1573 US Route 5 South, Barnet, VT, 05821 | $489,950

This Historic Estate, formerly The Old Homestead Inn, is situated on 24+ wooded acres the heart of Barnet Village. Estates of this size are not common in the village, so this is a very rare opportunity to obtain a prime piece of Barnet Village. This home would be an ideal vacation property, family home or retreat for family and friends. Boasting 6+ bedrooms, 5+ bathrooms, a beautifully landscaped lot with a large expanse of woods, a deck overlooking the back greenspace and four porches, this makes for the ideal opportunity to enjoy all that Vermont has to offer. There is room to expand into the attic space as well as the lower level of the former barn that is prepped for radiant heat and awaiting the new owner's finishing touches. On the main floor you will find the laundry facilities, a large office, two kitchens, a bedroom with bathroom, a sunroom, living room and so much more. The second floor houses several more bedrooms, bathrooms and porches elevated to capture the expansive rear greenspace. The attic level has one bedroom and could easily house a large great-room. The property is well situated for solar, and the grounds would be ideal for equestrian activities, gardening or a gentleman's farm. Conveniently located less than 15 minutes from St. Johnsbury, and the world renowned St. Johnsbury Academy. An hour's drive will bring you to Dartmouth College or hospital, the Canadian border, Montpelier, many ski, cycling, and hiking trails, countless lakes and waterways.

Features

  • Rooms: 22
  • Bedrooms: 6
  • Baths: 1 full / 4 three-quarter
  • Style: Federal
  • Year Built: 1850
  • Heating: Alternative Heat Stove,Baseboard
  • Cooling: None
  • Basement: Full,Stairs - Interior,Storage Space,Unfinished,Walkout
  • Approx Sq. Feet: 2,960
  • Acreage: 24.35
  • Est. Taxes: $5,681
  • Lot Desc: Country Setting,Landscaped,Level,Wooded
  • Elem. School: Barnet School
  • Middle School: Choice
  • High School: Choice
  • School District: Barnet School District
  • MLS#: 4968396
  • Website: https://www.raveis.com
    /prop/4968396/1573usroute5south_barnet_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/10/2024
Listing courtesy of RE/Max Heritage   Phone: 802-748-7808
Listing Agent: Mathew Ghafoori

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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1573 US Route 5 South, Barnet, VT, 05821

$489,950

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $391,960 $391,960 $391,960
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.623%
Monthly Tax Payment $473 $473 $473
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,674 $2,641 $3,388
Total Monthly Payment $3,222 $3,189 $3,936

* 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.