$349,900
$50K PRICE DROP

197 Garey Rd Fairlee, VT 05045

Estimated payment $2,214/month

Total Views 19,853
4 Beds
2 Baths
2,875 Sq Ft
$122 Price per Sq Ft

Highlights

  • 15.5 Acre Lot
  • Wooded Lot
  • Fireplace
  • Cape Cod Architecture
  • Mud Room
  • Living Room

About This Home

Looking for some sweat equity? This home needs someone with vision to bring it back to life! This spacious 4-bedroom, 2-bathroom home offers an incredible opportunity for anyone looking for a fixer-upper with endless potential. Set on a generous 15.50 acres of land, the property provides plenty of room for outdoor activities, gardening, or even future expansions. The home itself, while in need of some TLC, boasts a large layout with multiple fireplaces, adding both charm and warmth to the living spaces. With a bit of love and vision, this home can easily become the dream property you've been looking for. In addition to its size and character, the location is a huge bonus. Situated just a short distance from Interstate I-91, you'll enjoy easy access to travel and nearby amenities, making commuting or running errands a breeze. The large acreage offers privacy and tranquility, while still being conveniently close to major roadways. Whether you're a first-time homebuyer or a seasoned homeowner, this property has all the right ingredients for transformation into a beautiful country retreat or family home. Seller has never lived in the home and has no knowledge of systems. Buyers to do their own due diligence.

Listing Agent

Renee Rainville

New Leaf Real Estate Listed on: 03/10/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1800

Lot Details

  • 15.5 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Wooded Lot
  • Property is zoned Rural Residential

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Wood Siding

Interior Spaces

  • Property has 1 Level
  • Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dishwasher
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Drilled Well
  • Phone Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Directions: From Montpelier: Take US-302 E to I-91 S. Take Exit 14 for VT-113 W. Turn right onto Garey Rd. Property is on the left. From White River Junction: Take I-91 N to Exit 14. Turn left onto VT-113 W, then right onto Garey Rd. Property is on the left.
  • Seasonal: No
  • Property Type: Residential
  • Year Built: 1800
  • Display On Internet: Unknown
  • Architectural Style: Cape
  • ResoLotFeatures: Country Setting, Level, Wooded, Neighborhood
  • Road Frontage Type: Dead End, Gravel, Unpaved
  • PropertySubType: Single Family Residence
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 2875.0
  • Unit Levels: One and One Half
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: Yes
  • Mobile_Home: No
  • Pre_Construction: No
  • Room_1_Type: Mudroom
  • Room_10_Type: Bedroom
  • Room_11_Type: Bathroom Full
  • Room_2_Type: Kitchen
  • Room_4_Type: Family Room
  • Room_5_Type: Living Room
  • Room_6_Type: Bedroom
  • Room_7_Type: Bathroom Full
  • Room_8_Type: Bedroom
  • Room_9_Type: Bedroom
  • Basement_Access_Type: Walkout
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer
  • Total Bedrooms: 4
  • Basement: Concrete Floor, Full, Interior Stairs, Unfinished, Walkout, Exterior Access
  • Basement YN: Yes
  • Full Bathrooms: 2

Exterior Features

  • Driveway: Gravel
  • Roof: Asphalt Shingle
  • Construction Type: Clapboard, Wood Siding
  • Foundation Details: Fieldstone, Gravel/Pad, Concrete Slab

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Unknown
  • Heating: Oil, Baseboard, Hot Water
  • Cooling: None
  • Utilities: Phone
  • Water Source: Drilled Well, Private

Lot Info

  • Surveyed: Unknown
  • Zoning: Rural Residential
  • Lot Size Acres: 15.5
  • Lot Size Sq Ft: 675180.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9703.84

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Price Changed $349,900 -2.8% $122 / Sq Ft
08/14/2025 08/14/25 Price Changed $359,900 -2.7% $125 / Sq Ft
06/13/2025 06/13/25 Price Changed $369,900 -2.6% $129 / Sq Ft
05/16/2025 05/16/25 Price Changed $379,900 -2.6% $132 / Sq Ft
04/16/2025 04/16/25 Price Changed $389,900 -2.5% $136 / Sq Ft
03/11/2025 03/11/25 Off Market $399,900 -- --
03/10/2025 03/10/25 For Sale $399,900 -- $139 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5031635

PrimeMLS
Vermont Orange County Fairlee 05043

197 Garey Rd, Fairlee, VT

This home is located at 197 Garey Rd, Fairlee, VT 05045 and is currently priced at $349,900, approximately $121 per square foot. This property was built in 1800. 197 Garey Rd is a home located in Orange County with nearby schools including Thetford Elementary School, Open Fields School, and Thetford Academy.

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PrimeMLS Copyright 2025 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.

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Renee Rainville
Listing Agent
Renee Rainville
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New Leaf Real Estate
(802) 520-0653