21 A Preston Lane

Under Contract

$269,000

1 bed3 baths2,525 sqft$107/sqft

21 A Preston Ln, Castleton, VT 05735

Est: $1,781/moGet pre-approved

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.

LISTING UPDATED: 04/29/2026 03:30 PM

Listed by Hughes Group Team • Casella Real Estate

Property Details for 21 A Preston Lane

Status

Under Contract

MLS #

5060211

Days on Market

232

Taxes

$4,969 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi Family

Year Built

1988

Lot Size

0.40 AC / 17,424 SF

County

Rutland County

Zoning

mixed use

Location

Listing Courtesy of Casella Real Estate

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Building Information for 21 A Preston Lane

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

Payment Calculator

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$1,781 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,367

Property Taxes

$414

HOA Dues

The Payment Calculator is for illustrative purposes only.

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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
Tax Year: 2026

Taxes TBD: No

Parking

Garage: No
Driveway: Gravel

Virtual Tour

Property Panorama Virtual Tour: https://tour.neren.com/21A-Preston-Lane-Castleton-VT-05735/unbranded

Property

Lot Information

Lot Features: Level
Lot Size Acres: 0.4

Total Finished Area: 2525.0
Above Grade Finished Area: 1956.0
Above Grade Finished Area Source: Public Records
Above Grade Unfinished Area: 0.0
AboveGradeUnfinishedAreaSource: Public Records
Below Grade Finished Area: 569.0
Below Grade Finished Area Source: Other
Below Grade Unfinished Area: 1387.0
BelowGradeUnfinishedAreaSource: Other
Lot Size Square Feet: 17424.0
Total Area: 3912.0

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

Date	Event & Source	Price	Appreciation
Apr 28, 2026	Active Under Contract New England Real Estate Network #5060211		—
Sep 8, 2025	Listed (Active) New England Real Estate Network #5060211	$269,000	—

Date	Event & Source	Price
04/28/2026	Active Under Contract New England Real Estate Network #5060211	—
09/08/2025	Listed (Active) New England Real Estate Network #5060211	$269,000

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

Public Records for 21 A Preston Lane

Taxable ValueLand$79,800Additions$231,300Total$311,100

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
7/10	Castleton Elementary School	Public - Serves this home	PK to 6	0.6 mi
2/10	Fair Haven Uhsd #16	Public - Serves this home	7 to 12	3.2 mi
NR	Castleton Village School	Public - Nearby school	6 to 8	1.5 mi


Rating	School	Distance
7/10	Castleton Elementary School PublicPK to 6 Serves this home	0.6 mi
2/10	Fair Haven Uhsd #16 Public7 to 12 Serves this home	3.2 mi
NR	Castleton Village School Public6 to 8 Nearby school	1.5 mi

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Casella Real Estate

Copyright 2026 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 08/05/2026 07:03 PM

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