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40 Oak Island Road, Meredith, NH, 03253 | $2,300,000
Experience year-round enjoyment at this unique, stunning property on Lake Winnipesaukee, featuring a charming 3-bedroom home on site. Nestled on the coveted and private Oak Island, one of the rare islands with a bridge allowing year-round access and home to just four properties, this residence offers breathtaking views in every direction. Enjoy stunning sunrises to the East, the majestic White Mountains to the North, and picturesque sunsets to the West. Situated on a peninsula in a serene double cove, this exceptional property boasts a grandfathered deep-water dock, accommodating two boats and jet skis. Located in a peaceful cove. The current home has some mold issues that can be remedied, and the bathrooms need renovation. Once addressed, you’ll be able to enjoy a charming, single-level residence steps from the lake. If you envision building your dream home, the seller has approved plans for a stunning, three-story residence featuring four bathrooms, two office spaces, and floor-to-ceiling windows offering panoramic views of the lake. This 7, 200 sq. ft. home is designed for luxurious living, maximizing land and water. For snowmobile enthusiasts, the garage includes a rear opening, allowing direct access to the lake for winter fun. All permits and architectural plans are fully approved, and a builder is ready to begin construction on short notice. Open House Sat. Oct 7 btwn 11- 12: 30p. m.
Features
- Zoning: S
- Lot Desc: Country Setting,Deep Water Access,Lake Frontage,Lake View,Landscaped,Mountain View,Secluded,Ski Area,Waterfront,Wooded,Beach Access
- Water Front: Yes
- MLS#: 5016410
- Website: https://www.raveis.com
/prop/5016410/40oakislandroad_meredith_nh?source=qrflyer
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 11/22/2024Listing courtesy of Coldwell Banker Realty Bedford NH Phone: 603-471-0777
Listing Agent: Linda DiSilvestro
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
40 Oak Island Road, Meredith, NH, 03253
$2,300,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,840,000 | $1,840,000 | $1,840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,303 | $11,180 | $15,157 |
| Total Monthly Payment | $10,428 | $11,305 | $15,282 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB