Summer fun awaits at this eye-catching modern lakefront home in South Hero, VT. Constructed in 2018, this efficient home is located on 0. 30 acres with 105 ft of direct water frontage on Lake Champlain. The gradual lakeshore is sandy with a rock wall and quick access to The Inland Sea. The spacious home features over 3, 000 sqft and lake views from nearly every room. The main living area has an open floor plan with 9-foot ceilings, luxury vinyl plank flooring, and a wall of windows with stunning views of the lake. Nature lovers will enjoy the abundance of wildlife. Upstairs, there are three bedrooms, laundry, a full bath with heated floors, and a sunny balcony overlooking the property. There is also a separate bonus space with a large living room, a bedroom, and a ¾ bathroom. This wing could be an office, gym or primary suite. With its own entrance, it has the potential to generate income as a short or long-term rental. Additionally, there is a mudroom and a heated garage with plenty of room for toys and equipment with pass-through overhead doors. The property is located at the end of a private road, allowing for complete privacy while still just 15 miles from Burlington, VT, and an hour from the Canadian border. Come see this unique modern home today!
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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 | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $861 | $861 | $861 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,579 | $6,043 | $8,067 |
Total Monthly Payment | $6,565 | $7,029 | $9,053 |
* 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.