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1500 Dugway Road, #Lot 21, Richmond, VT, 05477 | $1,150,000
The Vermont dream awaits you with this stunning Mountain property that is located just 25 minutes from downtown Burlington. This incredible parcel is now Act 250 approved for a primary residential home as well as an accessory dwelling. Currently in current use, one could continue to use for light farming and forestation program in addition to your future dream home. This is the type of property where you, your family and friends can get away from it all while also being close to all the amenities this area has to offer. A series of walking trails throughout this land and the neighboring parcel for sale has been developed to satisfy the serenity of nature one craves. Whether it's biking or hiking you desire, you will find it with such a magical spot. This land backs up to Cochrans Ski Area and close to multiple ski resorts nearby. If this isn't enough, this property comes with easement access to the Huntington River across the street to cool off on those hot summer days. A short trip to the Airport, UVM, Lake Champlain, shopping, restaurants and all that Vermont has to offer. An additional 188. 8 acres connected to this parcel is available for purchase as well.
Features
- Zoning: Residential, Agricultural
- Lot Desc: Mountain,Near Paths,Near Skiing,Country Setting,Field/Pasture,Mountain View,Recreational,River,Rolling,Secluded,Walking Trails,Wooded,Near Hospital
- Elem. School: Richmond Elementary School
- Middle School: Camels Hump Middle USD 17
- High School: Mt. Mansfield USD #17
- School District: Richmond School District
- MLS#: 5009432
- Website: https://www.raveis.com
/prop/5009432/1500dugwayroad_richmond_vt?source=qrflyer
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 12/22/2024Listing courtesy of KW Vermont Phone: 802-654-8500
Listing Agent: Mike Burak
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1500 Dugway Road, #Lot 21, Richmond, VT, 05477
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,369 | $5,815 | $7,763 |
| Total Monthly Payment | $5,494 | $5,940 | $7,888 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484