1276 Bluff Road, Newport City, VT, 05855 | $1,395,000

This is the best of all worlds - close to town and the bike path (into town and along the lake), across the road from a conserved farm field parcel of land, in a quiet neighborhood of nice homes, with long lasting ownership, AND the best view on Lake Memphremagog! The vista is magnificent as you see incredible sunsets to the west, where the sky turns brilliant shades of pink, purple, and orange. Watch storms pass over the lake and see the first snow of the season on the peak of Owl's Head ski resort in Quebec. The open lawn takes you to the dock with a clean sandy lake entrance with shallow waters for 150 yards out. Then, enjoy a shady reprieve from a hot summer day on the expansive tiers of decks overlooking the lake. This home has been enjoyed by the same family for almost 40 years. It's time for the next generation of memories.

Features

  • Rooms: 12
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Chalet,Contemporary
  • Year Built: 1976
  • Garage: 2-car Garage
  • Heating: Baseboard,Hot Water,Radiant Floor
  • Cooling: None
  • Basement: Bulkhead,Climate Controlled,Concrete Floor,Interior Access,Partial,Partially Finished,Stairs - Interior,Storage Space
  • Approx Sq. Feet: 2,873
  • Acreage: 1.42
  • Est. Taxes: $15,035
  • Lot Desc: Country Setting,Lake Access,Lake Frontage,Lake View,Landscaped,Level,Mountain View,Recreational,Trail/Near Trail,Waterfront
  • Water Front: Yes
  • Elem. School: Newport City Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • School District: Newport City School District
  • MLS#: 5010186
  • Website: https://www.raveis.com
    /eprop/5010186/1276bluffroad_newportcity_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 11/9/2024
Listing courtesy of Four Seasons Sotheby's Int'l Realty   Phone: 802-751-7582
Listing Agent: Cheryl Kerr

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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

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1276 Bluff Road, Newport City, VT, 05855

$1,395,000

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 $1,116,000 $1,116,000 $1,116,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $1,253 $1,253 $1,253
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,249 $6,871 $9,267
Total Monthly Payment $7,627 $8,249 $10,645

* 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.