55 Spear Lane #15, Colchester, VT, 05446
About This Home
New Construction in Blakely Meadows — Prime Units with Private Backyards, Ready for Summer Living These new construction townhomes in Blakely Meadows are scheduled for completion just in time to enjoy summer in the beautiful Malletts Bay area. Early buyers will have the opportunity to customize select finishes and options, making now the ideal time to secure one of these highly desirable units. Select prime homes feature private backyards, perfect for outdoor dining, relaxing evenings, and seamless indoor-outdoor living. The main level offers a bright, open-concept layout with hardwood and tile floors throughout. The kitchen, dining, and living areas flow together effortlessly and open to a private back deck—ideal for morning coffee or summer entertaining. Upstairs, you’ll find a spacious primary suite, two additional bedrooms, and a second full bath, all designed with comfort and functionality in mind. A full basement with egress provides excellent future potential for a home office, recreation space, or guest area, while the attached two-car garage adds everyday convenience. Quality built by Sheppard Custom Homes, these residences combine energy-efficient construction with thoughtful design in a prime Colchester location near Malletts Bay, parks, schools, and shopping. Act now to take advantage of remaining customization opportunities before construction progresses. Schedule your tour today. This unit features sought after upgrades including Central AC and open railings!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Concrete
- Roof: Architectural Shingle
- Construction materials: Wood Frame,Vinyl Siding
Type & Style
- Home type: Townhouse
- Property subType: Condominium,Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Electric Range,Refrigerator,Natural Gas Water Heater
Basement
- Has basement: Yes
- Basement: Concrete Floor,Interior Stairs,Unfinished,Interior Entry
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Carpet,Hardwood,Tile
- Finished area below ground: 0
- Finished area above ground: 2,160
Heating & Cooling
- Heating features: Natural Gas,Hot Air
- Cooling features: None
Interior Area
- Total structure area: 3,036
- Total interior livable area: 2,160 sqft
Property
Details
- Zoning description: Residential
Features
- Levels: Two
- Stories: 2
Lot
- Features: PRD/PUD
Parking
- Total spaces: 2
- Parking features: Paved,Driveway,Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- 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
- Lightning
- 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 | $2,962 | $35,544 |
| Home Insurance | $116 | $1,392 |
| Property Taxes | $703 | $8,436 |
| Electricity | $274 | $3,297 |
| Total | $4,055 | $48,660 |
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 |
|---|---|---|
| 2026-04-17 | Price change | $585,900 |
| 2026-02-05 | Price change | $575,000 |
| 2026-01-08 | Listed for sale | $570,000 |
View on Zillow