Here’s an amazing opportunity to own 500+ acres in the heart of the NEK with a 2016 cedar log home complete with a wrap-around covered porch overlooking a private 7-acre pond. The property features streams and fields, as well as acres of lovely woods with a network of trails for hiking, biking, Nordic skiing, snowshoeing, ATVing, snowmobiling, and wildlife viewing. Inside, the home’s main level offers an open layout for the eat-in kitchen and living room, with the primary bedroom and en suite full bath at the back. Head upstairs to a large loft bedroom and then take the catwalk to a cozy sitting area or office with a balcony that would be an ideal spot for a hammock. The full walkout, daylight basement has a ¾ bath, with the remainder unfinished and ready for your ideas to create more living space with views of the pond. Several fields have been left wild, providing great bird nesting and wildlife habitat, but could be reclaimed for agricultural use. The property is enrolled in the current use program, keeping taxes affordable, and the forest management plan is good through 2032. Frontage on Baird Road, as well as Chamberlain Road and Route 58, opens up many possibilities for this stunning property. All this is just a short drive from Crystal Lake and Lake Willoughby, 18 miles from the Craftsbury Outdoor Center, and Burke Mountain or Jay Peak are less than 40 minutes away for skiing, riding, and so much more. Come discover this wonderland that will enchant you all year round
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.746% | 6.597% | 6.158% |
Monthly Tax Payment | $980 | $980 | $980 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,098 | $7,585 | $10,126 |
Total Monthly Payment | $8,203 | $8,690 | $11,231 |
* 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.