154 Summit Street, Burlington, VT, 05401 | $2,950,000

Once you lay eyes on this remarkable property, its undeniable beauty, charm and distinctive personality will captivate you. Situated on one of Burlington's most sought-after and rarely available streets, this exceptional residence offers a rare opportunity to immerse yourself in a lifestyle of refined luxury minutes from downtown Burlington, UVM and the Medical Center. Crafted with meticulous attention to detail and high-end finishes, this stunning home offers an unparalleled blend of elegance and functionality with a curated style all of its own! Upon entering, you're greeted by a sense of sophistication that permeates throughout the home, from the grand two-story foyer with 20’ ceilings to the parlor at the front of the house which provides an intimate setting for relaxing, socializing or listening to music. The expansive great room seamlessly integrates the kitchen, dining, and living areas - perfect for entertaining. The kitchen is a chef’s dream with custom cabinetry, Imperial Danby marble countertops and top-of-the-line appliances. Upstairs, the primary suite features two custom walk-in closets and an ensuite with double sinks and a large tiled shower. Additional highlights include the oil finish french oak flooring throughout, mini split AC cooling, radiant heating on the main level, a two-car garage with storage loft above and the large back deck overlooking the private yard, surrounded by cedar fencing and landscaped with beautiful perennial gardens and birch trees.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 1 full / 2 three-quarter
  • Style: Colonial
  • Year Built: 2021
  • Garage: 2-car Garage
  • Heating: Baseboard,Heat Pump,Radiant Floor
  • Cooling: Mini Split
  • Basement: Concrete Floor,Full,Stairs - Interior,Storage Space,Interior Access
  • Approx Sq. Feet: 3,660
  • Acreage: 0.4
  • Est. Taxes: $41,175
  • Lot Desc: City Lot,Level,Open,Sidewalks
  • Elem. School: Assigned
  • Middle School: Edmunds Middle School
  • High School: Burlington High School
  • School District: Burlington School District
  • MLS#: 4997314
  • Website: https://www.raveis.com
    /eprop/4997314/154summitstreet_burlington_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 9/20/2024
Listing courtesy of KW Vermont   Phone: 802-654-8500
Listing Agent: Templeton Real Estate Group

William Raveis Family of Services

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Customer Service

888.699.8876

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

154 Summit Street, Burlington, VT, 05401

$2,950,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,360,000 $2,360,000 $2,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $3,431 $3,431 $3,431
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,669 $13,960 $19,440
Total Monthly Payment $16,225 $17,516 $22,996

* 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.