Nestled in the highly desirable Candlewood Lake Club, this premier property boasts a prime location on a beautifully landscaped lot. Custom-built by Peter Schneider, the home has been meticulously maintained with thoughtful attention to detail. The welcoming front porch offers a peek of Candlewood Lake & a perfect spot to enjoy morning coffee or catch the sunset over the lake. The convenient 1st floor Primary Bedroom Suite features a spacious walk-in closet & a luxurious bath. The spectacular sunken living room, highlighted by a Palladium window, overlooks the private, level yard. This home features hardwood floors throughout the first level & a cozy stone fireplace surrounded by custom built-ins. The spacious kitchen boasts Wood-Mode cabinetry, a granite island, SS appliances and a sunny breakfast area with a bay window & sliders leading to the stone patio. The upper level includes 2 large bedrooms that share a hall bath+plenty of expansion possibilities w/ 2 large walk-in attic spaces. All systems have been well maintained, the AC units were updated in 2021. The property also includes a lawn sprinkler system, full unfinished basement w/ outside access + a 2 car garage. Enjoy the lifestyle & all this club offers. Amenities include clubhouse, private 9 hole golf course w/ pro shop, driving range, tennis courts, pickle ball courts, private marina and sandy beach w/ swimming docks, children's camp w/ junior clubhouse, winter boat storage, ballfield, hiking trails and more CLC Annual Fees: Optional Annual Club Dues = $5, 200 + CT State Tax Mandatory Fees: Capital Assessment: $800, Water: $600. Road Maintenance: $475 Club Initiation: $15, 000 + CT State Tax CLC stock transferred & included in sale=$10, 000
Type | Description | Level |
---|---|---|
Bedroom 1 | Walk-In Closet | Upper |
Bedroom 2 | Upper | |
Dining Room | French Doors | Main |
Eat-In Kitchen | Bay/Bow Window,Breakfast Bar,Ceiling Fan,Granite Counters,Patio/Terrace,Hardwood Floor | Main |
Full Bath | Upper | |
Half Bath | Main | |
Living Room | Palladian Window(s),Built-Ins,Ceiling Fan,Fireplace,Patio/Terrace,Hardwood Floor | Main |
Primary Bedroom | Bedroom Suite,Ceiling Fan,Walk-In Closet,Hardwood Floor | Main |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $712,000 | $712,000 | $712,000 |
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 | $877 | $877 | $877 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,155 | $4,500 | $6,008 |
Total Monthly Payment | $5,124 | $5,469 | $6,977 |
* 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.