Helen Smith
REALTOR®
BEDS9
BATHS2 full
SQUARE FEET12,118
MLS#5111439
STATUSActive
PROPERTY TYPEResidential - Condominium
Listing Courtesy of:
Barrett and Valley Associates Inc.
Agency Phone: 802-875-2323
Associate Name: Daire Gibney
Property 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.
Property Features
Property Type: Residential - Condominium
Basement: Yes
Basement: Partially Finished
Cooling: None
Heating: Hot Water, Radiator
Home Style: Other
Lot Size: 2.50 Acres
Roof Type: Slate
Stories: 2.0
Year Built: 1900
Feature Descriptions
Baths Full: 2
Construction: Brick Exterior
Days on Site: 42
Driveway: Gravel
Electric: On-Site
Exterior: Brick Exterior
Flood Zone: No
Foundation: Brick
Lot: City Lot, Condo Development, Level, Rental Complex, Sidewalks, In Town, Neighborhood, Near Hospital
Number of Rooms: 12
Road Frontage: 130
Roads: Paved, Public Maintained Road
Sewer: Public
Sq. Ft. Above Grade Finished: 8079
Sq. Ft. Below Grade Finished: 4039
Sq. Ft. Total Finished: 12118
Total Stories: 2
Units: 1
Water: Public
Zoning: res
Listed By / Shown By
Listed By
Agency Name: Barrett and Valley Associates Inc.
Agent Name: Daire Gibney
Agency Phone: 802-875-2323
Shown By
Agent Name: Helen Smith
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 503.45 per month $445.11 Principal & Interest $0.00 Property Tax (data not provided by mls) $58.33 Homeowner's Insurance
Listing data compilation and photo(s) 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 2026-11-05 23:33:23 
199 Summer Street | MLS# 5111439
This condo located at 199 Summer Street, Springfield, VT 05156 is currently listed for sale with an asking price of $200,000. This property was built in 1900 and has 9 bedrooms and 2 full baths with 12118 sq. ft. Search Springfield real estate on helensmith.masiellogrouprealestate.com today.