$2,599,000
$250K PRICE DROP

515 Sherman Rd Waitsfield, VT 05673

Estimated payment $16,084/month

Total Views 3,578
4 Beds
4.5 Baths
5,440 Sq Ft
$478 Price per Sq Ft

Highlights

  • Private Dock
  • Water Views
  • Sauna
  • Waitsfield Elementary School Rated A
  • Wine Cellar
  • Waterfall on Lot

About This Home

Come see this beautifully reimagined post & beam estate on nearly 40 acres in one of Waitsfield’s most coveted locations. This exceptional property offers sweeping Sugarbush ski trail views, amazing sunsets, lush manicured gardens, and a remarkable 15-foot-deep swimming pond featuring a custom circulating waterfall, aerating fountain, dock, beach, and surrounding trails for walking, hiking, or snowmobiling.

Thoughtfully redesigned, the 4-bedroom, 4.5-bath home blends timeless craftsmanship with modern systems and infrastructure. The expansive living and dining area centers around a wood-burning fireplace and a dramatic wall of windows that frame the breathtaking mountain landscape. The chef’s kitchen—anchored by custom mahogany cabinetry—seamlessly connects to the three bay garage via a new mudroom and laundry room. Magnificent 12–24” wide barn plank flooring runs throughout the main level.

Comfort is paramount with a 50,000 BTU wood stove, whole-house attic fan, six Mitsubishi split systems (in every bedroom, the office, and 2nd Floor bonus room), and a seven-zone heating system. The finished basement includes a 350-bottle wine cellar, Swiss-style sauna, snack kitchen, full bath, and media lounge perfect for game day gatherings.

This legacy estate parcel includes beautiful high end furnishings, rugs and lighting. Exclusions apply for personal items and select antiques.

Listing Agent

Jane Austin

KW Vermont- Mad River Valley Brokerage Phone: 802-279-9585 License #081.0122698 Listed on: 07/29/2025

KW Vermont- Mad River Valley

Co-Listing Agent

Pamela Ott

KW Vermont-Stowe Brokerage Phone: 802-279-9585 License #082.0129224

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,292

Year Built

  • Built in 1987

Lot Details

  • 38.78 Acre Lot
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Garden

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger
  • Parking Storage or Cabinetry
  • Gravel Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Post and Beam
  • Adirondack Style Architecture
  • Concrete Foundation
  • Shake Roof
  • Shingle Roof
  • Wood Roof

Interior Spaces

  • Property has 1 Level
  • Wired For Sound
  • Woodwork
  • Cathedral Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Fireplace
  • Natural Light
  • Window Treatments
  • Window Screens
  • Mud Room
  • Wine Cellar
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Play Room
  • Workshop
  • Utility Room
  • Sauna

Kitchen

  • Walk-In Pantry
  • Gas Range
  • Range Hood
  • Microwave
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Home Security System
  • Smart Thermostat
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Washer and Dryer
  • Hard or Low Nap Flooring

Eco-Friendly Details

  • Whole House Exhaust Ventilation
  • Gray Water System

Outdoor Features

  • Private Dock
  • Pond
  • Stream or River on Lot
  • Lake, Pond or Stream
  • Deck
  • Patio
  • Waterfall on Lot
  • Shed
  • Outbuilding

Schools

  • Choice Elementary School
  • Harwood Union Middle/High School
  • Harwood Union High School

Utilities

  • Mini Split Air Conditioners
  • Dehumidifier
  • Common Heating System
  • Vented Exhaust Fan
  • Heat Pump System
  • Mini Split Heat Pump
  • Baseboard Heating
  • Drilled Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,292

