3227 Leadville Road, Newport Town, VT, 05857 | $599,000

Are you looking for that property like no other? Located on 158+ acres of mostly wooded land, directly on the Canadian/US border is this custom built home. The original house was built in 1998. The home features 912 sq ft of living space consisting of a main level kitchen/dining/living area and a full bath. The bedroom is upstairs and also features a loft with a custom yellow birch railing and and antique beams. The stone exterior gives it an old world Scottish feel. In 2008 the 2nd home was built on a concrete slab with a similar layout as the first, providing 704 sq ft of finished space to include a kitchen/dining/living area, 3/4 bath and a bedroom. This building is finished with a stucco exterior. The two houses are connected with a covered passage way w/ double barn doors. Both homes are heated with radiant heat via a propane Weil-McLain boiler. The original house has a propane 2 sided gas fireplace in the living area, the 2nd home has a mini split providing heat and a/c. The mechanicals are squared away in the full, walkout basement of the original house. A shared well provides water, each house has their own 100 amp electrical panel and a shared, permitted wastewater system. For additional storage, the oversized garage/barn provides plenty of space, including a heated workshop and a partially finished area above the garage. There are many trails throughout the land, a pond, great hunting, and a truly great place to escape. 10 min to the lake, 30 min to Jay Peak.

Features

  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full / 1 three-quarter
  • Style: Craftsman
  • Year Built: 1998
  • Garage: 2-car Garage
  • Heating: Heat Pump,Other,Radiant,Mini Split
  • Cooling: Mini Split
  • Basement: Climate Controlled,Concrete,Stairs - Interior,Unfinished,Walkout,Interior Access
  • Approx Sq. Feet: 1,616
  • Acreage: 158.5
  • Est. Taxes: $5,941
  • Lot Desc: Country Setting
  • Elem. School: Newport Town School
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • School District: North Country Supervisory Union
  • MLS#: 4968754
  • Website: https://www.raveis.com
    /prop/4968754/3227leadvilleroad_newporttown_vt?source=qrflyer
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Listing courtesy of Jim Campbell Real Estate   Phone: 802-334-3400
Listing Agent: Jenna Hamelin

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NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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3227 Leadville Road, Newport Town, VT, 05857

$599,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.893% 7.171% 6.623%
Monthly Tax Payment $495 $495 $495
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,228 $3,185 $4,141
Total Monthly Payment $3,815 $3,772 $4,728

* 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.