199 Summer St Springfield, VT 05156
Springfield AreaEstimated payment $1,280/month
Highlights
- Hot Property
- Brick Veneer
- Hot Water Heating System
- 2.5 Acre Lot
- Property near a hospital
- High Speed Internet
About This Home
A substantial redevelopment opportunity on approximately 2.5 acres in Springfield. The property features an approximately 11,500 sq. ft. former school building with municipal water and sewer, established road access, and Medium Density Residential zoning—creating a strong foundation for a range of future uses.
The scale of the building and site opens the door to several possibilities. Concepts explored for the property include conversion of the existing structure into approximately eight rental apartments, daycare or educational space, community-oriented uses, or a mixed-use project. The surrounding acreage may also lend itself to a broader residential development concept, including the potential for approximately 12 smaller homes, subject to municipal and state permitting and approvals.
Springfield provides an appealing setting for residential investment and redevelopment, with 10G fiber availability, convenient access to I-91, Springfield Hospital, and easy connections to the Upper Valley, Okemo Mountain Resort, Woodstock, and the wider Southern Vermont region.
For a developer, investor, or organization looking for a property with scale, infrastructure, and multiple avenues for reuse, this is an opportunity worth exploring.
Property Details
Home Type
- Condominium
Year Built
- Built in 1900
Parking
- Gravel Driveway
Home Design
- Brick Veneer
- Brick Foundation
- Slate Roof
Interior Spaces
- Property has 2 Levels
- Partially Finished Basement
- Interior Basement Entry
Bedrooms and Bathrooms
- 9 Bedrooms
- 2 Full Bathrooms
Location
- Property near a hospital
- City Lot
Utilities
- No Cooling
- Radiator
- Hot Water Heating System
- High Speed Internet
- Cable TV Available
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,698 | $105,100 | $35,500 | $69,600 |
| 2024 | $3,717 | $105,100 | $35,500 | $69,600 |
| 2023 | $1,500 | $105,100 | $35,500 | $69,600 |
| 2022 | $3,392 | $105,100 | $35,500 | $69,600 |
| 2021 | $3,377 | $90,400 | $27,300 | $63,100 |
| 2020 | $3,339 | $90,400 | $27,300 | $63,100 |
| 2019 | $3,205 | $90,400 | $27,300 | $63,100 |
| 2018 | $3,242 | $90,400 | $27,300 | $63,100 |
| 2017 | $0 | $100,000 | $0 | $100,000 |
| 2016 | $30,594 | $1,050,000 | $0 | $1,050,000 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/24/2026 09/24/26 | For Sale | $200,000 | -- | $9 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $9,688 | -- | |
| Deed | $91,000 | -- | |
| Deed | -- | -- |
Source: PrimeMLS
MLS Number: 5111439
APN: 606-190-13543
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
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