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Directions: From Waitsfield Village, take Bridge Street to East Warren Road. Follow approximately 2.8 miles to Sherman Road. Pass the intersection with Bowen Road. Driveway is immediately after on the left.
  • Seasonal: No
  • Property Type: Residential
  • Year Built: 1987
  • Display On Internet: Fiber Optic Internet
  • Architectural Style: Adirondack, Post and Beam
  • ResoLotFeatures: Country Setting, Pasture, Landscaped, Mountain View, Pond, Secluded, Sloping, Stream, Water View, Waterfall, Wooded, Abuts Conservation, Rural
  • Road Frontage Type: Gravel, Public
  • PropertySubType: Single Family Residence
  • Co List Office Mls Id: 1844-07
  • Attribution Contact: Cell: 802-279-9585
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 3917.0
  • Reso Accessibility Features: 1st Floor 1/2 Bathroom, 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, Access to Common Areas, Accessible Washer/Dryer, Access to Parking, Hard Surface Flooring, No Stairs from Parking, 1st Floor Laundry
  • Reso Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Dining Area, Wood Fireplace, 1 Fireplace, Hearth, Kitchen Island, Master BR w/ BA, Natural Light, Natural Woodwork, Sauna, Security, Soaking Tub, Surround Sound Wiring, Vaulted Ceiling(s), Walk-In Closet(s), Walk-in Pantry, Whirlpool Tub, Window Treatment, 1st Floor Laundry, Common Heating/Cooling, Smart Thermostat
  • Unit Levels: One and One Half
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Mobile_Home: No
  • Pre_Construction: No
  • Room_1_Type: Living Room
  • Room_10_Type: Bedroom
  • Room_11_Type: Bathroom Three Quarter
  • Room_12_Type: Bedroom
  • Room_14_Type: Bonus Room
  • Room_15_Type: Playroom
  • Room_17_Type: Bathroom Three Quarter
  • Room_18_Type: Wine Cellar
  • Room_19_Type: Utility Room
  • Room_2_Type: Dining Room
  • Room_20_Type: Workshop
  • Room_4_Type: Office/Study
  • Room_5_Type: Primary BR Suite
  • Room_6_Type: Bathroom Half
  • Room_7_Type: Laundry Room
  • Room_8_Type: Mudroom
  • Room_9_Type: Bathroom Full
  • Water_Body_Type: Pond
  • Water_View: Yes
  • Basement_Access_Type: Interior
  • Room_13_Type: Bedroom
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Exhaust Hood, Microwave, Gas Range, Refrigerator, Washer, On Demand Water Heater, Owned Water Heater, Tankless Water Heater, Wine Cooler, Exhaust Fan, Water Heater
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Concrete, Finished, Full, Exterior Access
  • Other Equipment: Dehumidifier, Security System, Smoke Detector, Whole BldgVentilation, Wood Stove
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Below Grade Sq Ft: 1523.0

Exterior Features

  • Driveway: Gravel
  • Exterior Features: Deck, Garden, Natural Shade, Outbuilding, Patio, Covered Porch, Private Dock, Sauna, Shed, Storage, Window Screens, Tinted Window(s)
  • Roof: Shake, Shingle, Wood
  • Water Body Name: _Unnamed
  • Construction Type: Post and Beam, Clapboard
  • Exclusions: To be provided.
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Storage Above, Garage, On Site, Parking Spaces 6+, EV Charging Station(s), Attached

Utilities

  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: 1000 Gallon, Concrete, Grey Water, Conventional Leach Field, Existing Leach Field, On-Site Septic Exists, Private Sewer, Replacement Field-OnSite, Septic Tank
  • Heating: Propane, Baseboard, Heat Pump, Zoned, Wood Stove, Mini Split
  • Cooling: Zoned, Whole House Fan, Mini Split
  • Utilities: Propane
  • Water Source: Drilled Well

Schools

  • Elementary School: Choice
  • High School: Harwood Union High School
  • Middle Or Junior School: Harwood Union Middle/High

Lot Info

  • Surveyed: Yes
  • Zoning: Residential
  • Lot Size Acres: 38.78
  • Lot Size Sq Ft: 1689257.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 28292.04

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $35,924 $1,490,000 $750,200 $739,800
2023 $25,995 $1,490,000 $750,200 $739,800
2022 $32,461 $1,490,000 $750,200 $739,800
2021 $31,822 $1,490,000 $750,200 $739,800
2020 $31,332 $1,490,000 $750,200 $739,800
2019 $30,634 $1,490,000 $750,200 $739,800
2018 $29,539 $1,490,000 $750,200 $739,800
2017 $28,370 $1,490,000 $750,200 $739,800
2016 $27,486 $1,490,000 $750,200 $739,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $2,599,000 -8.8% $478 / Sq Ft
07/29/2025 07/29/25 For Sale $2,849,000 -- $524 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Deed $925,000 --
Deed $925,000 --
Source: Public Records

Source: PrimeMLS

MLS Number: 5053872

PrimeMLS

APN: 675-214-10222