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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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199 Summer St , Springfield, VT 05156
$200,000
Est. Payment: $1,086.28/mo
9 Bed
2 Bath
12118 Sqft
2.5 Acres
Status: active | Days on site: 4
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3816 - 617404
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House Description

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.

Highlights

Listed by Daire Gibney , 802-380-5464 Barrett and Valley Associates Inc. , 802-875-2323. PrimeMLS mls logo

Property Type

Condo/Townhome

Lot/Acreage
2.5

Year Built

1900

County

Windsor

Listing ID

5111439

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Above Ground Sq Ft:8079
Basement:Yes,Partially Finished

Exterior Features

Lot:Existing
Zoning:res
Roof:Slate
Sewer:Public
Principal Interest
$1,086
Taxes
$128

Home Price

$200,000

Loan Details

30 yrs
7.202%

Down Payment

20%
$40,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,086.28

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,086.28 $127.50 $0.00 $1,213.78
Yearly $13,035.33 $1,530.00 $0.00 $14,565.33
Total $391,060.00 $45,900.00 $0.00 $436,960.00

Today's Rates

30 Year

7.2%

20 Year

7.38%

15 Year

6.78%

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Market insight data is pulled from the same city as the listing being viewed (Springfield, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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 October 31, 2026 5:01pm

Data last updated: 2026-10-31T21:01:58.800Z

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