8 Pine Ave, Spencer, MA, 01562 | $1,185,000

An Extraordinary Waterfront Legacy Property!! For the first time in seven generations, this exceptional waterfront estate is available, offering an unmatched opportunity to own a piece of history. Rich in character and memories, this property has been the heart of family gatherings for over 97 years. With over 500 feet of pristine frontage, the estate encompasses an entire point, granting unparalleled privacy and breathtaking panoramic views. At the heart of the property is "The Lakehouse, " a 2, 700 + sq. ft. custom-built home meticulously crafted by a renowned local artisan. Designed with flexibility in mind, its versatile floor plan allows you to create your perfect layout. You will enjoy the spacious kitchen, dining room open to a fireplaced family room, den, 1st floor bdrm, full bath, primary bdrm with bath that could be used as in-law space, 2 large bdrms upstairs and another full bath plus a large bonus storage area. 2+ attached garage, 2 bay boat house, dock and beach.

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: In Basement, Electric Dryer Hookup
  • Style: Cape
  • Year Built: 1974
  • Garage: 4-car Attached
  • Basement: Full, Garage Access, Unfinished
  • Approx Sq. Feet: 2,728
  • Acreage: 0.8
  • Est. Taxes: $7,920
  • View: Scenic View(s)
  • Water Front: Yes
  • Appliances: Water Heater, Range, Dishwasher, Refrigerator
  • MLS#: 73307891
  • Website: https://www.raveis.com
    /eprop/73307891/8pineave_spencer_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Elaine Quigley courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate   Phone: 508-834-1500

Room Information

Type DescriptionDimensionsLevel
Bedroom 2 Closet, Flooring - Hardwood12.0 x 11.0First
Bedroom 3 Flooring - Hardwood, Balcony - Exterior13.0 x 15.0Second
Bedroom 4 Closet, Flooring - Hardwood13.0 x 13.0Second
Dining Room Flooring - Hardwood, Open Floorplan13.0 x 11.0First
Kitchen Flooring - Hardwood, Country Kitchen13.0 x 15.0First
Living Room Flooring - Hardwood, Deck - Exterior12.0 x 18.0First
Master Bedroom Flooring - Wall to Wall Carpet19.0 x 18.0First

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

8 Pine Ave, Spencer, MA, 01562

$1,185,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $948,000 $948,000 $948,000
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 $660 $660 $660
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,309 $5,760 $7,809
Total Monthly Payment $6,094 $6,545 $8,594

* 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.