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487 Stevens Place, Newbury, VT, 05051

8beds
11baths
8,365sqft
$1,500,000
$179price/sqft
$11,136/moest. monthly cost
$445,440/yrincome needed

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

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

2/10
Blue Mountain Usd #21Grades PK-122.2 mi

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
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across Vermont Counties

Flood
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm

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

MonthlyAnnual
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...

35% on housing$381,805/yr
40% on housing$334,080/yr
45% on housing$296,960/yr

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.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 7.6%
7.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 05051
Orange County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 05051$223
Orange County$201

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

DateEventPrice
2026-01-20Price change$1,500,000
2025-09-08Listed for sale$1,700,000
2013-09-06Listing removed$998,000
2013-08-13Listed for sale$998,000

For Sale by Agent

AgentChris L Hoskin
BrokerageLang McLaughry Commercial Real Estate

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