This shovel-ready building lot comes complete with architectural plans approved by the WMO Board of Directors, access to community water, community sewer, underground electric, high-speed internet and cable right at the road, and sweeping mountain views with clearing. Situated in the private community of Village East, which is part of the prestigious Windham Mountain Club, this location is exclusive and serene. The property features 130' of frontage and is approximately 170' deep, providing ample space for your vision. You have several options for development: purchase the land alone, buy it with approved house plans for an 8, 000 sq. ft. , 6-bedroom, 6. 5-bathroom luxury home, or acquire the land along with construction services from the owner, a professional home builder, based on the approved plans. This prime location not only offers immediate value but also significant future appreciation due to the Windham Mountain Club's plans for expansion on the 400 acres that they recently acquired just steps from this property. This property is ideal for home builders looking for a ready-to-build opportunity, luxury home buyers seeking a unique site for their dream vacation home, ski enthusiasts and snowboarders desiring proximity to the slopes, as well as property investors aiming to capitalize on Windham Mountain Club's expansion. Call us today and explore the potential of making your dream home a reality at Windham Mountain's Village East.
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Our Executive Mortgage Banker:
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$425,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,319 | $2,260 | $2,867 |
Total Monthly Payment | $2,394 | $2,335 | $2,942 |
* 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.