Embrace the opportunity to own this beautifully designed, to-be-built home in the charming town of Monkton, nestled in the foothills of the Green Mountains and close to the shores of Lake Champlain. This thoughtfully planned 4-bedroom, 3. 5-bathroom home features a functional layout designed for modern living. Upon entering, you'll find a private office space ideal for work or study. The gourmet kitchen, bathed in natural light from ample windows, includes an inviting eat-in area and flows effortlessly into the open living space. Hardwood floors, a spacious island, and a walk-in pantry make this kitchen a centerpiece for gatherings and everyday life. From the main level, step onto the expansive deck, perfect for grilling, entertaining, or simply enjoying the serene surroundings. Upstairs, the luxurious primary suite impresses with a tray ceiling, an oversized walk-in closet, and a spa-like bathroom featuring a tiled walk-in shower and double vanities. Three additional bedrooms, all with generous closet space, share a well-appointed full bathroom, and a dedicated laundry room adds everyday convenience. The full walkout basement provides abundant storage and endless potential for future expansion. Conveniently located just 40 minutes from Burlington and 30 minutes from Middlebury, this home offers a perfect balance of tranquility and accessibility. Don’t miss this chance to make your dream home a reality from the ground up!
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,900
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 | $679,920 | $679,920 | $679,920 |
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 | $185 | $185 | $185 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,861 | $4,242 | $5,692 |
Total Monthly Payment | $4,138 | $4,519 | $5,969 |
* 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.