261 South Prospect Street, Burlington, VT, 05401 | $895,000

Graciously located in the desirable Hill Section of Burlington, this distinctive Tudor home offers a perfect blend of historic charm and modern potential. Boasting 4 spacious bedrooms and 3 baths, the home offers the perfect opportunity for buyers looking to personalize space, inviting creative updates to transform it into your dream home. The inviting eat-in kitchen features granite countertops, stainless steel appliances, and a generous walk-in pantry, providing essential storage for your culinary needs. The home also offers an elegant formal dining room and a sun-drenched living room complete with a wood-burning fireplace, perfect for entertaining. A bright, four-season sunroom offers a peaceful retreat for work or leisure. Upon entering, you are welcomed by a beautifully crafted stairway that leads to four well-sized bedrooms and a cozy office. The third-floor walk-up attic offers exciting potential for further expansion. The walk-out basement, bathed in natural light, is a spacious area that can be utilized for a variety of activities including a workshop, hobby area, or play space, while providing easy access to a two-car garage and a level yard ideal for outdoor enjoyment. An oversized deck enhances the outdoor living experience, setting the stage for al fresco dining and relaxed gatherings. Ideally located near UVM, the Medical Center, downtown, top schools, and Lake Champlain, this elegant home offers convenience in one of Burlington’s most desirable neighborhoods.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 2 full / 1 three-quarter
  • Style: Tudor
  • Year Built: 1927
  • Garage: 2-car Garage
  • Heating: Hot Water
  • Cooling: Mini Split
  • Basement: Unfinished,Walkout
  • Approx Sq. Feet: 2,441
  • Acreage: 0.28
  • Est. Taxes: $19,759
  • Lot Desc: Landscaped,Sidewalks,In Town,Near Country Club,Near Golf Course,Near Paths,Near Shopping,Neighborhood,Near Hospital,Near School(s)
  • Elem. School: Edmunds Elementary School
  • Middle School: Edmunds Middle School
  • High School: Burlington High School
  • School District: Burlington School District
  • MLS#: 5034681
  • Website: https://www.raveis.com
    /prop/5034681/261southprospectstreet_burlington_vt?source=qrflyer
©2025 New England Real Estate Network, 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 PrimMLS. 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 5/12/2025
Listing courtesy of Four Seasons Sotheby's Int'l Realty   Phone: 802-864-0541
Listing Agent: Betsy Gregory

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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261 South Prospect Street, Burlington, VT, 05401

$895,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $716,000 $716,000 $716,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.663% 6.751% 6.309%
Monthly Tax Payment $1,647 $1,647 $1,647
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,122 $4,585 $6,090
Total Monthly Payment $5,861 $6,324 $7,829

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.