00 Winchester Road, Norfolk, CT, 06058 | $5,000,000

An opportunity to own a Litchfield County estate property with over 1, 300' of direct waterfront on tranquil undeveloped 242 acre Winchester Lake minutes from historic 18th Century Winchester Center. There are 104 acres in Norfolk and 23 acres in Winchester, with no permanent conservation easements. This property has been improved to a high degree, with a graveled . 6 mile plus driveway, buried utility conduits , a bridge over a mountain stream, all leading to a beautiful building site overlooking Winchester Lake. The only thing remaining is to design and build the house of your dreams. This lake was dammed in the 1920's and is known for its dramatic setting, featuring rocky coves, abundant wildlife, excellent fishing, low density of houses, and excellent boating for small boats, canoes and kayaks. The house site is perfect to see the sunrise reflecting across the lake. As the lake is owned by the State of Conn, the majority of its lakefront is protected in its natural state and few, if any, docks are allowed. This land is surrounded by both private lands with conservation easements and State Forests and Parks such as Dennis Hill State Park, Paugnut and People's State Forest. Total acreage is 128. 24 ac, of which 104. 84 acs are in Norfolk and 23. 4 acs are in Winchester

Features

  • Zoning: RES
  • Frontage: Municipal Street
  • Lot Desc: Water View
  • Water Front: Yes
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • MLS#: 170430429
  • Days on Market: 983 days
  • Website: https://www.raveis.com
    /prop/170430429/00winchesterroad_norfolk_ct?source=qrflyer
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Listing courtesy of William Pitt Sotheby's Int'l

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NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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00 Winchester Road, Norfolk, CT, 06058

$5,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,000,000 $4,000,000 $4,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 7.125% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.531% 7.228% 7.041%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,955 $26,949 $35,674
Total Monthly Payment $25,080 $27,074 $35,799

* 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.