14 Palestine Road, Newtown, CT, 06470 | $1,399,000

Welcome to 14 Palestine Road, a 21. 5 acre horse property offering privacy and stunning views! Horse property features include a riding arena, 2 large paddocks, a 3 stall barn with tack room, hay shed, fenced-in pen, and extensive wood fencing. The stunning 21. 5 acre property includes a large cleared field above the house of about 16 acres, as well as wooded land with trails for walking or riding horses with access to the Newtown Bridle Lands trail system. This property has the potential to be an equine boarding facility, and to offer farming activities, agro-tourism, and event hosting. The house features a gracious marble-floored entry opening to a living room with fireplace and dining room. The spacious kitchen features a center island, granite counters, and dining area with a bow window and gorgeous views. The step-down family room with a vaulted ceiling houses a second fireplace with floor to ceiling brick, and sliders lead to the deck. Down the hall is the office with an en-suite bath that could alternatively be used as a guest suite. Upstairs is the primary suite including a fireplace, walk-in closet, and bath with a tub and natural stone shower. Three more bedrooms and a full hall bath share this level, while a walk-up attic provides convenient storage. The partially finished lower level houses a rec room with sliders to the back yard and steps down to the the heated in-ground pool with saltwater and a new stamped concrete surround. A truly unique and special property!

Features

  • Permitted Use: Equine boarding, farming
  • Utilities: Electric,Phone Available,Cable
  • Garage: Attached Garage
  • Heating: Hot Air,Zoned
  • Cooling: Central Air
  • Zoning: R-2
  • Frontage: Municipal Street,Paved Road
  • Year Built: 1987
  • Approx Sq. Feet: 4,078
  • Acreage: 21.5
  • Est. Taxes: $13,976
  • Lot Desc: Cleared,Level Lot,Sloping Lot
  • MLS#: 170611613
  • Days on Market: 141 days
  • Website: https://www.raveis.com
    /raveis/170611613/14palestineroad_newtown_ct?source=qrflyer
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Laurie BergerVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12578

203.520.1925

Laurie.Berger@raveis.com

Our Executive Mortgage Banker:

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14 Palestine Road, Newtown, CT, 06470

$1,399,000

The Connie Widmann Team

Sales Associates

William Raveis Real Estate

Phone: 203.856.6491

Connie.Widmann@raveis.com

Laurie Berger

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.520.1925

Laurie.Berger@raveis.com

NMLS Mortgage Loan Originator ID 12578

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,119,200 $1,119,200 $1,119,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 7.125% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.228% 6.956%
Monthly Tax Payment $1,165 $1,165 $1,165
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,074 $7,540 $9,904
Total Monthly Payment $8,364 $8,830 $11,194

* 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.