Burlington Homes under $500,000

Welcome to Burlington, Vermont—a vibrant city nestled on the shores of Lake Champlain, where stunning natural beauty meets a lively urban atmosphere. As the largest city in the state, Burlington is known for its rich history, diverse culture, and a strong sense of community. With the majestic Green Mountains as a backdrop, residents enjoy year-round outdoor activities, from hiking and skiing to sailing and biking along scenic waterfront paths.

Burlington is not only famous for its picturesque landscapes but also for its thriving arts scene, eclectic dining options, and friendly local shops. The Church Street Marketplace, a pedestrian-only thoroughfare, is the heart of downtown, offering an array of boutiques, restaurants, and cafes, perfect for leisurely strolls or vibrant evenings out.

For those looking to call Burlington home, the real estate market offers exciting opportunities, especially for budget-conscious buyers. Homes under $500,000 provide a fantastic entry point into this desirable area. Whether you’re seeking a charming single-family home, a cozy condo, or a quaint townhouse, Burlington has something for everyone. Many properties boast beautiful views, easy access to parks, and proximity to top-rated schools, making it an ideal location for families, young professionals, and retirees alike.

Discover the warmth and charm of Burlington, Vermont—a place where you can enjoy the best of both city life and outdoor adventure, all while finding your perfect home within your budget. Embrace the Burlington lifestyle and start your journey today!

Newest Burlington Homes under $500,000

$324,900

1 Beds ⋅ 1 Baths ⋅ 5114595 MLS

Welcome to Stratos, a modern and sophisticated condominium building built in 2014 and ideally located in the heart of downtown Burlington. This cheerful one-bedroom, top-floor condo offers the perfect combination of comfort, convenience, and low-maintenance city living. Beautifully maintained and thoughtfully improved over the years, the unit features new solid hardwood maple floors, fresh interior paint, new ceiling fans and light fixtures, built-in closet organizers with drawers, Ethernet throughout, and a new washer and dryer. The result is a bright, clean, and inviting space that is truly move-in ready. Stratos is a professionally managed building offering secure access from the sidewalk and common areas, elevator service, and the added convenience of a deeded garage parking space. Park your car and ride the elevator directly to the top floor, or step outside onto St. Paul Street and enjoy everything downtown Burlington has to offer. Restaurants, coffee shops, Church Street Marketplace, the Burlington waterfront, UVM, Champlain College, shopping, recreation, and everyday amenities are all just moments away. Whether you're looking for a primary residence, a convenient Burlington home base, an investment or simply the ease of downtown condominium living, this well-appointed Stratos condo puts you right in the center of it all.

193 St Paul St Unit 408, Burlington

$320,000

2 Beds ⋅ 1 Baths ⋅ 5114194 MLS

Convenience with a dose of privacy! This adorable condo in Burlington’s Old North End offers the best of both worlds - a tucked-away setting and quick access to downtown. Welcome to Unit K at Park Place Townhomes Association! The main level features an open layout with a sun-filled living room and bamboo flooring. There’s plenty of room to relax, whether you’re curled up on the couch in the cozy corner nook enjoying views of the changing leaves or gathering with friends for a meal. The nearby kitchen and dining area make entertaining easy, with butcher block countertops and a double gas oven ready for your favorite recipes. There’s even room to consider adding a small island for extra prep space. Just off the kitchen, a private back deck offers the perfect spot for morning coffee or unwinding at the end of the day. Upstairs, you’ll find two generously-sized bedrooms, each with ample closet space and positioned on opposite sides of the home for added privacy. A full bathroom is conveniently located between them. Need a little more room? The basement offers plenty of potential to create a home gym, playroom, or rec space while still leaving room for storage. You’ll also find the laundry appliances and a handy utility sink downstairs. Enjoy the simplicity of condo living and also utilize an assigned parking space safely tucked toward the back of the association’s parking lot. Located farther back within the community and backing up to a wall of trees, this home feels pleasantly removed from the hustle and bustle while keeping you close to everything. The Burlington Waterfront and bike path, Church Street’s shops and restaurants, and I-89 for weekend mountain adventures are all just minutes away. If you’re looking for a home that balances convenience, comfort, and a little breathing room, this Old North End condo is worth a look! *If still on the market* - OPEN HOUSE SUNDAY 10/25 FROM 11AM - 1PM!

89 N Champlain St Unit K, Burlington

$379,000

2 Beds ⋅ 1 Baths ⋅ 5113905 MLS

Move-In Ready Ranch Home in Burlington’s New North End This well-maintained, one owner, cedar-sided ranch in Burlington’s New North End has many unique features for the person looking for a first home or a forever home. The floor plan includes 2 bedrooms, an office or additional bedroom, one full bath that’s fully tiled and updated, a living room with a HeathStone natural gas fireplace that keeps the home warm and cozy on cold nights. The kitchen has a distinctive Heartland stove and refrigerator that are ideal for the home chef to create delicious meals. There are hardwood floors throughout and ceramic tile in kitchen and bath. The one car attached garage has an electric garage door opener. The fully fenced back yard has locking gates. There’s a large garden area that includes raspberries and other perennials so the homeowner can grow their own healthy food. The 16’ x 10’ shed has electricity and is divided into 2 sections: one for tools and one for your special projects. There are 2 other small outbuildings. The front yard is surrounded by a privacy hedge. The large basement is clean and dry and features a nearly new oil furnace, oil tank, hot water heater and plenty of storage space that could be finished into additional living space or game room if desired. Conveniently located close to schools, a local shopping center, the Burlington bike path and beaches. The New North End of Burlington is a safe, welcoming community. There's something for everyone here!

