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3209 German Flats Road, Warren, VT


  • $2,800,000
  • 10 bedrooms
  • 10 bathrooms
  • 5345 ft2
  • 0.9 acres

Property Description

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.

Property Details

Basic Information

MLS Number:
5058378
List Price:
$2,800,000
Bedrooms:
10
Bathrooms:
10
Virtual Tour:
View Virtual Tour

Location

Street:
German Flats Road
Building Number:
3209
Unit Number:
1, 2, & 3
City:
Warren
State:
VT
Zip:
05674
County:
Washington
Subdivision:
Mad House Condos
School District:
Washington West
Elementary School:
Warren Elementary School
Middle School:
Harwood Union Middle/High
High School:
Harwood Union High School

Property

Acres:
0.90
Lot Description:
Condo Development,
Country Setting,
Landscaped,
Near Golf Course,
Near Paths,
Near Skiing
Zoning:
VR
Driveway:
Gravel
Road Frontage:
360
Property Type:
CND

Building

Year Built:
1987
Full Baths:
1
3/4 Baths:
9
Floors:
Carpet,Combination,Tile,Wood
Total Rooms:
25
Basement:
Concrete Floor,
Insulated,
Partial,
Storage Space,
Unfinished,
Exterior Access
Foundation:
Concrete
Construction:
Post and Beam,Wood Frame,Wood Siding
Square Feet:
5345

Interior

Kitchen Size:
Has Kitchen
Living Room Size:
Has Living Room
Interior Features:
Ceiling Fan,Dining Area,Furnished,Hot Tub,Kitchen/Dining,Kitchen/Family,Kitchen/Living,Primary BR w/ BA,Natural Light,Natural Woodwork,Vaulted Ceiling,Wet Bar,1st Floor Laundry

Exterior

Roof:
Architectural Shingle
Exterior:
Trash,Deck,Hot Tub

Utilities

Electric:
Circuit Breaker(s)
Cooling:
Multi Zone,Mini Split
Sewer:
Community,
Septic

Legal

Surveyed:
Unknown
Taxes:
$19,966.34
Condo Fees:
$1,980

Amenities

Appliances:
Dishwasher,
Dryer,
Range Hood,
Microwave,
Gas Range,
Refrigerator,
Washer,
Water Heater off Boiler,
Wine Cooler

Other

Broker Name:
Mad River Valley Real Estate
Agent Name:
Erik Reisner
Office Phone:
802-496-5000
Status:
Active
Latitude:
44.149516
Longitude:
-72.881890
Waterfront:
No

Map

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Broker Reciprocity PrimeMLS

Copyright PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers; personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/4/2025.
Mortgage calculator source: iHomefinder. Schools info source: GreatSchools. WalkScore source: WalkScore. Market Report Source: iHomefinder with data from PrimeMLS, Inc.

5513 Main Street, Waitsfield, VT 05673 | 802-496-5000 | www.mrvre.com