40 Oak Island Road, Meredith, NH, New Hampshire, property flyer

40 Oak Island Road, Meredith, NH, 03253 | $2,250,000

Experience year-round enjoyment at this unique, stunning property on Lake Winnipesaukee, featuring a charming 3-bedroom home on site. Nestled on the coveted and private Oak Island, one of the rare islands with a bridge allowing year-round access and home to just four properties, this residence offers breathtaking views in every direction. Enjoy stunning sunrises to the East, the majestic White Mountains to the North, and picturesque sunsets to the West. Situated on a peninsula in a serene cove with a cove, this property boasts a grandfathered deep-water dock, accommodating two boats and jet skis. Located in a peaceful cove. The current home has some mold issues that can be remedied, and the bathrooms need renovation. Once addressed, you’ll be able to enjoy a charming, single-level residence steps from the lake. OR, if you envision building your dream home, the seller has approved permits and plans for a stunning, 3-story residence featuring four bathrooms, two office spaces, and floor-to-ceiling windows offering panoramic views of the lake. This 7, 200 sq. ft. home is designed for luxurious living, maximizing land and water. For snowmobile enthusiasts, the garage includes a rear opening, allowing direct access to the lake for winter fun. All permits and architectural plans are fully approved, and a builder is ready to begin construction on short notice. Open House Sat. Oct 7-btw 11-12: 30pm

Features

Rooms: 6
Bedrooms: 3
Baths: 1 full / 2 three-quarter
Style: Ranch
Year Built: 1971
Garage: 1-car Garage
Heating: Electric,Mini Split

Cooling: Mini Split
Basement: Crawl Space,Exterior Access,Sump Pump
Approx Sq. Feet: 2,259
Acreage: 0.62
Est. Taxes: $22,067
Lot Desc: Country Setting,Deep Water Access,Lake Frontage,Landscaped,Level,Mountain View,Waterfront,Wooded,Island,Near Shopping
Water Front: Yes

Elem. School: Inter-Lakes Elementary
Middle School: Inter-Lakes Middle School
High School: Inter-Lakes High School
School District: Inter-Lakes Coop Sch Dst
MLS#: 5014491
Website: https://www.raveis.com
/eprop/5014491/40oakislandroad_meredith_nh?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 12/22/2024
Listing courtesy of Coldwell Banker Realty Bedford NH Phone: 603-471-0777
Listing Agent: Linda DiSilvestro

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40 Oak Island Road, Meredith, NH, 03253

$2,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$1,800,000	$1,800,000	$1,800,000
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	$1,839	$1,839	$1,839
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$10,504	$11,377	$15,189
Total Monthly Payment	$12,468	$13,341	$17,153

* 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.