545 S Prospect St, Unit 21

Burlington, VT 05401

$559,000
Price
2
Beds
1,566 Sq. Ft.
$357 / Sq. Ft.
1,566
Sq. Ft.
$357
per Sq. Ft.

Description

One-level living in the middle of the Hill Section; these first-floor flats don’t come on the market often! Over 1,500 sf of living space above grade offering two bedrooms and two baths plus an additional 1,500 sq. ft. in the basement. A perfect space for those looking to downsize. Numerous updates over the years include converting the heat to natural gas hot water baseboards, and updating the kitchens and baths in 2011. The Overlake Condominiums are situated on 7 acres of common land and have their...One-level living in the middle of the Hill Section; these first-floor flats don’t come on the market often! Over 1,500 sf of living space above grade offering two bedrooms and two baths plus an additional 1,500 sq. ft. in the basement. A perfect space for those looking to downsize. Numerous updates over the years include converting the heat to natural gas hot water baseboards, and updating the kitchens and baths in 2011. The Overlake Condominiums are situated on 7 acres of common land and have their own pool and tennis courts. The seasonal views are spectacular with peaks of Lake Champlain & the Adirondack Mountains year-round. Overlake is located across the street from the Burlington Country Club with easy access to bike paths, running trails, the UVM medical Center, and more.
  1. Listed by Brian M. Boardman • Coldwell Banker Hickok and Boardman • Off: 802-863-1500

Property Details for 545 South Prospect Street, Unit 21

Development / Subdivision
Overlake Condos
Waterfront Property
No
Zoning
RL
LISTING UPDATED: 12/04/2025 06:55 PM

Property Details for 545 South Prospect Street, Unit 21

StatusActive
MLS #5068120
Days on Market63
Taxes$14,616 / year
HOA Fees$1,022 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1982
CountyChittenden County

Location

Listing Courtesy of Coldwell Banker Hickok and Boardman
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Building Information for 545 South Prospect Street, Unit 21

Building/ComplexOverlake CondominiumsFloor-Stories1Residences12Pet Policy-Pet Policy Details-Year Built1982

Payment Calculator

$5,002 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,762

Property Taxes

$1,218

HOA Dues

$1,022

The Payment Calculator is for illustrative purposes only.

Property Information for 545 South Prospect Street, Unit 21

Summary
Location and General Information
  • City: Burlington
  • County: VT-Chittenden
  • Directions: Across from Redstone Commons on South Prospect Street. Turn into Overlake development, then turn left inside entrance to Building II, #21 interior first floor unit.
  • Latitude: 44.465829195682311
  • Longitude: -73.202170906745920
  • Road Frontage: No
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05401
Taxes and HOA Information
  • Condo Fees: Yes
  • Fee: $1,022.00
  • Fee Frequency: Monthly
  • Fee Includes: Landscaping, Other, Plowing, Recreation, Sewer, Trash, Water, Condo Association Fee
  • SPAN Number: 114-035-19127
  • Tax Year: 2025
  • Tax Year Notes: 2025-2026
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 1.00
  • Driveway: Common/Shared, Paved
Property
Lot Information
  • Common Land Acres: 7.0
  • Lot Features: Condo Development, Lake View, Landscaped, Mountain View, Trail/Near Trail, In Town, Near Country Club, Near Golf Course
  • Lot Size Acres: 0.0
Property and Assessments
  • Current Use: No
  • Condo Name: Overlake Condominiums
  • Property Class: Residential
  • Property Type: Condo
  • Construction Status: Existing
  • Flood Zone: No
  • Owned Land: Shared
  • PreConstruction: No
  • Resort: Yes
  • Surveyed: Yes
  • Year Built: 1982
Utilities
  • Electric Company: Burlington Electric
  • Fuel Company: Vermont Gas
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable Available, Telephone Available
  • Internet: Unknown
Interior and Exterior Features
Exterior Features
  • Color: Cream
  • Association Amenities: Building Maintenance, Master Insurance, Landscaping, Common Acreage, In-Ground Pool, Snow Removal, Tennis Court, Trash Removal
  • Construction Materials: Wood Frame, Clapboard Exterior, Wood Exterior
  • Roof: Asphalt Shingle
Interior Features
  • Appliances: Dishwasher, Disposal, Dryer, Range Hood, Electric Range, Refrigerator, Washer, Tank Water Heater
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Climate Controlled, Full, Interior Stairs, Storage Space
  • Rooms: Level 1: Level 1: Bedroom, Level 1: Dining Room, Level 1: Family Room, Level 1: Kitchen, Level 1: Living Room, Level 1: Primary Bdm Ste
  • Flooring: Carpet, Parquet, Vinyl
  • Heating: Natural Gas, Baseboard, Hot Water, Multi Zone
  • Cooling: None
  • Total Stories: 1
Room Information
Room 1
  • Room Dimensions: 12'10" x 8'3"
  • Room Level: 1
  • Room Type: Kitchen
Room 2
  • Room Dimensions: 10'2" x 8'4"
  • Room Level: 1
  • Room Type: Family Room
Room 3
  • Room Dimensions: 17'2" x 15'5"
  • Room Level: 1
  • Room Type: Living Room
Room 4
  • Room Dimensions: 17'2" x 11'4"
  • Room Level: 1
  • Room Type: Dining Room
Room 5
  • Room Dimensions: 15' x 15'
  • Room Level: 1
  • Room Type: Primary BR Suite
Room 6
  • Room Dimensions: 15'2" x 10'7"
  • Room Level: 1
  • Room Type: Bedroom
Multi Family
Multi-Family Information
  • Units Per Building: 12
Rental
Rent Information
  • Rented: No

Property History for 545 South Prospect Street, Unit 21

DateEvent & SourcePriceAppreciation
Oct 31, 2025

Listed (Active)

New England Real Estate Network #5068120

$599,000—
DateEvent & SourcePrice
10/31/2025

Listed (Active)

New England Real Estate Network #5068120

$599,000

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

Public Records for 545 South Prospect Street, Unit 21

Taxable ValueLand$300Additions$613,200Total$613,500
Tax Record2024$14,828 ($1,236 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,566 SqFtAbove Grade Finished SqFt1,566 SqFtStories1StyleCondominiumYear Built1982ZoningRLCountyCHITTENDENAPN(035) 054-3-010-021Fireplace TypeHas Fireplace

Schools near 545 South Prospect Street, Unit 21

This home is within Burlington School District.
Rating
School
Type
Grades
Distance
Edmunds Elementary School
Public - PK to 5
Edmunds Middle School
Public - 6 to 8
Burlington Senior High School
Public - 9 to 12
Burlington Technical Center
Public - 9 to 12
Rating
School
Distance
Edmunds Elementary School
PublicPK to 5

Edmunds Middle School
Public6 to 8

Burlington Senior High School
Public9 to 12

Burlington Technical Center
Public9 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 545 South Prospect Street, Unit 21, Burlington, VT 05401

545 South Prospect Street, Unit 21 is a condo for sale in Burlington, VT 05401. This property was listed for sale on October 31, 2025 by Coldwell Banker Hickok and Boardman, it's currently listed at $559,000. This listing's school district is Burlington School District. Nearby schools include Edmunds Elementary School, Edmunds Middle School and Burlington Senior High School. 545 South Prospect Street, Unit 21 is a 2-bed, 2-bath, 1,566 sqft condo built in 1982.

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 Coldwell Banker Hickok and Boardman

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