972 Farrar Road, Newport Town, VT, 05857 | $1,590,000

This exquisite 4, 000+ sq ft contemporary home boasts a striking natural stone exterior, blending with the surroundings of the 160+ country acres. Once inside you’ll be immersed in elegance, from the Australian cypress hardwood & slate floors to the crystal chandeliers hung from 10’ ceilings. Culinary enthusiasts will adore the gourmet kitchen with separate Miele full-size refrigerator & freezer, double wall ovens, an induction cooktop, & Silestone countertops. In the family room, custom-built bookcases & a wood-burning stone fireplace invite you to relax. The dedicated office offers a built-in desk system & bookshelves, while the sunroom’s floor-to-ceiling windows provide stunning views all year round. A true retreat, the primary bedroom suite features Brazilian cherry floors, a marble shower & jetted tub, an office & a large walk-in closet with built-ins. Two bedrooms with a center Jack & Jill bath are in the guest wing, along with the laundry room. Embrace sustainable living with grid-tied solar panels & 3 Tesla Powerwall batteries, alongside state-of-the-art geothermal heating & cooling. Exterior highlights include a heated walkway, a fully fenced organic garden & a quartzite patio where you can enjoy gorgeous sunset views over Jay Peak & the surrounding mountains. The land benefits from a conservation easement & a forest management plan. This property is a must-see for those who desire modern luxury, vibrancy & high-quality features in a tranquil setting.

Features

  • Rooms: 12
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Contemporary,Modern Architecture,Ranch,Single Level
  • Year Built: 2009
  • Garage: 2-car Garage
  • Heating: Forced Air,Geothermal,Heat Pump,Hot Air,Multi Zone,Radiant,Radiant Floor
  • Cooling: Central AC,Multi Zone
  • Basement: Full,Storage Space,Unfinished
  • Approx Sq. Feet: 4,357
  • Acreage: 160
  • Est. Taxes: $23,414
  • Lot Desc: Conserved Land,Country Setting,Landscaped,Mountain View,Open,Recreational,Secluded,Trail/Near Trail,View,Wooded
  • Elem. School: Newport Center Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • School District: North Country Supervisory Union
  • MLS#: 5006849
  • Website: https://www.raveis.com
    /eprop/5006849/972farrarroad_newporttown_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 9/19/2024
Listing courtesy of Century 21 Farm & Forest   Phone: 802-334-1200
Listing Agent: Nicholas Maclure

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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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Our Insurance Division:

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972 Farrar Road, Newport Town, VT, 05857

$1,590,000

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 $1,272,000 $1,272,000 $1,272,000
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 $1,951 $1,951 $1,951
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,828 $7,524 $10,478
Total Monthly Payment $8,904 $9,600 $12,554

* 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.