31-4 Baker Lane, Lyme, CT, 06371 | $1,175,000

Luxurious mini estate tucked away and surrounded by nature. Custom built Cape with contemporary flair features an open floor plan situated on 11. 48 acres backs up to state forest. The grand foyer leads you to the formal living room with fireplace. Paladin window and 16 foot ceilings in the formal dining room. First floor family room, den or office with gas fireplace, stained glass windows and ceiling fan. Chef's kitchen boasts custom cabinets, granite counters, huge island with built in storage, double ovens, Sub-zero refrigerator, Viking gas range, Bose dishwasher and wine cooler. L-shaped kitchen- open to bright, warm and inviting sun room with large area for informal dining, seating area and wall of glass. French doors leads you to stone patio. Relax and take a dip in the heated swimming pool. 1st Floor Primary bedrooms features a full bath and french doors to patio/pool area. 2nd floor Primary bedroom with California walk-in closet. Also, on 2nd level is the bonus room, limitless potential-this could be a game room, studio, etc. Four car garage with plenty of storage and space for workshop. Greenhouse has central air, heat and irrigation. Finished lower level makes a great rec room with over 1000 sqft of livable space. Over 1000 sqft of unfinished space over the garage. Sonos indoor/outdoor audio systems. New pool heater, pool liner, driveway, irrigation system, AC Units.

Features

  • Rooms: 11
  • Bedrooms: 4
  • Baths: 3 full
  • Style: Contemporary
  • Year Built: 2003
  • Garage: 4-car Attached Garage
  • Heating: Hot Air
  • Cooling: Central Air
  • Basement: Full With Hatchway
  • Above Grade Approx. Sq. Feet: 3,737
  • Below Grade Approx. Sq. Feet: 1,000
  • Acreage: 11.14
  • Est. Taxes: $9,752
  • Lot Desc: Rear Lot,Interior Lot,Cleared,Secluded,Professionally Landscaped
  • Elem. School: Per Board of Ed
  • High School: Lyme-Old Lyme
  • Pool: In Ground Pool,Heated
  • Appliances: Gas Range,Oven/Range,Refrigerator,Dishwasher,Wine Chiller
  • MLS#: 170548876
  • Days on Market: 466 days
  • Website: https://www.raveis.com
    /eprop/170548876/314bakerlane_lyme_ct?source=qrflyer
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Room Information

Type DescriptionDimensionsLevel
Bedroom 1 13X13Main
Eat-In Kitchen Granite Counters,Island,Sliders24X14Main
Family Room Fireplace20X20Main
Formal Dining Room 12X11Main
Living Room Fireplace22X16Main
Primary BR Suite Full Bath,Walk-In Closet,Whirlpool TubMain
Primary BR Suite French Doors,Full Bath,Vaulted Ceiling16X16Upper
Study 16X16Main
Sun Room 16X11Main

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

John TurcoLuxury Properties Specialist

239.210.8888

John.Turco@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
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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

Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@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

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

31-4 Baker Lane, Lyme, CT, 06371

$1,175,000

John Turco

Luxury Properties Specialist

William Raveis Real Estate

Phone: 239.210.8888

John.Turco@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $940,000 $940,000 $940,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.377% 6.851% 6.664%
Monthly Tax Payment $813 $813 $813
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,636 $6,097 $8,188
Total Monthly Payment $6,574 $7,035 $9,126

* 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.