




545 South Prospect Street #35, Burlington, VT, 05401
About This Home
Welcome to the coveted Overlake community in Burlington—where refined living meets an exceptional location. Ideally situated just moments from University of Vermont, UVM Medical Center, downtown Burlington, the shores of Lake Champlain, and within walking distance to Burlington Country Club, this residence offers effortless access to the very best of the area. Enter through the private courtyard of Unit #35, where a thoughtfully reimagined landscape by a local architect features stone pathways, curated perennial gardens, and new decking, creating a warm and inviting first impression. Inside, the home has been completely transformed under the direction of the current owner/contract designer. The expanded chef’s kitchen showcases custom cabinetry, high-end appliances, and opens seamlessly to the dining and living areas, perfect for entertaining. New west-facing windows frame filtered views of Lake Champlain and the Adirondacks, while filling the space with beautiful afternoon light. The primary suite is a serene retreat with new flooring and a spa-like bath featuring a walk-in shower and soaking tub. Thoughtful details, including designer wallpaper and classic glass door knobs, add understated elegance. A second bedroom and bath offer comfort for guests, while a main-level office provides ideal work-from-home flexibility or a cozy den. Recent upgrades include new mini-split systems for efficient heating and cooling, a new water heater, full electrical panel replacement with updated wiring, and an EV charger in the detached garage. Residents enjoy an inground pool and tennis courts, with golf just around the corner. A rare turnkey opportunity—simply move in and relax.
Getting Around
Schools
Construction
Condition
- Year built: 1982
Materials
- Foundation: Concrete
- Roof: Asphalt Shingle
- Construction materials: Wood Frame,Clapboard Exterior
Type & Style
- Home type: Townhouse
- Property subType: Condominium,Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Range Hood,Electric Range,Refrigerator,Washer,Tankless Water Heater
Basement
- Has basement: Yes
- Basement: Concrete Floor,Full,Storage Space,Unfinished,Interior Access,Basement Stairs,Interior Entry
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Features
- Dining Area,Hearth,Living/Dining,Primary BR w/ BA
- Flooring: Carpet,Hardwood,Tile
- Fireplace features: Gas
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,566
Heating & Cooling
- Heating features: Baseboard,Electric,Mini Split
- Cooling features: Mini Split
Interior Area
- Total structure area: 2,409
- Total interior livable area: 1,566 sqft
Property
Accessibility
- Accessibility features: 1st Floor 1/2 Bathroom,1st Floor Hrd Surfce Flr,Bathroom w/Step-in Shower,Bathroom w/Tub,Paved Parking
Details
- Parcel number: 11403519141
- Zoning description: Residential
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: In Ground
- Patio & porch: Covered Porch
- Exterior features: Deck,Garden
- Fencing: Full
- Has view: Yes
Lot
- Features: Condo Development,Landscaped,Trail/Near Trail,Views,Near Country Club,Near Golf Course,Near Paths
Parking
- Total spaces: 1
- Parking features: Shared Driveway,Paved,Auto Open,Driveway,Garage,Visitor,Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Lightning
- Strong Wind
- Winter Weather
- Cold Wave
- Earthquake
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Vermont Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,803 | $57,636 |
| Home Insurance | $173 | $2,076 |
| Property Taxes | $1,140 | $13,680 |
| Electricity | $254 | $3,053 |
| Total | $6,370 | $76,440 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-13 | Listed for sale | $950,000 |
| 2018-05-30 | Sold | $425,000 |
| 2018-02-16 | Listed for sale | $435,000 |
| 2004-06-23 | Sold | $317,850 |