1634 North Ave, Burlington

$255,000

2 Beds ⋅ 1 Baths ⋅ 5113482 MLS

Move-in ready 2-bedroom Burlington condo in the popular Riverwatch community near UVM and UVM Medical Center, featuring an updated kitchen, in-unit laundry and garage parking. Bright and inviting, this third-floor unit offers easy one-level living with elevator access and an open kitchen, dining and living area. The kitchen features stainless steel appliances, including a wine fridge, while a private balcony extends the living space outdoors. Riverwatch amenities include an association pool, grilling area, shared green space and visitor parking, with dues covering heat, water, trash, recycling, compost, landscaping, plowing and more. Minutes from downtown Burlington and Winooski, Champlain College and Burlington International Airport, with convenient access to shopping, dining, breweries, public transportation, the Intervale and recreation trails. Easy, low-maintenance Burlington living close to it all!

364 Hildred Dr, Burlington

$315,000

2 Beds ⋅ 1 Baths ⋅ 5112666 MLS

Lake days, bike rides and an easy rhythm of everyday life. Burlington’s New North End brings it all together, and this two-bedroom end-unit townhouse at Fairmont Place puts you in a great position to enjoy it. Explore the Burlington Greenway, spend an afternoon at Leddy Park and Beach, or head into the woods at Ethan Allen Park, with North Avenue shopping and dining and downtown Burlington within easy reach. At home, natural light fills the main floor, where the kitchen connects to an open dining and living area. Sliding glass doors lead to a rear deck overlooking shared green space, giving you a spot for morning coffee or a quiet end to the day. Upstairs are two bedrooms and a full bath. An entry with a coat closet, attached one-car garage and full unfinished basement add practical storage and everyday convenience. With 928 square feet of finished space, natural gas hot-air heat and the benefits of an end-unit setting, this is a welcoming home base for enjoying Burlington life.

39 Fairmont Pl Unit 39, Burlington

$420,000

3 Beds ⋅ 1 Baths ⋅ 5112377 MLS

AN INCREDIBLE OPPORTUNITY IN THE HEART OF BURLINGTON! Welcome home to this charming 3-bedroom home tucked away on a secluded city lot while keeping you close to everything Burlington has to offer! Step inside to a bright & refreshed interior where updated flooring, crisp finishes & incredible natural light create a clean, move-in ready feel throughout. The main level offers an easy-flow layout between the living room, dining space & kitchen, providing plenty of flexibility for everyday living & entertaining alike. A full bath completes the 1st floor while all 3 bedrooms are situated upstairs, creating nice separation between your living & sleeping spaces. Outside, the manageable .13-acre lot offers room to enjoy the warmer months without spending your entire weekend maintaining it, while the detached 2-car garage is a huge bonus for in-town living, providing excellent parking, storage or additional space for all of the toys! With public water & sewer, natural gas heat and easy access to everything the Queen City has to offer, this property combines convenience, character & functionality in a location that's tough to beat. Whether you're searching for your first home, looking to downsize or simply want to put down roots in Burlington, This home is ready for its next chapter. Don't wait, schedule your showing today! Seller is a licensed real estate agent.

7 Rumsey Ln, Burlington

$499,900

4 Beds ⋅ 2 Baths ⋅ 5112370 MLS

Welcome to 26 Pennington Drive! 4-bedroom, 2-bath Cape in Burlington's sought-after New North End. Step inside to a spacious living room with hardwood floors, an inviting space for gathering and entertaining. Just off the entry, the formal dining room is ready for holiday dinners and everyday meals alike. The kitchen overlooks the back yard and offers generous cabinet storage, with plenty of opportunity to add your personal touches. A first-floor bedroom adds everyday convenience, and across the hall, the sun-filled family room features large windows, a cozy natural gas fireplace, and a sliding glass door that opens to the back yard. Upstairs, three additional bedrooms each offer good closet space and natural light, and a full bath is close at hand. The unfinished basement offers a blank canvas with endless possibilities for future use. A new furnace was installed in 2025 and the main house roof replaced in 2018. Outside, the .26-acre back yard provides room for play, gardening, and summer cookouts, and the 2-car garage adds year-round convenience. You're minutes from Starr Farm, local parks and schools, the Burlington Bike Path, Church Street Marketplace, Malletts Bay, and the Winooski River, putting some of Burlington's best outdoor and recreational destinations close at hand. Don’t miss out, schedule your showing today!

