One-level living in the middle of the Hill Section; these first-floor flats don't come on the market often! Over 1,500 sf of living space above grade offering two bedrooms and two baths plus an additional 1,500 sq. ft. in the basement. A perfect space for those looking to downsize. Numerous updates over the years include converting the heat to natural gas hot water baseboards, and updating the kitchens and baths in 2011. The Overlake Condominiums are situated on 7 acres of common land and have their own pool and tennis courts. The seasonal views are spectacular with peaks of Lake Champlain & the Adirondack Mountains year-round. Overlake is located across the street from the Burlington Country Club with easy access to bike paths, running trails, the UVM medical Center, and more.

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Tax Information

Tax Year2025

Basic Information

List Price$559,000
Square Feet1,566
StatusACT
Bedrooms2
Bathroom2
3/4 Baths2
RentedNo
StyleFlat
New ContructionExisting
MLS Number5068120
MLS StatusActive

Location

TownBurlington
StateVT
Zip05401
CountyChittenden
ZoningRL
ResortYes
ComplexOverlake Condominiums
SubdivisionOverlake Condos
DistrictBurlington School District
Flood ZoneNo
Elementary SchoolAssigned
Junior HighAssigned
High SchoolBurlington High School
Address545 South Prospect Street

Building

Disability Features1st Floor 3/4 Bathroom,1st Floor Bedroom, Bathroom w/Step-in Shower, One-Level Home, Paved Parking,1st Floor Laundry
Year Built1982
BuildingII
ConstructionWood Frame, Clapboard Exterior, Wood Exterior
GarageYes
Garage Spaces1
Unit Number21
Total Rooms6
FoundationConcrete
APX Fin Below Grade1,566

Property

AreaVT-Chittenden
Property TypeCondo
Road FrontageNo
DrivewayCommon/Shared, Paved
RoadsPaved, Public
Lot DescriptionCondo Development, Lake View, Landscaped, Mountain View, Trail/Near Trail, In Town, Near Country Club, Near Golf Course

Interior

FloorsCarpet, Parquet, Vinyl
Room 1 Dimensions12'10" x 8'3"
Room 1 Level1
Room 1 TypeKitchen
Room 2 Dimensions10'2" x 8'4"
Room 2 Level1
Room 2 TypeFamily Room
Room 3 Dimensions17'2" x 15'5"
Room 3 Level1
Room 3 TypeLiving Room
Interior FeaturesCedar Closet, Ceiling Fan, Dining Area, Gas Fireplace, Primary BR w/ BA
Room 4 Dimensions17'2" x 11'4"
Room 4 Level1
Room 4 TypeDining Room
Room 5 Dimensions15' x 15'
Room 5 Level1
Room 5 TypePrimary BR Suite
Room 6 Dimensions15'2" x 10'7"
Room 6 Level1
Room 6 TypeBedroom
BasementClimate Controlled, Full, Interior Stairs, Storage Space
Stories1

Exterior

Exterior FeaturesDeck, Full Fence, Patio, Covered Porch
Exterior ColorCream
RoofAsphalt Shingle

Utilities

Elec Co.Burlington Electric
ElectricCircuit Breaker(s)
WaterPublic
Heating CoolingNatural Gas, Baseboard, Hot Water, Multi Zone
Equipment AppliancesCO Detector, Smoke Detector
SewerPublic
UtilitiesCable Available, Telephone Available

Amenities

PetsCats OK, Dogs OK
PricePerSqFt356.96

Other

Fee IncludesLandscaping, Other, Plowing, Recreation, Sewer, Trash, Water, Condo Association Fee
HOA Fee$1,022
Date Price Change12/04/2025
Taxes$14,616
Tax Year Notes2025-2026
FrequencyMonthly
Unadjusted TaxesNo
SurveyedYes
SeasonalNo
Time ShareNo
Span114-035-19127
Association AmenitiesBuilding Maintenance, Master Insurance, Landscaping, Common Acreage, In-Ground Pool, Snow Removal, Tennis Court, Trash Removal
Date Listed10/31/2025
View Count3

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 February 14, 2026 7:53 PM EST

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