Step into a world of timeless charm and endless possibilities with this exclusive lakefront estate. Nestled on a serene 1. 23-acre lot overlooking the breathtaking waters of Marshall Lake, this home offers unparalleled privacy and a rare opportunity to create your own lakeside retreat. Imagine waking up each day to panoramic views of the sparkling ski lake, providing the perfect place to fish, relax, or store your water toys—all with no HOA restrictions. The original dock pillions remain for easier remove and replace if an owner would like to restore the original dock.
Boasting an impressive 30, 000+ gallon private pool, this property is designed for both intimate gatherings and grand entertaining, with expansive outdoor spaces and picturesque views as your backdrop. Inside, the huge kitchen adjoins the dining room, where stunning views of the lake enhance the home’s natural beauty and provide a seamless flow for daily living and hosting.
Built with enduring strength and thoughtful details, this home showcases solid block construction for lasting peace of mind. The three charming wood-burning fireplaces provide warmth and character, creating cozy focal points throughout the home. On the lower level, you’ll find solid concrete beams that span the room—an impressive feature that speaks to the original owner’s commitment to structural integrity. This unique foundation offers a sturdy canvas for those looking to modernize while maintaining the home’s authentic charm.
While updated with newer appliances, fresh paint inside and out, and the roof was replaced by previous owners, this home’s potential shines through. It's a rare find, priced at under $200 per square foot—far below its neighbors, many of which lack lake access and sit on smaller lots. Whether you’re looking to enjoy the home as is or make your own luxurious upgrades, this property is a remarkable investment that combines classic elegance with the opportunity to create your dream home.
With only three neighboring homes on this quiet no outlet street, you’ll enjoy the perfect blend of exclusivity and tranquility in a private retreat that’s ready to welcome you home.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $588,000 | $588,000 | $588,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $697 | $697 | $697 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,011 | $3,908 | $5,002 |
Total Monthly Payment | $4,800 | $4,697 | $5,791 |
* 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.