143 Jen Barry Lane, #4, Colchester, VT, 05446 | $5,250,000

Ultimate luxury direct waterfront living! A rare opportunity to own new construction on Lake Champlain. This is the last beachfront lot in the peaceful enclave of Bay Manor Estates. A new Shover Construction custom home with designer finishes offers 119’ of owned sandy beach! All permits are in hand for up to 5 bedrooms; building can begin in 2024. Our elevated 2-story Modern Farmhouse design features 4 spacious bedrooms, 4 baths, with an open main living area encompassing a generous kitchen and extensive views of the lake. Make a stylish statement throughout based on stone, cabinet, flooring, paint, and trim choices. Add our exceptional design concierge to complete a dream team to make the process even smoother! The dining and great rooms feature a 25 ft cathedral with a 2-story stone fireplace centerpiece. The impressive 1st floor primary suite also claims panoramic water vistas and 10’ ceilings. The 2nd floor consists of 3 bedrooms, 9' ceilings, and a 766 sq ft flexible room over the 3-car garage. The basement offers 1, 010 sq ft of space to customize. Access the lakeside covered porch from the first floor with unspoiled views, sunsets, perfect for alfresco dining or simply a peaceful evening. Located on a quiet cul-de-sac with 14 acres of common land and proximity to trails, the BTV bike path, colleges, and the UVM Medical Center. A blank canvas ready to paint; the beauty of building a new home fully customizable to a new owner's adoration vs renovating someone else's!

Features

  • Amenities: Master Insurance,Common Acreage
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 2 three-quarter / 1 half
  • Style: Farmhouse,Modern Architecture
  • Garage: 3-car Garage
  • Heating: Hot Air
  • Cooling: Central AC
  • Basement: Concrete Floor,Frost Wall,Full,Stairs - Interior,Storage Space,Unfinished
  • Approx Sq. Feet: 4,878
  • Acreage: 1.22
  • Lot Desc: Beach Access,Lake Access,Lake Frontage,Lake View,Lakes
  • Elem. School: Malletts Bay Elementary School
  • Middle School: Colchester Middle School
  • High School: Colchester High School
  • School District: Colchester School District
  • MLS#: 5015162
  • Website: https://www.raveis.com
    /eprop/5015162/143jenbarrylane_colchester_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 11/5/2024
Listing courtesy of KW Vermont   Phone: 802-654-8500
Listing Agent: Robin Shover

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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143 Jen Barry Lane, #4, Colchester, VT, 05446

$5,250,000

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 $4,200,000 $4,200,000 $4,200,000
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 $24,178 $26,547 $35,442
Total Monthly Payment $24,303 $26,672 $35,567

* 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.