2 Pinnacle Drive, South Burlington, VT, 05403 | $975,000

Welcome to Pinnacle at Spear, South Burlington’s premier neighborhood. This move in ready custom built one level contemporary offers easy living with 3 bedrooms, 3 baths in an open floor plan. Offering tray ceilings just under 10 feet with oversized casement windows allowing maximum sunshine. The corner lot abuts wetlands and conserved lands to the East. You will enjoy the eastern mountain views and western peaks of Lake Champlain and the ADK mountains. This home is meticulously cared for by current owner inside and out, it has a new roof, new deck, new furnace, new hot water heater, new washer & dryer. As you enter the foyer & dining room you will notice the elegant 18x18 black granite flooring. The large sunroom at the back of the house is perfect for morning coffee and enjoying the natural habitat of the conserved land and the views. Walkout to the deck and fence in the back yard to entertain. You will love cooking in the open kitchen which has 42inch white cabinets and 16x16 white ceramic tiles. Your spacious primary suite is on the south side of the house for maximum sunshine & privacy. Two additional bedrooms and full bath on other side of the house. Overall, a super convenient layout on one level. A full lower level is ready to be finished. Work from your home in the lovely office with peak views of Lake Champlain. The location is ideal for getting to lake , biking into UVM/ UVMMC (only 4 miles), airport or schools. Walking trails, biking just around the corner.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full / 1 three-quarter
  • Style: Ranch
  • Year Built: 2000
  • Garage: 2-car Garage
  • Heating: Forced Air,Hot Air,Multi Zone
  • Cooling: Central AC
  • Basement: Concrete Floor,Daylight,Full,Insulated,Stairs - Interior,Storage Space,Unfinished
  • Approx Sq. Feet: 2,618
  • Acreage: 0.41
  • Est. Taxes: $12,152
  • Lot Desc: Corner,Landscaped,Level,Mountain View,Subdivision,Trail/Near Trail,View
  • High School: South Burlington High School
  • School District: South Burlington Sch Distict
  • MLS#: 5000893
  • Website: https://www.raveis.com
    /prop/5000893/2pinnacledrive_southburlington_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/4/2024
Listing courtesy of Four Seasons Sotheby's Int'l Realty   Phone: 802-864-0541
Listing Agent: Mary Palmer

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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2 Pinnacle Drive, South Burlington, VT, 05403

$975,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

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 $780,000 $780,000 $780,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.612% 6.433%
Monthly Tax Payment $1,013 $1,013 $1,013
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,614 $4,930 $6,688
Total Monthly Payment $5,719 $6,035 $7,793

* 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.