26 Pennington Dr, Burlington

$455,000

4 Beds ⋅ 2 Baths ⋅ 5112199 MLS

Beautifully maintained and move-in ready, this 4-bedroom, 2-bath home is tucked away on a cul-de-sac in Burlington’s New North End. The home has been thoughtfully improved throughout and has a warm, inviting feel. The main level features a large living room with a vaulted ceiling, along with an updated kitchen offering quartz countertops, stainless-steel appliances, and plenty of space to work. The dining area opens through a slider to the deck and private backyard, creating an easy connection between indoor and outdoor living. With two bedrooms and a full bath on each floor, the flexible layout offers plenty of options for guests or a home office. A first-floor bedroom and full bath add extra convenience. Outside, enjoy the yard, deck, and a nice storage shed. Set in a convenient New North End location, this well-cared-for home offers numerous upgrades and improvements and is ready to enjoy.

129 Lori Ln, Burlington

$444,900

3 Beds ⋅ 1 Baths ⋅ 5111002 MLS

Looking for a home with the perfect mix of updates and character? This charming 3 bedroom, 1 bath ranch in Burlington’s desirable New North End is full of special features and timeless appeal. Beautiful hardwood floors, graceful arched entryways, and a cozy living room with an electric fireplace set into a wood mantel create a warm and inviting atmosphere. The dining area features updated light fixtures and flows into the kitchen, where you’ll find tile flooring, a tile backsplash, stainless steel appliances, and ample cabinet space.The unfinished basement offers abundant storage space and excellent potential for future finishing, whether you envision a recreation room, home gym, or workshop. Outside, enjoy a spacious backyard. Located in an established neighborhood with sidewalks and just minutes from downtown Burlington, schools, shopping, parks, bike paths, beaches, and Lake Champlain, this well-maintained home offers charm and convenience.

105 Saratoga Ave, Burlington

$460,000

2 Beds ⋅ 2 Baths ⋅ 5110791 MLS

Enjoy easy, one-level living in this beautifully appointed first-floor condo in a convenient Burlington location! The open-concept layout offers a comfortable flow between the kitchen, dining, and living areas, creating a bright and inviting space for everyday living and entertaining. The kitchen features stainless steel appliances, stone countertops, and ample countertop workspace, while hard-surface flooring throughout and plantation-style blinds on every window give the home a clean, cohesive feel. The thoughtfully designed floor plan includes two generously sized bedrooms, including a primary suite with its own full en suite bathroom. A second three-quarter hall bathroom features convenient in-unit laundry. Additional highlights include central air conditioning, secure building access, and dedicated storage space. The monthly association fee adds exceptional value and convenience, covering water, landscaping, plowing, trash removal, and sewer, helping simplify monthly expenses and maintenance. The association also offers a welcoming pet policy, allowing up to two pets, with one dog permitted. Parking is especially convenient with two assigned spaces, one in the underground garage and one exterior space. The building combines classic Burlington character with modern finishes, all just minutes from UVM, the UVM Medical Center, downtown Burlington, shopping, dining, local schools, and public transportation. A wonderful opportunity for low-maintenance living in the heart of Burlington, you won't want to miss out on this turnkey unit!

81 S Williams St Unit 103, Burlington

$359,900

5 Beds ⋅ 3 Baths ⋅ 5110273 MLS

Rare 5-Bedroom Home in Prime Burlington Location Don’t miss this rare opportunity to own a spacious 5 bedroom home ideally located near the University of Vermont and the University of Vermont Medical Center, with an easy walk to vibrant Winooski. Whether you're looking for a primary residence or a strong investment property, this home offers exceptional rental potential in a convenient location. Inside, you’ll find five generously sized bedrooms and 2.5 baths, providing ample space and flexibility. The home features a welcoming layout with a great flow from the kitchen to the living room ideal for both everyday living and entertaining. This home also has a backyard with great exposure to natural light. Additional highlights include off-street parking and a garage, offering convenience and practicality. With its unbeatable location, spacious layout, and income potential, this property is a standout opportunity you won’t want to miss.

446 Colchester Ave, Burlington

$249,900

5109658 MLS

Opportunity awaits with this two-unit duplex ideally situated at the corner of Strong Street and Drew Street in one of Burlington’s most desirable neighborhoods. Each unit offers two bedrooms and its own covered porch, providing a solid foundation for renovation and future potential. The location is hard to beat, with Battery Park, Burlington’s vibrant waterfront, downtown amenities, parks, beaches, restaurants, shopping, and recreation all within easy walking distance. Enjoy everything the Queen City has to offer just outside your door. The property is in need of significant updating and renovation, making it an excellent opportunity for buyers looking to add value and bring their own vision to life. Whether you're an investor searching for your next project or an owner-occupant interested in creating a home while benefiting from rental income, this property offers plenty of possibilities. Prominent corner location, and exceptional proximity to Burlington’s waterfront and downtown, this duplex has tremendous potential for the right buyer. Bring your ideas and unlock the possibilities!

18 Strong St, Burlington

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