Spacious and utterly enchanting, this impressive Mill Creek Post and Beam (authentic timber frame construction) beauty represents the quintessential mountain-lake home and is MOVE-IN ready! Being sold turn-key, this beautiful home is fully furnished and appointed with antiques, handmade furniture, and one-of-a-kind décor. Much admired for its many original features, this home has been featured in “Timber Homes” magazine. Expansive living areas (with over 7, 000 square feet fully finished) are beautifully laid out over heart pine floors, beneath vaulted and beamed ceilings. Five enormous bedrooms (plus bunk room), each with full bath, and one contained within its own apartment, provide hospitable spaces which are both practical and lovely. Living areas include a beautifully appointed kitchen with Sub Zero and Wolf appliances, large farmhouse-style sinks and hand-finished antiqued cabinetry. The Great Room is truly “great”, featuring hammer beam & King Post accents, a 2 story wall of windows, impressive stone fireplace with flush hearth, and French doors to the screened porch. Above, a large loft may serve as a home office, games or sleeping area. A special windowed staircase leads to the Tower Room, with its 360 degree windows and numerous possible functions (studio, crafts room, exercise loft, etc. ) The Dining Room is also multi-functional – convenient, bright, overlooking a waterfall, and large enough to accommodate dinner parties while maintaining the warmth of a beloved family gathering area. Two main floor bedrooms, with old-world fixtures and cathedral ceilings and a further two sizable bedroom suites at the lower level (one of which has a bunk room attached) provide privacy and comfort for all denizens of the home. A large lower level sitting room, adjacent billiards room, courtyard and covered hot tub, snacking kitchen and stone-lined wine cellar provide comfort and entertainment. A further, full apartment with breakfast kitchen is located above the garage, for privacy and function. Nestled into its woodland setting on 4. 33 ac, this home looks as though it “belongs” amid the towering pines, above the spring-fed creek, and anchored by a stone-lined waterfall and mature landscaping.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,479,200 | $1,479,200 | $1,479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $1,078 | $1,078 | $1,078 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,471 | $9,594 | $12,885 |
Total Monthly Payment | $10,674 | $10,797 | $14,088 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.