848 Blue Star Drive, Ira, VT, 05735 | $995,000

Offered on the market for the first time in over 100 years, this extraordinary multi-property estate is a rare and remarkable opportunity! Set on 6. 24 scenic acres with the Castleton River forming the back property line, this one-of-a-kind property offers endless possibilities for multi-generational living, investment income, or business potential. The centerpiece of the property is the stunning main home featuring an attached two-car garage and a fully equipped in-law apartment. From the moment you arrive, the pride of ownership and care poured into this property over generations is undeniable. Relax on the gorgeous wraparound covered front porch while taking in breathtaking views of Birdseye Mountain and the rolling meadows beyond. Step inside to a bright and cheerful kitchen that instantly feels like home, along with spacious bonus rooms offering flexibility for offices, hobbies, or additional living space. Cozy up by the propane fireplace on chilly Vermont evenings and enjoy the comfort and warmth throughout. The in-law apartment, complete with its own private staircase, offers wonderful space for guests or extended family, while also having the option to seamlessly incorporate it back into the main home if desired. In addition to the main residence, the property includes two separate 2-bedroom, 1-bath homes, both currently rented, providing excellent income potential. Also included is a massive fully equipped commercial garage capable of housing up to seven vehicles. Formerly home to a successful business thanks to its prime location, the garage offers incredible opportunity for entrepreneurs, collectors, mechanics, or anyone in need of substantial workspace. Practical improvements add even more value, with all three homes featuring standing seam roofs, vinyl siding for easy maintenance, and radon mitigation systems already installed. Rarely does a property with this much history, versatility, income potential, and natural beauty become available.

Features

  • Rooms: 15
  • Bedrooms: 3
  • Baths: 1 full / 1 three-quarter
  • Style: Colonial
  • Year Built: 1852
  • Garage: 2-car Garage
  • Heating: Hot Air
  • Cooling: None
  • Basement: Bulkhead,Concrete Floor,Full,Interior Stairs,Storage Space,Unfinished,Interior Access,Exterior Access
  • Approx Sq. Feet: 2,750
  • Acreage: 6.24
  • Est. Taxes: $3,032
  • Lot Desc: Country Setting,Landscaped,Level,Major Road Frontage,Mountain View,River Frontage,Trail/Near Trail,Near Shopping,Near Skiing,Near Snowmobile Trails,Near Public Transportatn,Near Railroad,Near Hospital
  • Elem. School: Choice
  • Middle School: Choice
  • High School: Choice
  • MLS#: 5089834
  • Website: https://www.raveis.com
    /prop/5089834/848bluestardrive_ira_vt?source=qrflyer
©2026 New England Real Estate Network, Inc. All rights reserved.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 5/20/2026
Listing courtesy of Lakes & Homes Real Estate   Phone: 802-671-8042
Listing Agent: Heather Martelle

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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

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Our Insurance Division:

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848 Blue Star Drive, Ira, VT, 05735

$995,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment $253 $253 $253
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,520 $4,901 $6,717
Total Monthly Payment $4,865 $5,246 $7,062

* 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.