Nestled at the foot of Elmore Mountain and the Worcester Range to the east and with 180° views of Mount Mansfield and the Green Mountains to the west, Elmore Mountain Farm represents a rare opportunity to own a fully restored, 5+ bedroom farmhouse with extensive pastures and woodlands in a setting that offers complete privacy while maintaining desirable proximity to both neighbors and local amenities. Located on one of the area’s most beautiful country roads, the property has changed hands only twice in the last 75 years and has benefited from thoughtful restoration which has created modern open spaces for today’s living while still preserving the house’s antique charm and character. The bright interior features lovely woodwork and cabinetry, antique heart pine floors, and 5 wood burning fireplaces with a layout that allows for family and guests to enjoy several delightful seating areas throughout the main level as well as spacious first and second floor bedrooms and baths. A portion of the large barn features 2, 700 sqft of additional living/rental space including 3-4 bedrooms and 2 baths, while a larger working portion of the barn offers ample storage and space for livestock. This 34-acre property includes several outbuildings, established gardens, extensive fruit trees/bushes and a beautiful pond all in a setting that is remarkably private, but only 5 minutes to the shops, restaurants and amenities of Morrisville and 15 minutes to Stowe village.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,495,000
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 | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $3,017 | $3,017 | $3,017 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,333 | $12,452 | $16,709 |
Total Monthly Payment | $14,475 | $15,594 | $19,851 |
* 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.