5 Echo Drive, New Milford (Birch Groves), CT, 06776 | $2,095,000

Authentic 1938 Stone and Timber Candlewood Lake House. Set directly on this magical Connecticut lake this native stone house evokes the easy days of lake living. With its private grassed lake front the westward facing home enjoys all the lake can provide-swimming, fishing, boating. Towering native oaks, aged maples and specimen trees dot the property and provide beauty and shade. Stone terraces provide different places for sitting, cooking and sitting around a firepit. The interior of the house is as cool as outside. Stone and timber adorn the home where the living room boast the 30 foot stone fireplace and soaring beamed ceiling. The modern kitchen is supplemented with an outdoor kitchen on the large stone patio perfect for large parties. There are three gracious bedrooms with the primary bedroom commanding an amazing lake view. A private office is available as well as recreation room. There is also a media room on the lower level. There are three and a half bath with one on the lower level for lake use. OR use the outdoor shower to rinse off from the lake or the hot tub! This home is meant to share with the clan and entertain or relax all season long. Insanely private and the views are subtly amazing as across the lake is nearly 1000 acres of land where no houses reside. So, you look out over wilderness as if you were transported back to the time when the lake was created. Minutes to New Milford CT where all shopping and services are provided. Minutes to Metro North.

Features

  • Town: New Milford
  • Amenities: Club House,Tennis Courts
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Lower Level
  • Style: Other
  • Year Built: 1938
  • Garage: 1-car Detached Garage
  • Heating: Baseboard
  • Cooling: None
  • Basement: Crawl Space,Full
  • Above Grade Approx. Sq. Feet: 2,746
  • Acreage: 0.66
  • Est. Taxes: $23,591
  • HOA Fee: $2,700 Annually
  • Lot Desc: Sloping Lot,Water View,Open Lot
  • Water Front: Yes
  • Elem. School: Hill & Plain
  • High School: New Milford
  • Appliances: Oven/Range,Range Hood,Refrigerator,Dishwasher,Washer,Electric Dryer
  • MLS#: 24012233
  • Days on Market: 32 days
  • Website: https://www.raveis.com
    /eprop/24012233/5echodrive_newmilford_ct?source=qrflyer
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Listing courtesy of Bain Real Estate

Room Information

Type Level
Bedroom 1 Main
Bedroom 2 Main
Eat-In Kitchen Main
Family Room Lower
Living Room Main
Office Upper
Primary BR Suite Upper
Rec/Play Room Lower

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Matthew DeMariaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 147983

845.290.3871

Matthew.DeMaria@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:

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For homebuyers and sellers, our Attorney Network:

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5 Echo Drive, New Milford (Birch Groves), CT, 06776

$2,095,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Matthew DeMaria

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 845.290.3871

Matthew.DeMaria@raveis.com

NMLS Mortgage Loan Originator ID 147983

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,676,000 $1,676,000 $1,676,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.851% 6.664%
Monthly Tax Payment $1,966 $1,966 $1,966
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,184 $10,871 $14,600
Total Monthly Payment $12,275 $12,962 $16,691

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.