400 East Lake Road, Ludlow, VT, 05149 | $550,000

**Incredible Opportunity Awaits!** Escape to your dream getaway in this charming classic A-frame home, perfectly located in one of Vermont's most desirable areas. Ideal for both summer and winter enthusiasts, this property offers easy access to skiing, snowmobiling, golfing, and the vibrant life surrounding the lake, all right at your fingertips! Nestled on a tranquil wooded lot along a peaceful dirt road, you’re just minutes away from the bustling heart of Ludlow and the renowned Okemo Ski Resort. With convenient access to VAST trails and the serene Lake Pauline, adventure is always just outside your door! Step inside to discover a bright and airy open-concept living space, where natural light pours in through large windows and a sliding door that opens to a spacious deck with stunning views of Okemo Mountain. The main level features two cozy bedrooms and a bathroom, while a spacious loft upstairs provides additional living space for relaxation or entertainment. The lower level includes a separate one-bedroom apartment with its own entrance, perfect for guests or generating rental income. With two outbuildings for ample storage, this property is not just a home—it's a remarkable investment opportunity for both long-term and short-term rentals, making it an affordable gem in a prime location. Embrace the charm of this classic chalet-style retreat and create lasting memories in this enchanting escape! Don’t let this incredible opportunity pass by-schedule your viewing today!

Features

  • Rooms: 11
  • Bedrooms: 3
  • Baths: 2 three-quarter
  • Style: A Frame
  • Year Built: 1969
  • Heating: Baseboard,Electric,Stove - Wood,Mini Split
  • Cooling: Mini Split
  • Approx Sq. Feet: 1,819
  • Acreage: 9.1
  • Est. Taxes: $3,522
  • Lot Desc: Country Setting,Hilly,Lake Access,Mountain View,Sloping,View,Wooded,Near Golf Course,Near Skiing
  • MLS#: 5027260
  • Website: https://www.raveis.com
    /prop/5027260/400eastlakeroad_ludlow_vt?source=qrflyer
©2025 New England Real Estate Network, Inc. All rights reserved.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 1/27/2025
Listing courtesy of Mary W. Davis Realtor & Assoc., Inc.   Phone: 802-228-8811
Listing Agent: Matthew Bellantoni

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

617.320.5687

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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400 East Lake Road, Ludlow, VT, 05149

$550,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $440,000 $440,000 $440,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.243% 7.282% 6.518%
Monthly Tax Payment $294 $294 $294
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,927 $2,964 $3,773
Total Monthly Payment $3,313 $3,350 $4,159

* 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.