7 Equestrian Ridge, Newtown, CT, 06470 | $11,000,000

Red Gate Farm- A rare opportunity to acquire a TURN KEY equestrian property in Fairfield County with a main house set high overlooking the 54+ bucolic acres and the Aspetuck River. The equestrian facility includes 3 barns w/ 69 stalls, wash stalls, tack rooms, laundry, rubber flooring, full haylofts, grand prix/derby field, indoor & outdoor rings, round pen, apts. for staff, office/viewing room, gym, paddocks, fenced pastures & equipment garages. Accessed by a long driveway set high on a hill is a luxuriously appointed stone manor home w/ an18' grand entry, formal lvng rm, dining rm, kitchen/family room, bar, 4 bedrooms, 5. 1 bathrooms, 6 fireplaces, walk-in wine cellar & elevator to all 3 floors. Absolutely beautiful and an exceptional opportunity.

Features

  • Bedrooms: 4
  • Baths: 6 full / 2 half
  • Style: English Manor
  • Year Built: 2002
  • Garage: 3-car Attached
  • Heating: Combination, Oil
  • Cooling: Central A/C
  • Basement: Full, Partially Finished
  • Approx Sq. Feet: 10,800
  • Acreage: 54.03
  • Est. Taxes: $70,108
  • Lot Desc: Extra Lot(s), Level
  • Water Front: Yes
  • Elem. School: Out of Town
  • Middle School: Out of Town
  • MLS#: 118012
  • Days on Market: 241 days
  • Website: https://www.raveis.com
    /eprop/118012/7equestrianridge_newtown_ct?source=qrflyer
Source: Greenwich MLS
Listing courtesy of Sotheby's International Realty

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Laurie BergerVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12578

203.520.1925

Laurie.Berger@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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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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For homebuyers and sellers, our Attorney Network:

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7 Equestrian Ridge, Newtown, CT, 06470

$11,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Laurie Berger

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.520.1925

Laurie.Berger@raveis.com

NMLS Mortgage Loan Originator ID 12578

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $8,800,000 $8,800,000 $8,800,000
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 6.769% 6.270% 5.864%
Monthly Tax Payment $5,842 $5,842 $5,842
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $49,277 $53,470 $72,488
Total Monthly Payment $55,244 $59,437 $78,455

* 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.