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  • Listed by: Mad River Valley Real Estate
    $2,800,000

    3209 German Flats Road #1, 2, & 3, Warren, VT 05674

    10beds
    5,345sqft
    : 
    Condominium
    Built in 1987
    -- sqft lot
    $1,643,200 Zestimate®
    $524/sqft
    $-- HOA

    What's special

    Ski lockersHot tubsLaundry areasEnsuite primary bedroomsFull kitchensLuxury condominium units
    Own an iconic property in the Mad River Valley. The Mad House Rentals, previously known as the Common Man Restaurant, is a distinguished barn property that has been completely renovated from a restaurant into three luxury condominium units. This location is ideally situated between Lincoln Peak and Mount Ellen, with winter access to the Mad Bus and hiking right outside your door in the summer. These units have been in operation since 2019 and have an excellent income producing rental history. All three units are approximately 2000 square feet each, and have the following appointments: Impeccably furnished with smart TV’s in every room, Ensuite Primary Bedrooms (one unit having 3 bedroom suites), Full Kitchens, Laundry areas, A/C in two units, Ski lockers, Hot tubs, and Outside patios w/grills. Whether you're a single family or several families, this is a great chance to own a high-end Mad River Valley property and earn income at the same time. Full-time investors can expect strong annual income from this property. Come discover the unique and endless opportunities that this property has to offer.
    223 days
    |
    365
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 23, 2026 at 09:49am

    Listed by:

    Erik Reisner,

    Mad River Valley Real Estate erik@mrvre.com

    Source: PrimeMLS,MLS#: 5058378MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 10
      • Full bathrooms: 1
      • 3/4 bathrooms: 9
      Heating
      • Propane, Baseboard, Hot Water, Mini Split
      Cooling
      • Zoned, Mini Split
      Appliances
      • Included: Dishwasher, Dryer, Range Hood, Microwave, Gas Range, Refrigerator, Washer, Water Heater off Boiler, Wine Cooler
      • Laundry: 1st Floor Laundry
      Features
      • Ceiling Fan(s), Dining Area, Kitchen/Dining, Kitchen/Family, Kitchen/Living, Primary BR w/ BA, Natural Light, Natural Woodwork, Vaulted Ceiling(s), Wet Bar
      • Flooring: Carpet, Combination, Tile, Wood
      • Basement: Concrete Floor,Insulated,Partial,Storage Space,Unfinished,Exterior Entry,Walk-Out Access
      • Furnished: Yes
      Interior area
      • Total structure area: 5,345
      • Total interior livable area: 5,345 sqft
      • Finished area above ground: 5,345
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Trash, Deck
      • Has spa: Yes
      • Spa features: Heated
      • Frontage length: Road frontage: 360
      Lot
      • Size: 0.9 Acres
      • Features: Condo Development, Country Setting, Landscaped, Near Golf Course, Near Paths, Near Skiing
      Details
      • Zoning description: VR

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Post and Beam, Wood Frame, Wood Siding
      • Foundation: Concrete
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1987

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Community, Septic Tank
      • Utilities for property: Cable Available, Propane, Phone Available

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Hardwired Smoke Detector
      • Subdivision: Mad House Condos
      HOA
      • Has HOA: Yes
      • Amenities included: Maintenance Structure, Master Insurance, Landscaping, Snow Removal, Trash Removal
      • Services included: Maintenance Grounds, Plowing, Sewer, Trash, Water, Condo Association Fee, HOA Fee
      • Additional fee info: Fee: $1980
      Location
      • Region: Warren

      Financial & listing details

      • Price per square foot: $524/sqft
      • Annual tax amount: $19,966
      • Date on market: 8/27/2025
      • Exclusions: Small wagon wheel table and chairs and assorted artwork in Unit 3.
      • Road surface type: Paved
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        Estimated market value

        $1,643,200

        $1.30M - $2.09M

        $4,515/mo

        Price history

        Price history
        DateEventPrice
        8/27/2025Listed for sale$2,800,000$524/sqft
        Source: PrimeMLS #5058378 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Est. payment
        $18,802/mo
        Principal & interest
        $14439
        Property taxes
        $4363
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          Climate risks

          Neighborhood: 05674

          Getting around

          12 / 100
          Car-Dependent
          9 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Warren Elementary School
          • Middle: Harwood Union Middle/High
          • High: Harwood Union High School
          • District: Washington West

          Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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