This is the ultimate family retreat for those looking to experience the Mad River Valley with luxury, comfort, and convenience! Set inside the exclusive Lincoln Ridge, homeowners in this complex have access to a private hiking trail network and direct, ski-on/ski-off access to Sugarbush Mountain via a private, manned snow cat. 77 Timber Ridge is unlike any other home you’ve seen. Custom built by the current owner, the property is designed to allow families and friends to vacation together, giving all parties designated homes while also providing shared social spaces for those times when everyone chooses to be together. In other words, this is three houses in one! The main house in the center has a grand living room with a majestic stone hearth and views of the surrounding mountains. The adjoining oversized kitchen ensures that hosts can entertain while preparing food - or invite everyone to join you in firing up the pizza oven! The primary bedroom with attached full bath is on the first floor, providing indiscriminate accessibility. That being said, the elevator likewise provides an easier way to move between levels! Take the elevator upstairs to find another two bedrooms with bathrooms and designated office spaces. Both the left wing and the right wing of this compound are full houses unto themselves, with their own kitchens, living rooms with woodfired hearths, and two bedrooms with attached baths apiece. All three spaces have combined access to the basement level.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,000,000
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 | $9,600,000 | $9,600,000 | $9,600,000 |
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 | $3,840 | $3,840 | $3,840 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $56,023 | $60,679 | $81,010 |
Total Monthly Payment | $59,988 | $64,644 | $84,975 |
* 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.