3148 Mountain Road, #8, Stowe, VT, 05672 | $1,525,000

4 bedrooms 3 ½ baths 3, 390 sq’ including a one car garage and additional ski sharpening/storage room. This middle unit looks over preserved Common Area in back. Mansfield views from 2nd floor. Features high ceilings, central AC, heat pump with propane back up. The open kitchen-dining creates a great entertaining space with seating for 12. Walk-in pantry. Living room has Jotul gas fireplace. The primary suite features 9’ ceilings a soaking tub and shower. Lower level features high ceilings, 3/4 bath, 4th bedroom and large family room. Vermont Vernacular design of The Landing, by renown architect Sam Scofield, is in keeping with the original Stowe-A- Way antique farm house dating back to the 1800’s. Stowe Mountain Resort 4. 4 miles, Stowe Village 3. 2 miles, BOS 3 ¼ hours, BTV 45 minutes. On Mountain Shuttle bus route for easy access to Stowe Mountain Resort and Stowe Village. The Recreation Path is across the street. The Landing sits on 2. 5 acres with over an acre of Common Area for homeowners, their families and guests to use for recreation. This Common Area has spectacular views of Mt Mansfield and is a great place for homeowners to picnic, walk, snow shoe and for children to play and build snow-forts. Furnishing packages are available. Rental of the (3) condos in 28 Landing Circle began a short time ago and show excellent income and bookings into next fall. Resort Realty Advisors Appraisal projects a 10% CAP Rate for short term rentals at The Landing.

Features

  • Parking: Assigned,Deeded,Parking Spaces 1
  • Heating: Propane,Electric,Energy Star System,Forced Air,Heat Pump
  • Cooling: Central AC
  • Amenities: Building Maintenance,Management Plan,Master Insurance,Storage - Indoor,Landscaping,Common Acreage,Snow Removal,Trash Removal
  • Rooms: 15
  • Bedrooms: 4
  • Baths: 2 full / 1 three-quarter / 1 half
  • Complex: The Landing at StoweThe Landing at Stowe
  • Year Built: 2024
  • Approx Sq. Feet: 3,312
  • Est. Taxes: $19,032
  • Lot Desc: Condo Development,Mountain View,Recreational,Ski Area,Stream,Trail/Near Trail,View,Walking Trails
  • Elem. School: Stowe Elementary School
  • Middle School: Stowe Middle/High School
  • High School: Stowe Middle/High School
  • School District: Lamoille South
  • MLS#: 5012804
  • Website: https://www.raveis.com
    /eprop/5012804/3148mountainroad_stowe_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 12/22/2024
Listing courtesy of Pall Spera Company Realtors-Stowe Village   Phone: 802-253-1806
Listing Agent: George Bambara

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3148 Mountain Road, #8, Stowe, VT, 05672

$1,525,000

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 $1,220,000 $1,220,000 $1,220,000
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 $1,586 $1,586 $1,586
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,120 $7,711 $10,295
Total Monthly Payment $8,831 $9,422 $12,006

* 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.