1295 Spear Street, South Burlington, VT, 05403 | $2,199,000

Enjoy magnificent sunsets over the Adirondacks and Lake Champlain from the back of this home. Nestled on two acres, this property offers a blend of natural beauty and easy access to everything. This home spans over 4, 000 square feet, designed and curated for contemporary living. The heart of the home is its remodeled kitchen, a masterpiece crafted by Peregrine Construction, where culinary delights unfold amidst modern amenities and timeless elegance. The primary suite is a sanctuary unto itself, featuring a serene sitting area that invites relaxation, a generously proportioned walk-in closet ensuring ample storage, and an adjacent office space designed for versatility and productivity. Adding to the allure of this abode are three bedrooms, each with a delightful surprise - secret passages that interconnect, fostering a sense of enchantment and adventure. Ideal for young ones or the young at heart, these hidden pathways spark imagination and create a whimsical ambiance within the home. Outside, the expansive grounds beckon exploration and contemplation, with lush greenery and open spaces providing a tranquil retreat from the hustle and bustle of everyday life. Whether enjoying al fresco dining on the patio, stargazing under the vast sky, or simply reveling in the beauty of nature, this property offers a quiet space close to University of Vermont, Lake Champlain waterfront, and the Burlington International Airport.

Features

  • Rooms: 13
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Cape
  • Year Built: 1974
  • Garage: 3-car Garage
  • Heating: Hot Air,In Floor,Multi Zone
  • Cooling: Multi Zone
  • Basement: Bulkhead,Full,Partially Finished,Stairs - Interior,Sump Pump
  • Approx Sq. Feet: 5,988
  • Acreage: 2.28
  • Est. Taxes: $19,310
  • Lot Desc: Landscaped,Mountain View,Water View
  • Elem. School: Orchard Elementary School
  • Middle School: Frederick H. Tuttle Middle Sch
  • High School: So. Burlington High School
  • School District: South Burlington Sch Distict
  • MLS#: 5001296
  • Website: https://www.raveis.com
    /eprop/5001296/1295spearstreet_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 Coldwell Banker Hickok and Boardman   Phone: 802-863-1500
Listing Agent: Nancy Warren

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1295 Spear Street, South Burlington, VT, 05403

$2,199,000

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 $1,759,200 $1,759,200 $1,759,200
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 $1,609 $1,609 $1,609
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,406 $11,119 $15,084
Total Monthly Payment $12,140 $12,853 $16,818

* 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.