Hillside Road is a 123. 4-acre hilltop parcel complete with architect-designed renderings for a ready-to-build, sleek and contemporary 4, 500 square-foot home. Located less than 10 minutes from Sugarbush Resort and the year-round outdoor and recreational playground that is Vermont’s Mad River Valley, the property offers a special opportunity for privacy, acreage, and a sophisticated, new-build design in one of the state’s most desirable locales. Carefully sited and fully permitted overlooking the 45-acre Blueberry Lake recreational impoundment, the property was designed by Boston-based, AIA award-winning architect Tom Murdough. In keeping with his firm’s focus on place, site, use, and the relationship between landscape and architecture, Hillside Road’s renderings blend seamlessly surrounded on three sides by the Green Mountain National Forest and abuts Blueberry Lake mountain biking trails. Incorporating high-end natural and local materials, the home gives a nod to mid-century modernist design, making the most of natural daylighting and other energy-efficient features. Situated above 2, 020’ in elevation, Hillside Road looks out over Blueberry Lake, with its 11 acres of skiing, skating, and snowshoeing trails just out the back door. As part of the unique Mad River Valley community, the property benefits from the region’s unparalleled natural beauty, endless recreation offerings, and vibrant arts and culinary scenes. Sugarbush Ski resort and Mad River Glen Ski areas are closeby.
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Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
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 | $716,000 | $716,000 | $716,000 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,122 | $4,526 | $6,042 |
Total Monthly Payment | $4,214 | $4,618 | $6,134 |
* 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.