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1 Penny Island, Meredith, NH, 03253 | $425,000
Incredible opportunity to own your own private island on Lake Winnipesaukee in Meredith, NH! Tucked away in privacy, as part the island cluster fondly known as "Aunt Dolly's Islands", this is a nostalgic, island oasis. Beautifully clear waters surround this property, with a total of 240 ft of water frontage. Currently there are two building structures on the island needing some repair: an old fishing cottage and an additional shed/outbuilding, as well as a 30' grandfathered dock. With the right care to bring these back to life, and with electricity already available on-site, this would make for a special family camp, to be part of a generational legacy. On the south side of the island, there are beautiful, panoramic views of the the Belknap Mountains. Blueberry bushes are plentiful! Enjoy this peaceful setting, all while being situated in a private, protected area, out of the way from lake traffic and weather, at the same time, being accessible to so many conveniences. Very easy access to Cattle Landing for town parking and docking, as well as Goodhue Marina for additional town parking, docking, and boat launch, and marina services and gas. Y-Landing in Meredith is also nearby for marina services and convenience store. Fireworks at Weirs Beach during the summer months are just a short boat ride away. And only a cove down, are the Bear Island docks for access to St. Johns-on-the-Lake services. Make this your Winnipesaukee adventure!
Features
- Zoning: S
- Lot Desc: Lake View,Level,Mountain View,View,Water View,Waterfront
- Water Front: Yes
- MLS#: 5004752
- Website: https://www.raveis.com
/prop/5004752/1pennyisland_meredith_nh?source=qrflyer
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 9/22/2024Listing courtesy of Maxfield Real Estate/Meredith Phone: 603-677-7068
Listing Agent: Becky Fuller
William Raveis Family of Services
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1 Penny Island, Meredith, NH, 03253
$425,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,066 | $2,066 | $2,687 |
| Total Monthly Payment | $2,141 | $2,141 | $2,762 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB