Question 1

What is the asking price for 1489 OLD MILL, Montpelier?

Accepted Answer

1489 OLD MILL, Montpelier is listed at $12,000,000 ($7059/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1489 OLD MILL, Montpelier have?

Accepted Answer

This Residential features 2 bedrooms, 3 bathrooms, 1,700 square feet of living space. It is a 2-story home. The lot is 300 acres.

Question 3

When was 1489 OLD MILL, Montpelier built?

Accepted Answer

This property was built in 2024, making it 2 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 1489 OLD MILL, Montpelier?

Accepted Answer

1489 OLD MILL, Montpelier is a Residential (Recreational). The architectural style is Stories: 2.  Zoning: Agricultural, Short Term Rental Allowed.

Question 5

Does 1489 OLD MILL, Montpelier have a garage or parking?

Accepted Answer

Yes, this property includes a 14-car garage. Total parking capacity: 14 vehicles. The property also accommodates RV parking.

Question 6

Is there an HOA for 1489 OLD MILL, Montpelier?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 7

What are the property taxes for 1489 OLD MILL, Montpelier?

Accepted Answer

Annual property taxes for this property are approximately $5,215 (about $435/month). This represents an effective tax rate of approximately 0.04% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1489 OLD MILL, Montpelier?

Accepted Answer

Interior features include: Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Disposal, Jetted Tub. Exterior features include: Barn, Basement Entrance, Deck; Covered, Double Pane Windows, Entry (Foyer). The home has 1 fireplace.   View: Lake,Mountain(s),Valley.

Question 9

Is 1489 OLD MILL, Montpelier a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 10/100.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

What would the monthly mortgage payment be for 1489 OLD MILL, Montpelier?

Accepted Answer

At the current 30-year mortgage rate of 6.58% with 20% down, the estimated monthly principal and interest payment is $61,184. Including estimated taxes, the total monthly cost is approximately $61,619. A 15-year mortgage at 5.96% would be $80,803/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 1489 OLD MILL, Montpelier been on the market?

Accepted Answer

This property has been listed for 1 days. The average days on market in Montpelier is 187 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 12

What lifestyle features does 1489 OLD MILL, Montpelier offer?

Accepted Answer

Propaired's AI has identified 14 lifestyle features for this property: Waterfront, ADU/Multigenerational, Equestrian, Farm/Ranch, Cabin/Mountain, Trail/Hiking Access, RV-Friendly, Scenic Views, Sport Court, Workshop/Maker Space, Gated Community, Hot Tub/Spa, Privacy/Seclusion, Large Acreage. The primary lifestyle niche is "waterfront." These tags are derived from MLS data, property features, and location analysis.

Question 13

Is 1489 OLD MILL, Montpelier suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 300-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 14

Is 1489 OLD MILL, Montpelier a waterfront property?

Accepted Answer

Yes, this is a waterfront property. The property offers Lake,Mountain(s),Valley views.  Waterfront properties in Utah are rare and typically command premium valuations.

Question 15

How much land comes with 1489 OLD MILL, Montpelier?

Accepted Answer

This property sits on 300 acres. It is suitable for farming or ranching use. Horse keeping is possible on this property. Water source: Culinary,Irrigation,Irrigation: Pressure,Private,Shares. Large-acreage properties in Utah may have water rights and mineral rights considerations — verify with a real estate attorney.

Question 16

What schools serve 1489 OLD MILL, Montpelier?

Accepted Answer

Assigned schools: Elementary: A. J. Winters; Middle: Bear Lake; High: Bear Lake.   School district: BEAR LAKE COUNTY.

Question 17

What high school is near 1489 OLD MILL, Montpelier?

Accepted Answer

The nearest high school is Bear Lake. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 18

What elementary school is near 1489 OLD MILL, Montpelier?

Accepted Answer

The nearest elementary school is A. J. Winters. Propaired provides full school ratings and comparison data for all schools in this area.

Question 19

What middle school is near 1489 OLD MILL, Montpelier?

Accepted Answer

The nearest middle school is Bear Lake.

Question 20

Is 1489 OLD MILL, Montpelier in a flood zone?

Accepted Answer

This property is classified as low.  Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 21

How does this listing compare to the Montpelier market?

Accepted Answer

1489 OLD MILL, Montpelier is listed at $12,000,000, which is above the Montpelier median of $288,000 by $11,712,000. There are currently 30 active listings in Montpelier. Homes in Montpelier sell in an average of 187 days. The average sale-to-list ratio is 96.8%.

Question 22

What is the Montpelier real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Montpelier is $288,000. There are currently 30 active listings. Homes sell in an average of 187 days. The average sale-to-list ratio is 96.8%. This listing at $12,000,000 is above the Montpelier 2026 median.

Question 23

Are there other homes for sale in Montpelier?

Accepted Answer

Yes — there are currently 30 active listings in Montpelier. Browse all Montpelier homes for sale at propaired.ai/listings/id/montpelier. Prices range around a median of $288,000. Homes in Montpelier are selling in about 187 days on average.

Question 24

How does this price compare to the Utah state average?

Accepted Answer

At $12,000,000, this property is above the Utah state median of $525,000 by $11,475,000. Montpelier prices are 45% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 25

What is the Propaired intelligence score for 1489 OLD MILL, Montpelier?

