492 Dover Road, Newfane, VT, 05345 | $750,000

Own a piece of Vermont history with this charming 1854 home, formerly known as the Three Penny Lodge and now known as The Cardinal Lodge, nestled in the heart of desirable Newfane near skiing, trails and year-round recreation. Cross a picturesque, covered bridge on your way home and discover a property full of character, currently operating as a successful Airbnb with a live-in caretaker. Whether you're looking for a primary residence, multi-generational home or a vacation retreat, this exceptional property offers endless possibilities. The main living area offers a spacious kitchen that's perfect for gathering and entertaining, while the formal dining room overlooks the gorgeous backyard, creating a beautiful setting for everyday meals or special occasions. The first floor also features a cozy living room, bedroom and a 3/4 bathroom, offering convenient single-level living. Upstairs, you will find multiple bedrooms and bathrooms with amazing views. The charming guest wing is perfect for multi general living or visiting guests. Bordering the babbling Rock River, this peaceful property invites you to relax and enjoy the beauty of Vermont. Listen to the soothing sounds of the Rock River from the screened porch, watch wildlife gather around the pond, or enjoy ice skating there during the winter months. Step outside to a multi-level deck overlooking the beautifully landscaped backyard, complete with fruit trees and a variety of berry bushes. A classic Vermont barn offers plenty of storage and excellent potential for animals, hobbies, or workshop space. Recent improvements include a brand-new standing seam roof, two new furnaces, central air conditioning, a new woodstove insert, a 4-year-old septic system and a generator. Enjoy historic charm with modern comfort. Located near skiing, hiking, and year-round outdoor recreation, this one-of-a-kind property offers the perfect blend of history, natural beauty, and modern Vermont living.

Features

  • Rooms: 13
  • Bedrooms: 6
  • Baths: 3 full / 1 three-quarter / 1 half
  • Style: Cape,Historic Vintage
  • Year Built: 1854
  • Garage: 1-car Garage
  • Heating: Oil,Wood,Forced Air,Wood Stove,Mini Split
  • Cooling: Central AC
  • Basement: Concrete,Partial,Interior Stairs,Unfinished,Interior Access,Basement Stairs
  • Approx Sq. Feet: 3,259
  • Acreage: 5.74
  • Est. Taxes: $9,786
  • Lot Desc: Country Setting,Horse/Animal Farm,Field/Pasture,Landscaped,Level,Major Road Frontage,Mountain View,Pond,River Frontage,Rolling,Sloping,Wooded,Near Skiing,Rural
  • Elem. School: Newbrook Elementary School
  • MLS#: 5099272
  • Website: https://www.raveis.com
    /prop/5099272/492doverroad_newfane_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 7/11/2026
Listing courtesy of Red Maple Realty LLC   Phone: 802-275-2603
Listing Agent: Kerry Mulverhill

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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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492 Dover Road, Newfane, VT, 05345

$750,000

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 $600,000 $600,000 $600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.640% 5.972%
Monthly Tax Payment $816 $816 $816
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,646 $3,788 $4,982
Total Monthly Payment $4,554 $4,696 $5,890

* 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.