Newly built in 2021, this beautifully designed and constructed home is situated on 7 park-like acres with 360-degree views of Mount Mansfield, and the Worcester Range. Ideally located on picturesque Covered Bridge Road this hilltop site achieves the ultimate in privacy yet is only 4 minutes from Stowe village. The expansive, open, and airy layout was envisioned with large gatherings in mind. The great room features a large stone fireplace, and a spacious, modern kitchen. Numerous auxiliary living spaces are finely crafted with large windows and lovely wood details, adding to the charm and elegance of the home. The well-appointed second floor boasts 4 spacious, ensuite bedrooms, each with mountain views. The walk-out lower level is an entertainer's dream with two-family rooms, a built-in bar and game room creating the perfect venue for guests to spread out and enjoy time together. This level also includes a bunk room and office spaces, so you can have full, fiber optic connectivity when working remotely. A large, attached 3-car garage, has room for several vehicles and includes a pet grooming area. The rolling grounds boast a large swimming pond, lawns, gardens, fields, a lovely walking path, even a 9-hole disc golf course. Additionally, the property includes a detached barn which could be easily converted into 2-stall equestrian barn. The property is permitted to add a 2-bedroom guest house, providing design flexibility and optionality to achieve true estate level living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,950,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $3,960,000 | $3,960,000 | $3,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $4,216 | $4,216 | $4,216 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,484 | $24,705 | $33,150 |
Total Monthly Payment | $26,825 | $29,046 | $37,491 |
* 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.