Large acreage and vast views. The cabin on Steadman Hill is a newly finished off-grid home on 477 acres. With breathtaking south-facing views of a large meadow and the Green Mtns, this retreat offers an inspiring setting to write the great American novel, create art, or simply enjoy the peacefulness in nature. The mature woodlands are filled with towering oak, maple and beech trees. The land is crisscrossed by historic stone walls, offering a glimpse into another time when sheep once grazed on the hillside. Trails abound. A path to a clearing at the summit of Steadman Hill at 2, 300’ elevation reveals dramatic views in all four directions. The post & beam cabin is designed with high-end finishes and modern amenities and powered by an 8 panel solar array. Inside, the kitchen has custom Wood Mode cabinets, a Sub-Zero under-counter fridge, and a Wolf cooktop. The two bathrooms have Waterworks faucets and towel racks. A woodstove is vented through the stone fireplace. The second floor includes three Murphy beds for a flexible use of space and cedar lined built-in storage chests under the windows. The lower level features a wood stove, built-in cabinets and shelves, and walk-out glass doors to a stone terrace under the wrap around deck. Also, above is a screened porch. Five brooks originate on the property, four feeding into Potash Brook, while the fifth flows into Chase Brook. 4-bedroom septic system. There is potential for internet access through Starlink. Showings begin 10/4.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
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 | $1,238 | $1,238 | $1,238 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,600 | $6,076 | $8,237 |
Total Monthly Payment | $6,963 | $7,439 | $9,600 |
* 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.