1204 Bailey Road, Shrewsbury, VT, 05738 | $2,300,000

Welcome to Salt Ash Farm - a beautiful, quintessential Vermont landscape set on 97 idyllic acres. Included in this offering is a fractional share of a studio condominium at Okemo’s Jackson Gore - you can wake up slopeside on Okemo, generate rental income and enjoy the Jackson Gore Amenities. This picturesque property includes a colonial farmhouse, a renovated barn, a swimming pond, heated in-ground pool, rolling hills and stone walls. Surrounded by open meadows and pastures, it provides a serene country lifestyle reminiscent of days gone by. The residence is sprawling and comfortable. A vaulted great room overlooks pasture and distant mountains; a perfect space for entertaining guests and enjoying holiday traditions. The sitting room has a brick fireplace to warm you on a cold winter day. The large dining room off the kitchen can host many dining events. The country kitchen overlooks the backyard and has great light. All these are encompassed by pleasing views of the open landscape and mountain vistas. The pre-war barn (100x30) has recently been refurbished and is ready for your perfect barn party. The property offers opportunities for farming, hiking, cross-country skiing or swimming in the pool or pond, and more. The milk house has recently been converted into a tiny home, perfect for a caretaker or guests. Close to all area amenities including skiing and golf at Okemo Mountain Resort and the Coolidge State Forest. A true Vermont homestead in a bucolic setting.

Features

  • Rooms: 12
  • Bedrooms: 6
  • Baths: 2 full / 3 three-quarter
  • Style: Colonial,Farmhouse
  • Year Built: 1950
  • Garage: 2-car Garage
  • Heating: Baseboard,Multi Zone,Stove - 2,Stove - Wood
  • Cooling: Wall AC Units
  • Basement: Concrete Floor,Stairs - Interior,Storage Space,Unfinished
  • Approx Sq. Feet: 4,719
  • Acreage: 97
  • Est. Taxes: $14,017
  • Lot Desc: Agricultural,Country Setting,Farm,Farm - Dairy,Farm - Horse/Animal,Field/Pasture,Hilly,Landscaped,Mountain View,Pond,Pond Frontage,Rolling,Ski Area,Trail/Near Trail,View,Waterfront,Wooded
  • Water Front: Yes
  • Elem. School: Shrewsbury Mountain School
  • Middle School: Mill River Union High School
  • High School: Mill River Union High School
  • School District: Mill RIver USD 40
  • MLS#: 5004140
  • Website: https://www.raveis.com
    /eprop/5004140/1204baileyroad_shrewsbury_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 11/5/2024
Listing courtesy of Four Seasons Sotheby's Int'l Realty   Phone: 802-228-4537
Listing Agent: Teresa DiNapoli

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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

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1204 Bailey Road, Shrewsbury, VT, 05738

$2,300,000

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 $1,840,000 $1,840,000 $1,840,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $1,168 $1,168 $1,168
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,592 $11,630 $15,527
Total Monthly Payment $11,885 $12,923 $16,820

* 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.