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  • Listed by: 

    Erik Reisner,

    Mad River Valley Real Estate erik@mrvre.com

    $2,800,000

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

    10beds
    5,345sqft
    : 
    Condominium
    Built in 1987
    -- sqft lot
    $2,645,300 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.
    106 days
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    334
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    8
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    Zillow last checked: 8 hours ago

    Listing updated: November 25, 2025 at 10:12am

    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

    $2,645,300

    $2.51M - $2.78M

    Not available

    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.

    BuyAbility℠ payment

    Est. payment
    $16,200/mo
    Principal & interest
    $10857
    Property taxes
    $4363
    Home insurance
    $980

      Climate risks

      Neighborhood: 05674

      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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