2059 Upper Cold River Road, Shrewsbury, VT, 05738 | $1,450,000

Spectacular Shrewsbury home and acreage at the edge of state forest, on the back side of Killington. The beautiful land and trails on these 197+/- acres has been used for country skiing and horseback riding. Horse barn with 4 stalls with hay loft above. Riding ring marked by old fencing. 12+/- acres of mostly level pasture. Imagine the trails you could develop on 197+/- acres! Enjoy exploring the pond and three streams that run through the land into Dear Brook. This solid home is expansive and has plenty of large spaces to gather and get cozy with family and friends. The kitchen has a breakfast area and an all-season sunroom, and also opens to a large dining area. The living area and library are stately, with hand-selected barn beams and grand fireplaces. The laundry area/mud room is on the main floor, off of the garage. There are four large bedrooms on the second floor: one with a fireplace, two are ensuite, and two share a bathroom. The exterior patio and the peaceful, park-like feel of the property will beg you to sit and relax or hike and explore. 14 strains of daffodils and 40 blueberry bushes! Views of Okemo, Shrewsbury Peak, and Little Killington mountains. Most views are winter from the house, but probably more from the higher part of the property. Near Killington and Okemo skiing. Only 6 miles to Rutland and convenient to other services and the airport. *The property is in Current Use and approx 15+/- acres are excluded.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Style: Colonial
  • Year Built: 1973
  • Garage: 3-car Garage
  • Heating: Baseboard
  • Cooling: None
  • Basement: Finished,Interior Access,Exterior Access
  • Approx Sq. Feet: 5,400
  • Acreage: 197
  • Est. Taxes: $10,366
  • Lot Desc: Conserved Land,Country Setting,Field/Pasture,Mountain View,Pond,Stream,Wooded
  • Elem. School: Choice
  • Middle School: Mill River Union High School
  • High School: Mill River Union High School
  • School District: Shrewsbury School District
  • MLS#: 4965995
  • Website: https://www.raveis.com
    /eprop/4965995/2059uppercoldriverroad_shrewsbury_vt?source=qrflyer
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Listing courtesy of eXp Realty   Phone: 833-388-2480
Listing Agent: Sue Starr-Adams

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NMLS Mortgage Loan Originator ID 793093

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2059 Upper Cold River Road, Shrewsbury, VT, 05738

$1,450,000

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 $1,160,000 $1,160,000 $1,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.481% 6.898% 6.915%
Monthly Tax Payment $864 $864 $864
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,142 $7,620 $10,265
Total Monthly Payment $8,131 $8,609 $11,254

* 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.