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PRIVATE ISLAND FOR SALE! Imagine owning your own private island on a pristine 272 acre lake. A private sanctuary. The views are spectacular. Whether it be gazing at the water, or gazing at the stars. It doesn't matter where you are- on the second story deck, the patio surrounding the house or in the yard the views will amaze you. The wildlife is astonishing. Eagles, hawks, herons, kingfishers as well as ducks, geese, songbirds, hummingbirds and butterflies galore. The list goes on and on. Incredible stone wall surrounding patio brings character and historical charm. Expansive yard for outdoor games, fire pit and family fun. Pontoon boats, motorboats and jet skis allowed for lake property owners only keeping boat traffic very minimal. Water skiing, tubing, pontoon rides, fishing and swimming are a few of the fun activities. Swimming is ideal. Sparkling clean lake-water tested yearly. Great Bass fishing. A true sportsman's paradise. Beautiful sunrises and sunsets. Star filled nights. There is a Public launch area on Route 207 for carry on boats only. No boat ramp. Canoes and kayaks welcome. Centrally located between Boston and New York. So close yet feels so far away. A rare opportunity to own your own Private Island. Utilities * Wind Generator * Utility Building includes Batteries, Invertor, Back-up Gas Generator and a 600 Gallon Water tank that supplies the house with fresh water * Compost toilet system. * Propane Fireplace and Hot Water tank * Drilled well 1st Floor: 20x16 ft. Kitchen/Living area with tile flooring, New propane Stove, Refrigerator and Fireplace. Full bathroom with tub, sink and toilet. 2nd Floor: 20x16 ft. Bedroom/Living area, gleaming hardwood floors with sliders to 2nd Floor Wraparound Deck. Panoramic Views from all sides. Attic with a pull down ladder leads to a cupola and area for storage. Full Walk-in Basement with dirt floor, stone foundation, compost system storage tank and hot water tank. Lake is spring fed, pristine. The property known as Lake Williams used to be called Williams Pond and is still listed on older maps as such. At some point in time the three owners of the property surrounding and including the pond dammed the pond and created a Lake. Each of the owners owned approx. 1/3 of the lake/lake bottom. One of the owners created Lake Williams Beach Association and sold properties. The second owner created Lakewood Drive and sold waterfront properties to approx. a dozen homes. The third owner donated a small portion to his property to the town for a carry on boat launch area. The rest of his property was sold to the State of Connecticut to preserve the land as a park. When this occurred 1/3 of the lake with surrounding land turned into a State Park. This Island along with another owner occupied island and 4 other islands became surrounded by a State Park. This is favorable since it prevents further construction on that end of the lake. It protects the natural beauty surrounding the Island. Additional lakefront Lake Cottage may be purchased if needed for access to the lake for 299, 000. Cottage not sold seperately.
Type | Description | Dimensions | Level |
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Other | 16.0 x 20.0 | Main | |
Primary Bedroom | Palladian Window(s),Balcony/Deck,Sliders,Hardwood Floor | 16.0 x 20.0 | Upper |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $367,920 | $367,920 | $367,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $316 | $316 | $316 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,448 | $2,445 | $3,155 |
Total Monthly Payment | $2,839 | $2,836 | $3,546 |
* 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.