481 Parker Hill Road, Springfield, VT, 05156 | $985,000

Parker Hill Farm is a special opportunity to purchase a beautifully restored homestead and operating “glamp” ground on 10 pastoral acres in picturesque southeastern, Vermont. The house is a circa 1791 brick federal, built into a side hill, with exposed beams and wide planked floors, a charming kitchen, 4 bedrooms and 2. 5 bathrooms, 2nd-level laundry and attached 2-car garage. The glamp ground, fully permitted including an Act 250 permit, includes 5 luxury platform tents, the furnishings, a bath house with showers and toilets, and an outdoor kitchen overlooking a spring-fed trout pond. Three of the tents have bathrooms with running water and showers, the other 2 have incinerator toilets and bathroom sinks with hot and cold running water. The glampground has its own entryway, buried power, well and septic as well as space to pitch a large event tent. Between the home and campground is a 30ft x 80ft post & beam barn and a 40ft by 44ft 2-story building with a 1, 000 sq ft workshop, storefront/office, camp laundry, parking bay and upstairs studio with 800 sq ft of finished space and a 3-zone mini split/heat pump to keep you warm and cool. South of the barn are several fenced-in pastures, a run-in shed and chicken coop. If you have been searching for a restored homestead in a beautiful area with a seasonal side-gig that takes full advantage of Vermont as a destination brand and lifestyle, the table is set at Parker Hill Farm.

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 1 full / 1 three-quarter / 1 half
  • Style: Colonial
  • Year Built: 1791
  • Garage: 2-car Garage
  • Heating: Forced Air,Stove - Pellet,Mini Split
  • Cooling: Mini Split
  • Basement: Walkout
  • Approx Sq. Feet: 2,649
  • Acreage: 10
  • Est. Taxes: $14,967
  • Lot Desc: Country Setting,Field/Pasture,Pond
  • MLS#: 5018014
  • Website: https://www.raveis.com
    /eprop/5018014/481parkerhillroad_springfield_vt?source=qrflyer
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Listing courtesy of LandVest, Inc/Woodstock   Phone: 802-457-4977
Listing Agent: Christopher Lang

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NMLS Mortgage Loan Originator ID 793093

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481 Parker Hill Road, Springfield, VT, 05156

$985,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $788,000 $788,000 $788,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.004% 6.738% 6.307%
Monthly Tax Payment $1,247 $1,247 $1,247
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,599 $5,046 $6,703
Total Monthly Payment $5,938 $6,385 $8,042

* 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.