Additions$153,500Total$206,700
Tax Record2024$5,234 ($436 / month)
Home Facts
Total Finished SqFt1,956 SqFtAbove Grade Finished SqFt1,956 SqFtStories1Lot Size17,424 SqFtStyleMiscellaneous CommercialYear Built1988ZoningVCCountyRUTLANDAPN(040) 445000019

Schools near 21 A Preston Lane

This home is within Slate Valley Unified Union School District #62.
Rating
School
Type
Grades
Distance
Castleton Elementary School
Public - PK to 6
Castleton Village School
Public - 6 to 8
Fair Haven Uhsd #16
Public - 7 to 12
Rating
School
Distance
Castleton Elementary School
PublicPK to 6

Castleton Village School
Public6 to 8

Fair Haven Uhsd #16
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 21 A Preston Lane, Castleton, VT 05735

21 A Preston Lane is a multi-family home for sale in Castleton, VT 05735. This property was listed for sale on September 8, 2025 by Casella Real Estate, it's currently listed at $269,000. This listing's school district is Slate Valley Unified Union School District #62. Nearby schools include Castleton Elementary School, Castleton Village School and Fair Haven Uhsd #16. 21 A Preston Lane is a 1-bed, 3-bath, 2,525 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Casella Real Estate

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. Data last updated 12/21/2025 01:23 AM