Price Reduction
Listing Provided Courtesy Of:
Jenny Flower with New England Landmark Realty LTD.
Address
147 Main Street Montpelier, VT
Price
$ 2,000,000
Property Attributes
  • MLS#4680692
  • TypeSingle Family
  • CountyWASHINGTON
  • CityMontpelier
  • AreaWashington
  • Zip05602
  • StyleApartment Building,Colonial,Conversion,Federal,His
  • Year Built1780
  • Taxes53025
  • Price$ 2,000,000
  • Bedrooms19
  • Full Bathrooms19
  • Half Bathrooms4
  • Sqr Footage11708
  • Lot Size1.25 Acres
Listing Provided Courtesy Of:
Jenny Flower with New England Landmark Realty LTD.
Property Description

Saturated with stately elegance and prominently poised at the head of Main Street, this aesthetically preserved property has been a respected historic landmark admired for generations. Constructed just after Montpelier was settled, the original 2 residences and barn were built and occupied by a well-known businessman and respected doctor. After several additions, remodels and renovations, the 2 front buildings have transitioned into The Inn at Montpelier and the rear barn building houses 10 fully furnished apartments. The white Federal and yellow Greek Revival homes that currently make up the 19-bedroom inn, offer numerous bedrooms, living rooms, dining rooms, a parlor, pantries, a large kitchen, wood burning fireplaces, porches and a relaxing wraparound veranda – space that holds various options and abundant potential! New owners can convert the homes back to single family residences or easily modify them to become multi-family properties and/or house air B&B’s. At one point, a fine dining restaurant was run out of the property and all food & beverage service permits and licenses remain in place and current to serve 44 guests. Just imagine the many creative ways all of this square footage can be used! Excellently maintained, an in-town location that can’t be beat with commercial zoning and plenty of off-street parking, this is a beautifully appealing property in so many ways! Apartment building can be included for $4,000,000.

Elementary School Middle School High School
Union Elementary School Main Street Middle School Montpelier High School
Price History
3/14/2018 Listed $4,000,000
4/5/2018 20% - $3,200,000
7/9/2018 13% - $2,800,000
8/3/2018 29% - $2,000,000

General Features

Area Description Commercial Zoning, Historic District, In Town, Near Shopping, Preservation District, Near Public Transportatn
Bathrooms 23
Construction Wood Frame
Construction Status Existing
Elementary School Union Elementary School
Features - Accessibility 1st Floor 1/2 Bathroom, 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, Hard Surface Flooring
High School Montpelier High School
Listing Area VT-Washington
Listing Status Active
Middle School Main Street Middle School
Price Per Sq Ft 170.82
Resort No
School District Washington
Stories 2
Style Apartment Building, Colonial, Conversion, Federal, Historic Vintage
Suitable Use Bed and Breakfast, Commercial, Residential
Tax Year 2017
Type Single Family
Year Built 1780
Zoning CB-2 HDR

Interior Features

Basement Yes
Basement Access Type Interior
Basement Description Concrete, Dirt, Unfinished
Cooling Central AC
Electric Circuit Breaker(s)
Equipment Security System, Smoke Detectr-Hard Wired, Sprinkler System
Flooring Carpet, Ceramic Tile, Hardwood, Softwood, Tile
Full Baths 19
Half Baths 4
Heating Baseboard, Hot Water, Steam, Stove - Pellet
Heating Fuel Oil, Pellet
Interior Features Attic, Bar, Blinds, Dining Area, Draperies, Fireplace - Wood, Fireplaces - 3+, Furnished, Hearth, In-Law/Accessory Dwelling, In-Law Suite, Kitchen/Dining, Kitchen/Family, Kitchen/Living, Laundry Hook-ups
Sqft-apx Fin Above Grade 11708
Sqft-apx Total 17392
Sqft-apx Total Finished 11708
Sqft-apx Unfn Below Grade 5684
Total Beds 19
Total Rooms 29
Utilities Phone, Cable, Cable - Available, DSL, DSL - Available, High Speed Intrnt -Avail, Internet - Cable, Multi Phone Lines, Telephone Available
Water Heater Other

Exterior Features

Driveway Common/Shared, Paved
Exterior Clapboard, Wood
Exterior Features Balcony, Guest House, Porch, Porch - Covered, Porch - Enclosed, Porch - Screened, Storage
Flood Zone Yes
Foundation Concrete, Fieldstone, Stone
Garage Yes
Garage Capacity 4
Garage Type Detached
Lot Description City Lot, Deed Restricted, Landscaped, Level, Sidewalks
Lot Size Area 1.25
Parking Driveway, Garage, Off Street, Parking Spaces 21+, Paved, Covered
Road Frontage TBD
Roads Paved, Public
Roof Membrane, Slate
Sewer Metered, Public
Water Metered, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 05602

Price
AVG $470K
$2M
Taxes
AVG $7,924
$53,025
Visits
AVG 19
136
Year Built
AVG 1925
1780
Walkscore
AVG 46
88

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