Welcome to your custom-built over 3700 sf heat/cool waterfront home on Loch Lommond! This well-constructed home is privately tucked away on over 5 acres, yet it is convenient to town. Home includes 5928 sf total under roof with storage galore. The upper story is a spacious home within itself featuring a large custom kitchen, 10' ceilings, open living area, three bedrooms with
walk-in closets, and two bathrooms with double sinks and whirlpool tubs. The primary bath also features double showers and a huge custom closet. There are three doors leading to the upper deck and many windows throughout offering lovely views of the saltwater pool with beach entry and the lake below. The kitchen features custom maple cabinets, two sinks and a breakfast bar. The kitchen leads to a utility room housing laundry, pantry, and abundant
storage. From here is the oversized garage with 12' ceilings and 18x8' garage door. The 1500 sf heat/cool finished daylight basement is multi-functional and could serve as its own home. It includes a large bath, a kitchenette that is wired to accommodate a full-size refrigerator and stove, and could easily be modified to add at least 3 private bedrooms. There are two doors here leading to the pool and double doors leading to another 765 sf insulated
garage/workshop with an 8x7' roll-up door. Plumbed and ready for propane stove, fireplace, and grill. Frame construction on upper level of home is 2x6 on 16" centers. Subfloor is tongue and groove ¾" plywood. Acrocrete finish (painted 4/2024), metal roof, two Marathon (built like a Yeti) water heaters, HVAC replaced January 2023, two electrical panels, new pool pump and salt generator 6/2024, Icynene insulation in roof, walls, and floor trusses (16" on center), roof and walls decked with 5/8" plywood (no OSB), approx. 800'x12' wide concrete circular driveway and pole barn. Buyer will have first right of refusal on each of the 2 lots adjacent to the home. Lot 1 is over 3 acres and has approx. 780' on SR21 and 200' on Gas Line Rd, with a great view of a private pond and Loch Lommond. Lot 3 (included with the home and parcel 2) has an additional 80' on the lake and has an entrance on Gas Line Rd. The total acreage is 8. 432 with all three parcels included. This property is turn-key and ready to be your dream home!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.636% | 6.684% |
Monthly Tax Payment | $391 | $391 | $391 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,866 | $4,804 | $6,620 |
Total Monthly Payment | $5,349 | $5,287 | $7,103 |
* 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.