Fairfax Homes under $500,000

Fairfax Homes under $500,000

Welcome to Fairfax, Vermont – a picturesque town nestled in the heart of Franklin County, where charming landscapes and a tight-knit community come together to create a truly enchanting living experience. Known for its stunning natural beauty, Fairfax boasts lush green hills, serene rivers, and an abundance of outdoor recreational opportunities, making it a haven for nature lovers and adventure seekers alike.

Fairfax is not just about its scenic vistas; it is also a vibrant community with a rich history and a welcoming atmosphere. The town is home to friendly locals, excellent schools, and a variety of local shops and eateries that add to its small-town charm. Whether you’re strolling through the quaint streets or enjoying a family picnic at one of the local parks, you’ll quickly fall in love with the warm and inviting spirit of Fairfax.

For those looking to make Fairfax their home, the real estate market offers an exciting opportunity. With homes available for under $500,000, you can find a variety of options that cater to different lifestyles and preferences. From cozy single-family homes to charming townhouses, there’s something for everyone in this affordable market.

Imagine settling down in a beautiful home surrounded by nature, with easy access to hiking trails, fishing spots, and a close-knit community. Fairfax is not just a place to live; it’s a place to thrive. Explore the possibilities and discover your dream home in this idyllic Vermont town today!

Newest Fairfax Homes under $500,000

15 Bellows St, Fairfax
$499,000
4 Beds ⋅ 4 Baths ⋅ 5109441 MLS
Opportunity meets versatility at 15 Bellows Street in Fairfax. Set on 4.44 acres, this distinctive colonial/contemporary-style home offers more than 4,200 square feet of finished living space, potential for an accessory dwelling unit, and owned frontage along the Lamoille River just across the street. The main residence features 3 bedrooms, 2.5 baths, and an impressive living room highlighted by soaring cathedral ceilings reaching approximately 25 feet and abundant natural light. A spacious primary suite with vaulted ceilings provides a private retreat, while the home's generous floor plan offers plenty of room for gathering, entertaining, working from home, or simply spreading out. Above the attached garage is a separate approximately 624-square-foot, 1-bedroom, 1-bath studio space that could be an ADU, offering excellent potential for extended family, guests, or additional income. The unit is largely finished and awaits appliances and completion of independent exterior access. The possibilities continue downstairs with a massive basement featuring a hot tub area and a roughed-in approximately 15' x 15' 5 foot deep indoor pool; an intriguing starting point for a future recreation space, home gym, workshop, or other creative use. An outdoor wood-fired boiler provides an additional heat source for the home, offering flexibility alongside the conventional heating system and an appealing option for managing heating costs during Vermont winters. Outside, multiple decks overlook the property, while the acreage provides room to enjoy the Vermont setting. Across Bellows Street, the property continues to the banks of the Lamoille River, offering substantial privately owned river frontage and an uncommon recreational amenity. For buyers willing to invest some effort, the combination of size, secondary living space, acreage, river frontage, and location creates a property with tremendous potential that would be difficult to replicate at this price point.

15 Bellows St, Fairfax

70 Old Academy St Unit 102, Fairfax
$425,000
3 Beds ⋅ 3 Baths ⋅ 5106905 MLS
Step inside 70 Old Academy Street and discover an end-unit duplex offering a comfortable two-story, three-bedroom layout with an additional bonus room and a variety of spaces to fit your needs. Finished basement space, an attached garage, and a back deck add versatility for everyday living, entertaining, and relaxing. From the entry, the living room offers a welcoming introduction to the home and flows naturally into the kitchen and dining area. The fully equipped kitchen provides everything needed for everyday meal preparation, while the adjoining dining area offers a comfortable place to gather. A large glass slider leads from the dining area to the back deck, creating an easy connection to the outdoors and providing space for dining, entertaining, or simply enjoying some fresh air. Just off the dining area, a versatile additional room can be used as a home office, game room, hobby space, or whatever best suits your needs. Its convenient location makes it an easy extension of the main living areas. Upstairs, the primary suite offers a private retreat with a spacious bedroom and full en suite bathroom. Two additional bedrooms share a second full bathroom, with laundry conveniently located on this level. The basement provides even more room to spread out, with finished space that could accommodate a movie area, recreation space, office, workout area, or lounge. The unfinished portion offers useful storage for seasonal items and household belongings. An attached garage adds convenience and provides additional storage potential. Outside, the back deck offers another place to enjoy the outdoors and extends the home's entertaining space. Located in Fairfax, 70 Old Academy Street offers convenient access to local amenities and the surrounding community. With its two-story layout, multiple flexible spaces, finished basement, back deck, attached garage, and private primary suite, this duplex offers plenty of options for making the space your own.

70 Old Academy St Unit 102, Fairfax

3 Pleasant Woods Rd Unit 102, Fairfax
$298,000
2 Beds ⋅ 2 Baths ⋅ 5094399 MLS
Welcome home to this beautiful, move-in-ready townhouse nestled in a peaceful, serene setting in the heart of Fairfax, Vermont. Built in 2006, this meticulously maintained 2-bedroom, 1.5-bathroom home offers the perfect blend of modern convenience, comfort, and direct access to the best of Vermont’s year-round outdoor lifestyle. As you step inside, you are greeted by an inviting, light-filled main level featuring a spacious open-concept kitchen equipped with sleek modern appliances, plenty of counter space, and a layout designed for effortless entertaining and daily living. Right off the kitchen, step out onto your private deck to enjoy your morning coffee or relax in the evenings while soaking in the quiet, natural surroundings. The home’s living spaces flow beautifully, leading down to a fantastic finished walk-out basement that adds incredible versatility, ideal for a cozy family room, home office, media center, or a dedicated workout space with seamless access to your 2 parking spaces. Upstairs, the bedrooms offer peaceful retreats with ample closet space and easy access to the full bath. Located in a tranquil neighborhood that feels world's away, you are still remarkably connected to local amenities, highly regarded schools, and essential conveniences. Best of all, outdoor enthusiasts will fall in love with the location, as you are just a short, scenic drive away from the world-class skiing, snowboarding, and summer hiking trails at Smugglers' Notch Resort. Whether you are looking for your first home, looking to downsize, or seeking a low-maintenance home base close to the mountains, this Fairfax gem is truly a must-see and completely ready for you to turn the key and move right in.

3 Pleasant Woods Rd Unit 102, Fairfax

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