533 Bay Road, Shelburne, VT, 05482 | $1,750,000

This custom-built home sits proudly above Shelburne Bay with expansive views of Lake Champlain. Upon entry you will be awed by the scale of the foyer and the custom-built wood moldings that enhance each room. This property was built with family and friends in mind. Spacious rooms for gatherings, meals and lots of room for relaxing and recreation. On the main level you'll discover a large country kitchen with dining nook, a convenient laundry room, and an impressive dining and living area designed to capture mesmerizing lake views. The family room with built in bar and sunroom both offering stunning vistas. Step outside to the extra-large deck, perfect for outdoor dining and morning coffee. The second level features four bedrooms, three with private decks overlooking the lake. A generous primary suite with French doors opens to lake views, making unwinding easy. The lower level includes a versatile space with a generous recreation room that opens to a stone patio. Inside you’ll find a hot tub to enjoy lake views on cold winter days. Additionally, there are four rooms currently used as office spaces, offering flexibility for work-from-home arrangements, creative projects or in-law space. The two-car garage provides ample space for your vehicles and storage needs. An elevator in the garage services all floors. Close to Shelburne Village and schools, airport, UVM Medical and downtown Burlington. Come enjoy Summer near the lake.

Features

  • Rooms: 16
  • Bedrooms: 4
  • Baths: 3 full / 1 three-quarter / 1 half
  • Style: New Englander
  • Year Built: 1988
  • Garage: 2-car Garage
  • Heating: Baseboard,Multi Zone
  • Cooling: None
  • Basement: Climate Controlled,Concrete,Daylight,Exterior Access,Finished,Insulated,Interior Access,Stairs - Interior,Storage Space,Walkout
  • Approx Sq. Feet: 7,476
  • Acreage: 1.45
  • Est. Taxes: $20,009
  • Lot Desc: Lake View,Landscaped,Mountain View,Open,Sloping,Water View
  • Elem. School: Shelburne Community School
  • Middle School: Shelburne Community School
  • High School: Champlain Valley UHSD #15
  • School District: Shelburne School District
  • MLS#: 5001198
  • Website: https://www.raveis.com
    /eprop/5001198/533bayroad_shelburne_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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NMLS Mortgage Loan Originator ID 793093

203.415.2989

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533 Bay Road, Shelburne, VT, 05482

$1,750,000

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 $1,400,000 $1,400,000 $1,400,000
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 $1,667 $1,667 $1,667
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,282 $8,849 $12,004
Total Monthly Payment $10,074 $10,641 $13,796

* 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.