List Price: $995,000 | $362 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 0 One Bedroom Units , 2 - Two Bedroom Units ,1 - Three Bedroom Units
Listed Wednesday May 20, 2026 | MLS# 5089900
848, 882, 826 Blue Star Drive Ira VT
Listed by Heather Martelle Lakes & Homes Real Estate
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.
Annual Expenses

Taxes: $9,002
Income
Appliances : Electric Water Heater

UNIT 1

Beds: 3
Baths: 2
Rooms: 15
Sq.Ft.: 4235
Level: 1 & 2
Info : Ceiling Fan,Central Vacuum,Den,Dishwasher,Disposal,Dryer,Gas Fireplace,Oil Heat,Kitchen Island,Microwave,Porch,Screened Porch,Radon Mitigation,Gas Range,Refrigerator,Smoke Detector,Storage,Washer,Water Heater
Signed Lease : No
Status : Owner Occupied

UNIT 2

Beds: 2
Baths: 1
Rooms: 7
Sq.Ft.: 1488
Level: 1
Info : Appliances Included,Ceiling Fan,Deck,Den,Dishwasher,Dryer,Oil Heat,Hot Water,Kitchen Island,Microwave,Mudroom,Radon Mitigation,Gas Range,Refrigerator,Separate,Smoke Detector,Washer,Water Heater
Tenant Pays : Electric,Heat,Trash
Rent : 1600.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

UNIT 3

Beds: 2
Baths: 1
Rooms: 6
Sq.Ft.: 1468
Level: 1
Style : House
Info : Appliances Included,Ceiling Fan,Oil Heat,Laundry Hookup,Microwave,Radon Mitigation,Electric Range,Refrigerator,Sunroom,Water Heater
Tenant Pays : Electric,Heat,Trash
Rent : 1200.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to M
Construction: Vinyl Siding
Year Built: 1852
Style: Colonial
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4235
Above Grade Sq.Ft.: 2750
Basement: Bulkhead | Concrete Floor | Full | Interior Stairs | Storage Space | Unfinished | Interior Access | Exterior Access
Exterior Color: White
Roof: Standing Seam
Seasonal: No
Heating: Oil | Hot Air
Cooling: None
Electric: 200+ Amp Service
Utilities: Cable at Site
Electric Meters: 4
Water: Dug Well
Sewer: 1000 Gallon | Drywell
Land Information
Country Setting | Landscaped | Level | Major Road Frontage | Mountain View | River Frontage | Trail/Near Trail | View | Near Shopping | Near Skiing | Near Snowmobile Trails | Valley | Near Public Transport | Near Railroad | Near Hospital | Near ATV Trail
Lot size: 6.24 acres
Zoned: None)
Surveyed: Unk
Flood Zone: No
Road Frontage: 536
Driveway: Crushed Stone | Paved


Easement - Yes
Taxes $9,002
Assesed Value Not Reported
Schools
Elementary School: Choice
Middle School: Choice
High School: Choice

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