Accepted Answer

This property has a Propaired intelligence score of 24/100, combining deal value (10), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (14 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 26

What heating and cooling systems does 1489 OLD MILL, Montpelier have?

Accepted Answer

Heating: Forced Air,Gas: Central,Propane,Wood,>= 95% efficiency,Radiant Floor. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 27

What type of roof does 1489 OLD MILL, Montpelier have?

Accepted Answer

The roof material is Metal. Metal roofs are highly durable and can last 40-70 years with minimal maintenance. With a 2-year-old home, reviewing recent roof inspections is recommended.

Question 28

Does 1489 OLD MILL, Montpelier have a basement?

Accepted Answer

Yes, the basement is described as: Daylight,Full,Walk-Out Access. A daylight basement features windows for natural light, making the space more livable. Check for any signs of moisture or foundation issues during the home inspection.

Question 29

What is 1489 OLD MILL, Montpelier constructed from?

Accepted Answer

Construction materials include: Cedar,Concrete,Stone,Metal Siding. Stone construction provides exceptional durability and a premium aesthetic.

Question 30

What type of flooring does 1489 OLD MILL, Montpelier have?

Accepted Answer

Flooring types include: Carpet,Tile,Concrete.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 31

What are the water and sewer connections for 1489 OLD MILL, Montpelier?

Accepted Answer

Water source: Culinary,Irrigation,Irrigation: Pressure,Private,Shares. Sewer: Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 32

What would homeowner's insurance cost for 1489 OLD MILL, Montpelier?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $12,000,000, expect approximately $36,000-$60,000/year ($3,000-$5,000/month).   Get multiple quotes — rates vary significantly by insurer.

Question 33

What are the estimated closing costs for 1489 OLD MILL, Montpelier?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $12,000,000, expect approximately $240,000-$600,000 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 34

How does the property tax compare to the list price at 1489 OLD MILL, Montpelier?

Accepted Answer

The annual property tax of $5,215 represents an effective rate of 0.04% relative to the list price of $12,000,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 35

What are the total estimated monthly costs for 1489 OLD MILL, Montpelier?

Accepted Answer

Estimated total monthly housing cost: $65,619. This includes principal & interest ($61,184 at 6.58% with 20% down), property tax ($435/mo), and estimated insurance (~$4,000/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 36

Is 1489 OLD MILL, Montpelier eligible for FHA or VA financing?

Accepted Answer

At $12,000,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 37

Could 1489 OLD MILL, Montpelier be a 1031 exchange property?

Accepted Answer

Yes, 1489 OLD MILL, Montpelier could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 38

What is the price trend in Montpelier?

Accepted Answer

Montpelier's median price has increased 8.2% month-over-month. Current median: $288,000. Days on market have decreased by 11.2% month-over-month. Homes are selling at 96.8% of list price on average. Monitor these trends to time your offer strategically.

Question 39

What school district is 1489 OLD MILL, Montpelier in?

Accepted Answer

This property is in the BEAR LAKE COUNTY school district. Assigned elementary: A. J. Winters. Assigned middle: Bear Lake. Assigned high: Bear Lake. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 40

Is 1489 OLD MILL, Montpelier move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties.

Question 41

Does 1489 OLD MILL, Montpelier come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 42

What is the lot like at 1489 OLD MILL, Montpelier?

Accepted Answer

The lot is 300 acres. Lot features: Fenced: Full,Road: Unpaved,Secluded,Sprinkler: Manual-Part,Terrain: Grad Slope,Terrain: Hilly,Terrain: Mountain,Terrain: Steep Slope,View: Lake,View: Mountain,View: Valley,Wooded,Drip Irrigation: Auto-Full,Private,View: Water,Waterfront. Terrain: Fenced: Full, Road: Unpaved, Secluded Yard, Sprinkler: Manual-Part, Terrain, Flat, Terrain: Grad Slope, Terrain: Hilly, Terrain: Mountain, Terrain: Steep Slope, View: Lake, View: Mountain, View: Valley, Wooded, Drip Irrigation: Auto-Full, Private, View: W. Views: Lake,Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 43

What utilities are available at 1489 OLD MILL, Montpelier?

Accepted Answer

Available utilities include: Natural Gas Available,Natural Gas Connected,Electricity Available,Electricity Connected,Sewer: Public,Water Available,Water Connected. Water source: Culinary,Irrigation,Irrigation: Pressure,Private,Shares. Sewer: Sewer: Public. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 44

Does 1489 OLD MILL, Montpelier have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central,Propane,Wood,>= 95% efficiency,Radiant Floor. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

Question 45

Can I park an RV or boat at 1489 OLD MILL, Montpelier?

Accepted Answer

Yes, this property is tagged as RV-friendly, accommodating RV, boat, or trailer parking. The 300-acre lot provides ample space. In addition to the 14-car garage, there is space for large vehicle storage. RV parking capability is a sought-after feature in Utah given the state's proximity to national parks, lakes, and outdoor recreation. Verify any HOA restrictions on RV/boat parking if applicable.

1489 OLD MILL, Montpelier, ID 83254

1489 OLD MILL RD, Montpelier, ID 83254

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