This custom-designed contemporary mountain home was built four years ago by its current owners. With spectacular westerly views of the Adirondacks and Green Mountains, you are positioned to take in incredible nightly sunsets, as well as watch the morning fog roll through the valley below in Richmond (just under 15 min to downtown). Thoughtfully built, with the priority of weaving together the outdoors and the indoors, this home features large energy-efficient Andersen 400 windows w/Heat Lock glass, revealing both the lush surrounding forest and expansive views and providing a design that maximizes sun exposure while offering a remarkably functional and aesthetic layout. This unique end of the cul-de-sac property sits at the foot of Preston Pond Conservation Area, with a deeded right-of-way direct access to an extensive network of multi-purpose trails and beloved hikes and lookouts, including Libby’s Look - right in your backyard. Located in the heart of the MMUUSD district on the Richmond/Jericho town line; this home is just 30 minutes to Burlington or Montpelier, 20 minutes to Bolton Valley Ski Resort, and about 40 minutes to Stowe Mountain, Sugarbush, Mad River, and Smugglers Notch!
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Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.987% | 6.234% | 5.805% |
Monthly Tax Payment | $1,162 | $1,162 | $1,162 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,368 | $4,739 | $6,425 |
Total Monthly Payment | $5,622 | $5,993 | $7,679 |
* 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.