Pre Construction Deal! Standing seam roof and custom windows being installed today! Impressive Western Adirondack views from this 10 acre private setting. Enjoy year-round sunsets that will leave you in awe, with a stunning 180-degree panorama of western horizons. Located just minutes from Vergennes and an easy drive to Burlington and Middlebury, this property offers both seclusion and accessibility. This home, crafted by Timberworks Designs of Stowe, Vermont, is under construction and will be move-in ready by December 2024. Designed with modern living and energy efficiency in mind, the open floor plan features a great room with cathedral ceilings, custom gas fireplace, spacious kitchen and dining area-perfectly positioned to capture the views through oversized Marvin windows. The exposed wood framing and wood trim in the great room add warmth and character. The loft area above the great room is the perfect home office. The primary ensuite bedroom on the main floor has the same west views. The walk-out lower level boasts a wall of windows to the views, two bedrooms, bathroom and family room with fireplace. Stay comfortable year-round with radiant floor heating throughout both levels and heat pump mini-split air conditioning. The space above the attached garage is prepped for a potential apartment or guest quarters with separate utilities. This is a state-of-the-art Vermont home, designed to be low-maintenance-built for comfort and longevity. Bank appraisal 2024 at $3. 15M
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,999,000
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 | $2,399,200 | $2,399,200 | $2,399,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,811 | $15,165 | $20,246 |
Total Monthly Payment | $13,936 | $15,290 | $20,371 |
* 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.