




487 Stevens Place, Newbury, VT, 05051
About This Home
This remarkable 12 bedroom property sits high on a hill with breath-taking views to the north and east of Mt. Washington and surrounding mountains. In the past, it has been enjoyed as a private residence, a bed and breakfast inn, and most recently a private school. Total privacy at the end of its own road and driveway, there are approx. 278 acres of mixed open and wooded surrounding hills with a well maintained network of trails for hiking, biking and cross-country skiing. There is a large private pond only steps from your front door, waiting to be stocked with trout or just the right size for swimming and ice activities in the winter. Use this as a large vacation getaway or year round home, or a bed and breakfast again, there is plenty of room for whatever dreams you may have. There is a separate, detached garage with a caretaker's apartment on the 2nd floor, plus other buildings for all your equipment needs. The location is so remote and private, yet only a 10 minute drive back to the Wells River exit on I-91. Please call or email for a private showing soon.
Getting Around
Schools
Construction
Condition
- Year built: 1998
Materials
- Foundation: Concrete,Poured Concrete
- Roof: Metal,Standing Seam
- Construction materials: Wood Frame,Clapboard Exterior,Wood Exterior,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: New Englander
- Property subType: Farm
Interior
Basement
- Has basement: Yes
- Basement: Climate Controlled,Concrete Floor,Finished,Full,Insulated,Partially Finished,Interior Stairs,Walkout,Exterior Entry,Basement Stairs,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 11
- Full bathrooms: 9
- 1/2 bathrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 8,365
Heating & Cooling
- Heating features: Propane
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 8,865
- Total interior livable area: 8,365 sqft
Property
Details
- Zoning description: R-2
Features
- Levels: 2.5
- Stories: 2
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: Pond,Pond Frontage
- Frontage length: Road frontage: 100
Lot
- Lot size: 278 Acres
- Features: Country Setting,Field/Pasture,Hilly,Landscaped,Recreational,Secluded,Sloped,Views,Near Paths,Near Skiing,Rural
Parking
- Total spaces: 3
- Parking features: Paved
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Lightning
- Cold Wave
- Inland Flooding
- Strong Wind
- Winter Weather
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 | $7,584 | $91,008 |
| Home Insurance | $576 | $6,912 |
| Property Taxes | $1,912 | $22,944 |
| Electricity | $1,064 | $12,769 |
| Total | $11,136 | $133,632 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-20 | Price change | $1,500,000 |
| 2025-09-08 | Listed for sale | $1,700,000 |
| 2013-09-06 | Listing removed | $998,000 |
| 2013-08-13 | Listed for sale | $998,000 |
