***HIGHEST AND BEST IS DUE MONDAY 10-28 AT 5 PM Welcome to 7 Rose Hill Rd, Preston, CT! This historic home, built in 1830 by Sir Isaac Gallup (see historical attachment), is a hidden treasure tucked away down a long driveway. With an impressive 3, 100 square feet of living space, this estate features a gunite pool, gazebo, and greenhouse, making it an ideal tranquil retreat in a prime location. Just a stone's throw from Preston Community Park, only 10 minutes from Foxwoods, and 20 minutes from Mystic, this property perfectly balances serenity and convenience. Set on 1. 28 acres, the home offers 4 to 5 bedrooms and 1. 5 bathrooms, along with a one-car garage, providing ample room to create your dream living space. The outdoor amenities are remarkable, featuring a spacious fenced-in in-ground pool with a hot tub, an oversized greenhouse with a ventilated roof and water supply, a charming gazebo, and five fireplaces! As you step inside, you are greeted by a grand staircase and beautiful hardwood floors throughout. The kitchen is a chef's dream, complete with a large farmhouse sink, stainless steel appliances, and an elegant dining area centered around the home's most striking fireplace. The all-black cooking fireplace includes a built-in pizza oven, wood storage, and original cooking cranes for hanging cast iron pots. Adjacent to the dining area, a cozy sunken sitting room or office space offers lovely views of the yard. Towards the back of the home, you'll find a half bathroom, garage entrance, and a spacious utility/laundry room that leads out to the pool-this area has the potential for a bathroom addition as well. Around the corner, you'll discover the butler's quarters, featuring a private staircase leading to the second floor. Upstairs, there are four additional bedrooms, a spacious bathroom, and a walk-up attic with incredible potential! The basement provides ample storage, a workshop area, and what appears to have once been a built-in bar. Outside, the property includes a chicken coop, fire pits, and plenty of space for a large garden or livestock. As you enter the driveway, you'll notice an abandoned building owned by the State. This property benefits from low taxes and is in need of updates and repairs, which is reflected in the asking price. Additionally, the property is surrounded by land owned by the State of Connecticut, specifically the Rose Hill Wildlife Area, offering abundant nature and the chance to observe over 20 bird species and local wildlife from your windows. You'll also find chestnut, apple, and black walnut trees on the property. The roof is brand new, and all kitchen appliances are less than a year old, including a Frigidaire Gallery refrigerator, Maytag dishwasher, and Frigidaire Gallery induction stove top oven. The septic was replaced in 2000. Please note that the sale is contingent upon the sellers finding suitable housing, as they are actively searching. This is an AS IS sale, so please submit an As Is Rider with your offers. **EVERSOURCE HAS A RIGHT OF WAY DOWN THE DRIVEWAY INTO THE WOODS TO THE FRONT RIGHT OF THE HOUSE***
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Bedroom 3 | Upper |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Upper |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
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 | $440 | $440 | $440 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,692 |
Total Monthly Payment | $2,639 | $2,637 | $3,207 |
* 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.