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603 VT Rt 114, Burke, VT, 05832 | $674,000
Located in the heart of Vermont's storied NEK, Burke is a vibrant , year round recreational paradise. This mixed use property( VMU) offers ultimate flexibility; residential, Short term rental income, commercial restaurant or some combination of all of the above. Currently operating as a favored hub for locals, bikers, riders and skiers, the building is zoned both commercial and residential, ideal for anyone dreaming of a live-work lifestyle. With world-class skiing ( Burke Mountain Academy trains here) in the winter and some of the Northeast's best year-round mountain biking trails right out the door (Kingdom Trails), this location draws tourists and outdoor enthusiasts in every season. The space may be converted into short-term rental units, which consistently command premium rates in this high-demand destination. Whether you continue as a successful business, transform it into your own personal cozy Vermont retreat, or capitalize on dual-income streams, this property is a rare and lucrative opportunity in one of Northern Vermont's/NEK’s most sought-after adventure towns. Burke is minutes off of Interstate 91 and is 3 hours from Boston and Montreal. Burke offers choice schooling at the high school level; many students opt to attend Lydon Institute or St. Johnsbury Academy. Burke does have zoning, prospective buyers are advised to review bylaws and consult with local zoning administrator. Call for more details.
Features
- Rooms: 8
- Baths: 2 half
- Style: Antique,Farmhouse,Historic Vintage,Post and Beam,Four Square
- Year Built: 1838
- Heating: Oil,Baseboard,Mini Split
- Cooling: Mini Split
- Basement: Concrete,Concrete Floor,Interior Stairs,Storage Space,Unfinished
- Approx Sq. Feet: 2,968
- Acreage: 0.5
- Est. Taxes: $7,282
- Lot Desc: Level,Mountain View,Neighbor Business,Recreational,Sidewalks,Trail/Near Trail,In Town,Near Paths,Near Shopping,Near Skiing,Near Snowmobile Trails,Neighborhood,Rural,Near School(s)
- Elem. School: Burke Town School
- Middle School: Burke Town School
- High School: Choice
- School District: Kingdom East
- MLS#: 5040544
- Website: https://www.raveis.com
/prop/5040544/603vtrt114_burke_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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 3/30/2026Listing courtesy of Four Seasons Sotheby's Int'l Realty Phone: 802-751-7582
Listing Agent: Robin Migdelany
William Raveis Family of Services
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
603 VT Rt 114, Burke, VT, 05832
$674,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $539,200 | $539,200 | $539,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | $607 | $607 | $607 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,320 | $3,405 | $4,478 |
| Total Monthly Payment | $4,019 | $4,104 | $5,177 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484