Condo/Villa for Sale: 545 South Prospect Street #21, Burlington, VT 05401

2 beds
2 three quarter baths
1,566 sqft
$559,000
$559,000
545 South Prospect Street #21, Burlington, VT 05401
2 beds
2 three quarter baths
1,566 sqft
$559,000
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Price:
$559,000
$40,000 - 12/04/2025

Type Condo/Villa
Style Flat
Beds 2
Baths 2 three quarter baths
Square Feet 1,566 sqft
Year Built 1982
Taxes Paid $14,616

City Burlington
County Chittenden
School District Burlington School District
Subdivision Overlake Condos

MLS 5068120
Status Active
DOM 104 days
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.

Room Features

Bedroom 15'2" x 10'7"
Dining Room 17'2" x 11'4"
Family Room 10'2" x 8'4"
Kitchen 12'10" x 8'3"
Living Room 17'2" x 15'5"
Primary BR Suite 15' x 15'

Lot & Building Features

Appliances Disposal, Tank Water Heater, Range Hood, Electric Range, Washer, Dryer, Dishwasher, Refrigerator
Features Interior Cedar Closet, Gas Fireplace, Primary BR w/ BA, Ceiling Fan, Dining Area
Association Amenities Building Maintenance, Tennis Court, In-Ground Pool, Common Acreage, Master Insurance, Trash Removal, Landscaping, Snow Removal
Utilities Telephone Available, Cable Available
Construction Wood Exterior, Clapboard Exterior, Wood Frame
Fee $1,022
Cooling None
Heating Multi Zone, Natural Gas, Hot Water, Baseboard
Parking Description Visitor, Detached, Auto Open, Paved, Garage, Driveway
Sewer Public
Tax Year 2025
Taxes Paid $14,616
Water Public
Basement Description Climate Controlled, Storage Space, Interior Stairs, Full
Foundation Concrete
Lot Description Lake View, Near Country Club, Condo Development, In Town, Trail/Near Trail, Near Golf Course, Landscaped, Mountain View
Roof Asphalt Shingle
Features Exterior Full Fence, Patio, Covered Porch, Deck
Total Rooms 6
Garage Yes
3/4 Baths 2
Half Baths 0

Community and Schools

Elementary School Assigned
Junior High School Assigned
Senior High School Burlington High School

Price History of 545 South Prospect Street #21

Date Name Price Difference
12/04/2025 Price Adjustment $559,000 6.68%
10/31/2025 Listing Price $599,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$395,000
$285 / sqft
Average
$558,693
$358 / sqft
High
$715,000
$518 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Burlington 05401 2 2.0 $559,000 1,566 $357 N/A
40 College Street #510 Burlington 05401 2 2.0 $715,000 1,379 $518 06/20/2025
18 Lake Forest Drive Burlington 05401 2 2.0 $549,900 1,489 $369 04/18/2025
40 College Street #203A Burlington 05401 2 1.0 $510,000 1,522 $335 06/20/2025
545 South Prospect Street #16 Burlington 05401 2 2.0 $686,000 1,446 $474 04/14/2025
287 Juniper Drive South Burlington 05403 2 3.0 $425,000 1,680 $253 06/13/2025
10 Lake Forest Drive #10 Burlington 05401 2 2.0 $535,000 1,489 $359 06/13/2025
40 Southwind Drive Burlington 05401 2 3.0 $629,000 1,716 $367 05/23/2025
47 Southwind Drive Burlington 05401 2 3.0 $655,000 1,716 $382 07/09/2025
47 Finch Court South Burlington 05403 2 3.0 $485,000 1,658 $293 07/23/2025
89B North Champlain Street Burlington 05403 2 2.0 $395,000 1,388 $285 08/25/2025
122 Redrock Drive #203 Burlington 05401 2 2.0 $679,500 1,531 $444 08/01/2025
298 South Winooski Avenue #2B Burlington 05401 2 1.0 $406,000 1,444 $281 09/22/2025
71 South Williams Street #12B Burlington 05401 3 3.0 $440,000 1,716 $256 10/31/2025
43 Adams Street Burlington 05401 3 3.0 $690,000 1,499 $460 01/16/2026
3 Southwind Drive Burlington 05401 2 3.0 $580,000 1,716 $338 11/25/2025

Map of 545 South Prospect Street, Burlington, VT

Location Map Street View
Listed by Coldwell Banker Hickok and Boardman, Brian M. Boardman 802-343-0971
Photo of Rachael Brennan
Rachael Brennan
Marketing Director
Direct: 413-446-6479
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
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20%
2.6146690518784%
6.75%
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Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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545 South Prospect Street (MLS #5068120) is a flat condo/villa located in Burlington, VT. This condo/villa is 1,566 sqft with 2 bedrooms and 2 baths. This property was listed on 10/31/2025 and has been priced for sale at $559,000.

The 2 bedroom condo/villa at 545 South Prospect Street in Burlington is nearby and sold for $686,000 on 04/14/2025. Another nearby 2 bedroom condo/villa , 298 South Winooski Avenue in Burlington sold for $406,000 on 09/22/2025.

Nearby zip codes are 05401 1480, 05401 5219, 05403, 05404 and 05446. This property neighbors other cities such as Colchester, Essex Junction, Shelburne, South Burlington and Winooski.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Hickok and Boardman

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 02/12/2026