Presented byPam Roland - Jackie Davis & Team |
Shelburne Bay Hideaway combines privacy and a state-of-the-art lakefront home. Originally built in 1997 and completely renovated by New School Builders in 2023, this property is tucked away on a west-facing 5. 5 acres located on Shelburne Bay, with 290 feet of level direct access lake frontage and a private small shale stone beach and dock. In 2021, New School Builders initiated deconstruction of all of the original structure and began transforming this home into one that combines the form and function of an architecturally designed home with all current building energy and efficiency standards. Very little of the original house remains. Layout, insulation, windows, flooring, heating and cooling as well as a new 2-bedroom apartment (ADU) that features its own kitchen, living, and dining room area. Enjoy sunsets and sailboat races from the lakeside deck of the 6-bedroom, 6-bath residence perfectly sited to take in the expansive views over Lake Champlain. It boasts an open floor plan with awe-inspiring lake views through the floor-to-ceiling windows as you enter the 2-story Great Room anchored by a Panton stone double-sided full-height wood-burning fireplace. The chef's kitchen features new custom cabinetry built by local craftsman with countertops of local black walnut and granite. The adjacent mudroom has direct access to the 3-car heated attached garage. Engineered white oak flooring is found throughout the main living areas with radiant heat. Close to shops and services.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,995,000
Sales Associate
William Raveis Real Estate
Phone: 203.258.3788
Pam.Roland@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.664% |
Monthly Tax Payment | $3,085 | $3,085 | $3,085 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,419 | $20,995 | $27,841 |
Total Monthly Payment | $22,629 | $24,205 | $31,051 |
* 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.