Sitting proudly on a hilltop in the heart of Burlington VT and surrounded by the greens of the Burlington Country Club Golf Course, sits Fairholt. An iconic brick and stone Estate nestled on 17 acres. Originally built in 1890’s by Henry Holt a New York Publisher and landscape designed by Frederick Law Olmstead. Current owner purchased the home in 1996 and began a large renovation adding porches and two new wings on the east and west side of the house. Expanding the house from 9700 sq ft to almost 14, 000 on five levels. The interior finishes are like none seen in this area. Using only the most exquisite materials. The Great room spans almost 60 ft in length with 24-ft high ceilings and herringbone laid African Mahogany floors. The main level encompasses the large bright eat in kitchen, with access to screen porch and bluestone patio, large dining room for entertaining, a library with custom cherry built bar area, family room for relaxing, a large recreation room and two offices . The Luxurious primary suite spans the entire second level with large bedroom, spa like bath, private gym with hot tub and separate Laundry room. A private oasis to unwind in. The third level houses 5-bedroom suites each with their own tile custom baths and two with fireplaces. The fourth level is a delight for your guests to retreat and a playroom. All are accessible by the elevator that reaches all 5 levels. The lower level is a movie lovers dream, with theatre room seating 16 chairs and a stage.
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Our Executive Mortgage Banker:
Our Insurance Division:
$14,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $11,200,000 | $11,200,000 | $11,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | $9,585 | $9,585 | $9,585 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $62,717 | $68,960 | $93,006 |
Total Monthly Payment | $72,427 | $78,670 | $102,716 |
* 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.