0 Morningstar Drive, Warren, VT, 05674 | $385,000

If you've been searching for that perfect property close to the ski slopes - look no further. Nestled on a south facing slope of the foothills below Lincoln Peak, just 5min from Sugarbush Resort and 15min from Mad River Glen you will find this lovely ~ 14 acre parcel. Septic design available, electric on an adjoining lot and fiber optic internet available nearby. The property elevation starts at about 1400' and rises to 1600'. The photos were taken from within the canopy at the very bottom of the parcel and some at about 1550', so with some tree clearing you could definitely get some stellar views. Just beyond the upper boundary of the lot you'll find the Plum Line Trail which connects to an extensive network of hiking/mountain biking trails that span the hills and valleys of Warren and Waitsfield. Come build your mountain dream home minutes from great skiing, biking, fantastic swimming holes, weekly farmer's market, great restaurant options and shopping.

Features

  • Zoning: Residential
  • Lot Desc: Mountain View,Sloping,View,Walking Trails,Wooded
  • MLS#: 5016887
  • Website: https://www.raveis.com
    /prop/5016887/0morningstardrive_warren_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 Vermont Backcountry Real Estate   Phone: 802-431-7006
Listing Agent: William Brokhof

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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

0 Morningstar Drive, Warren, VT, 05674

$385,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $308,000 $308,000 $308,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,049 $2,047 $2,597
Total Monthly Payment $2,124 $2,122 $2,672

* 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.