174 Bald Top Road, Fairlee, VT, 05045 | $725,000

Welcome to your dream retreat overlooking Lake Morey! This expertly renovated home with its quality finishes is nestled on 5. 5 acres and offers a tranquil setting, conveniently located near skiing and hiking, 30 minutes from Hanover and just a 2. 5 hour drive from Boston. Minutes from the community beach, enjoy year-round lake activities, play some golf on the beautiful 18-hole Lake Morey Resort course or take in a concert on the Resort grounds. Step inside to discover an inviting open layout where the living and dining areas and the kitchen blend seamlessly and are graced with a wall of windows framing picturesque Lake Morey! Meal prep will be a pleasure in your gorgeous bright kitchen with its energy saving appliances. 3 bedrooms and 3 bathrooms provide ample space for family and friends who will stay comfortable year-round thanks to efficient mini splits throughout the home. Warmth and ambiance abound with two gas fireplaces providing perfect places for relaxing or entertaining. For those interested in an enticing investment opportunity, this property boasts a lucrative short-term rental income history. (See docs) Move-in ready with attractive furnishings included, this is an ideal spot for both full-time residents and weekend getaways. Come to see for yourself all that this unique property and its surroundings has to offer! It won't last long.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Style: Contemporary,Freestanding,Multi-Level,Tri-Level,Walkout Lower Level
  • Year Built: 1964
  • Heating: Heat Pump,Stove - Gas,Mini Split
  • Cooling: Mini Split
  • Basement: Climate Controlled,Insulated,Partially Finished,Stairs - Exterior,Stairs - Interior,Walkout
  • Approx Sq. Feet: 1,950
  • Acreage: 5.5
  • Est. Taxes: $11,081
  • Lot Desc: Country Setting,Lake View,Landscaped,Mountain View,Sloping,Trail/Near Trail,View,Walking Trails,Water View
  • Elem. School: Randolph Elementary School
  • Middle School: Rivendell Academy
  • High School: Rivendell Academy
  • School District: Rivendell Interstate Sch Dist
  • MLS#: 4989980
  • Website: https://www.raveis.com
    /prop/4989980/174baldtoproad_fairlee_vt?source=qrflyer
©2024 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 5/18/2024
Listing courtesy of KW Vermont   Phone: 802-654-8500
Listing Agent: The Conroy Group

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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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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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174 Bald Top Road, Fairlee, VT, 05045

$725,000

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 $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.159% 6.286%
Monthly Tax Payment $923 $923 $923
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,957 $3,855 $4,894
Total Monthly Payment $4,972 $4,870 $5,909

* 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.