2 months on rocket

570 S Prospect St, Burlington, VT, 05401

$14,000,000

7 Bedrooms
7 Full Baths, 4 Partial
13,649 SqFt
$1,026/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAuto Open, Direct Entry, Heated Garage, Driveway, Garage, Parking Spaces 6+, Attached
Garage4 spaces
Year Built1904
HeatingForced Air, Geothermal, Radiant Floor
CoolingCentral Air
BasementYes
FireplaceGas Fireplace
Private PoolYes
MLS #4989760
Lot Size17.60 Acres
StatusActive

About 570 S Prospect St

Sitting proudly on a hilltop in the heart of Burlington VT and surrounded by the greens of the Burlington Country Club Golf Course, sits Fairholt. An iconic brick and stone Estate nestled on 17 acres. Originally built in 1890’s by Henry Holt a New York Publisher and landscape designed by Frederick Law Olmstead. Current owner purchased the home in 1996 and began a large renovation adding porches and two new wings on the east and west side of the house. Expanding the house from 9700 sq ft to almost 14,000 on five levels. The interior finishes are like none seen in this area. Using only the most exquisite materials. The Great room spans almost 60 ft in length with 24-ft high ceilings and herringbone laid African Mahogany floors. The main level encompasses the large bright eat in kitchen, with access to screen porch and bluestone patio, large dining room for entertaining, a library with custom cherry built bar area, family room for relaxing, a large recreation room and two offices . The Luxurious primary suite spans the entire second level with large bedroom, spa like bath, private gym with hot tub and separate Laundry room. A private oasis to unwind in. The third level houses 5-bedroom suites each with their own tile custom baths and two with fireplaces. The fourth level is a delight for your guests to retreat and a playroom. All are accessible by the elevator that reaches all 5 levels. The lower level is a movie lovers dream, with theatre room seating 16 chairs and a stage.

Property Details

Property Features

Property Information:

  • Year Built: 1904
  • Living Area: 13,649 SqFt

Listing Office:

  • Office Name: Four Seasons Sotheby's Int'l Realty
  • Office Phone: (802) 864-0541
  • Listing Agent: Mary Palmer

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Trash Compactor, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Marble, Slate/Stone
  • Interior: Central Vacuum, Bar, Blinds, Elevator - Passenger, Fireplace - Gas, Fireplace - Wood, Fireplaces - 3+, Home Theatre Wiring, Hot Tub, Kitchen Island, Primary BR w/ BA, Security, Soaking Tub, Storage - Indoor, Vaulted Ceiling, Walk-in Closet, Walk-in Pantry, Wet Bar, Laundry - 1st Floor, Laundry - 2nd Floor
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, Garden Space, Natural Shade, Patio, Pool - In Ground, Porch - Covered, Porch - Screened, Storage, Tennis Court

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Auto Open, Direct Entry, Heated Garage, Driveway, Garage, Parking Spaces 6+, Attached

Virtual/3D Tour

  • Virtual Tour: 570 S Prospect St

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 17.60 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Geothermal, Radiant Floor
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $14,000,000
  • Price Per SqFt: $1,026/SqFt

Tax Information:

  • Annual Amount: $140,780
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Burlington, VT.

Med. List Price

$512K

Med. Price/SqFt

$363

Avg. Days On Market

40

# of Sold Homes

10

570 S Prospect St vs Burlington

60 DAYS ON ROCKET

+20 Days

$14,000,000

+$13.4M More

$1,026/SqFt

+$662 More

KEY TAKEAWAY

This property is $13.4M more than the Median List Price and $662/SqFt more than other homes in Burlington, VT.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #4989760

Listing Office:

  • Office Name: Four Seasons Sotheby's Int'l Realty
  • Office Phone: (802) 864-0541
  • Listing Agent: Mary Palmer

IDX© Copyright 2024 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 11:20:41 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$140,780$3,516,900
2019$102,936$3,516,900
2018$98,860$3,516,900
2017$93,673$3,516,900

History based on county public records data.

Payment Calculator

$69.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$42K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6365255
4
/10
  • Edmunds Elementary School

  • 299 Main St

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-6365256
6
/10
  • Rick Marcotte Central School

  • 10 Market St

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-6365257
5
/10
  • Champlain School

  • 800 Pine St

  • 1.08 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,205. The majority of Burlington, VT residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 570 S Prospect St

What is the listing price of this property?

The listing price of 570 S Prospect St property is $14,000,000.

What type of property is this?

The property 570 S Prospect St is a house located in Burlington, Vermont, 05401.

Is this property for sale now?

Active Listing: 570 S Prospect St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $140,780 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 570 S Prospect St has 7 bedrooms and 7 full and 4 half bathrooms.

What is the square footage of this property?

The property 570 S Prospect St is 13,649 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 570 S Prospect St is 1904.
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Rocket HomesVermontChittenden CountyBurlington05401570 S Prospect St

This home is located at 570 S Prospect St in Burlington, VT and zip code 05401 in the Central Burlington neighborhood. This 13,649 square foot home, which was built in 1904, sits on a 17.60 acre lot. Features: 7 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $14,000,000.

The number of listings in Burlington, VT increased by 180% between March 2024 and April 2024. Listings spent 40 days on the market in April 2024, and had a median list price of $512,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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