515 Sherman Rd Waitsfield, VT 05673
Estimated payment $17,957/month
Total Views
702
4
Beds
4.5
Baths
3,917
Sq Ft
$727
Price per Sq Ft
Highlights
- Private Dock
- Water Views
- Sauna
- Waitsfield Elementary School Rated A
- Wine Cellar
- Waterfall on Lot
About This Home
Welcome to Candlewood, a reimagined post & beam estate on nearly 40 acres in one of Waitsfield’s most coveted locations. This exceptional legacy property offers sweeping views of the Sugarbush Bowl, Mt. Ellen and Mad River Glen, 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
KW Vermont- Mad River Valley Brokerage Phone: 802-279-9585 License #081.0122698 Listed on: 07/29/2025
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
- 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
- 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
Community Details
- Electric Vehicle Charging Station
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $2,849,000 | -- | $727 / Sq Ft |
Source: PrimeMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $925,000 | -- | |
| Deed | $925,000 | -- |
Source: Public Records
Similar Homes in Waitsfield, VT
Source: PrimeMLS
MLS Number: 5053872
APN: 675-214-10222
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.
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