0 Old Stone Lane, Sherman, CT, Connecticut, property flyer

0 Old Stone Lane, Sherman, CT, 06784 | $1,399,000

Discover a vast 54-acre canvas of unparalleled natural beauty in southern Sherman, CT, just 1 hr 15 min from NYC. This dynamic property presents various possibilities, whether you envision a SPRAWLING PRIVATE ESTATE, a FAMILY COMPOUND, or take advantage of the APPROVED 13-LOT SUBDIVISION options. The D-shaped property features a unique layout, partially bordered by Glen Brook flowing through Land Conservancy holdings which embrace the property and provides a 35-acre buffer of open space. At the heart of the land lies a level hilltop, ideal for an astounding home site w/ potential views. Situated in a sparsely developed community with a country estate vibe, the property boasts old stone walls and game trails crisscrossing the pristine landscape. The approved subdivision not only provides development options but also strategic opportunities for donating or conserving lots, offering flexible tax benefits into the future. This property is not just a land investment; it's a chance to create a private major estate or sub-division within easy reach of NYC. Enjoy access to Candlewood Lake from the Sherman Town Beach. A quick jaunt to Pawling, NY and a mere 15 minutes to the vibrant village of Kent, CT. 5 mins to 350 stunning acres of hiking trails at Deer Pond Farm. Multiple golf courses and fishing spots in close proximity add to the appeal of this offering. A visit to this remarkable lot is sure to leave you smitten with its undeniable beauty and potential!

Features

Zoning: Res
Frontage: Municipal Street,Private Road
Lot Desc: Fence - Stone,Secluded,Some Wetlands,Borders Open Space,Level Lot,Sloping Lot

Elem. School: Sherman
Middle School: Per Board of Ed
High School: Per Board of Ed

MLS#: 170625908
Days on Market: 260 days
Website: https://www.raveis.com
/prop/170625908/0oldstonelane_sherman_ct?source=qrflyer

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Listing courtesy of Keller Williams Realty

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888.699.8876

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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Our Insurance Division:

Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

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203.925.4590

For homebuyers and sellers, our Attorney Network:

Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents
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0 Old Stone Lane, Sherman, CT, 06784

$1,399,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$1,119,200	$1,119,200	$1,119,200
Term	360 months	360 months	180 months
Initial Interest Rate**	5.500%	6.375%	5.875%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.821%	6.474%	6.036%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$6,355	$6,982	$9,369
Total Monthly Payment	$6,480	$7,107	$9,494

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.