1953 Lapland Road, Waterville, VT, 05492 | $370,000

Escape to your 30-acre homestead with 2 surveyed lots in the heart of the countryside. Picturesque property boasts a cozy 2-story cottage nestled on pristine land, a short 15-minute drive to Smugglers Notch & 30 miles to Stowe Resort. Rustic cabin with wood stove heat features a large 2nd floor bedroom, providing a private getaway amidst the surrounding natural beauty. With electrical already in place, along with insulation, you'll be comfortable all year 'round. Garage has wood stove and electric. Large building site has an 450' Artisan well. The property's wooded terrain is intersected by tranquil trout streams and beaver ponds. For outdoor enthusiasts, this property is a dream come true, with space for gardens and farming, as well as hunting grounds. History of organic gardening here, including perennial flowers and fruit trees/bushes. Level pasture allows raising of bees, poultry, sheep, goats, etc. ATV & snowmobile trails nearby. Hike & kayak the local rivers everyday. No shortage of recreational activities! Breathtaking views of Mount Mansfield! Spend your days cultivating & exploring the unlogged wooded wonderland; dotted with evergreens, maples, & birch. With no zoning restrictions, the possibilities are limitless; whether you dream of creating a tiny home community, campground, or nature sanctuary! Located 10 miles from VT State University Johnson, and 30 minutes from Morrisville or St. Albans City, this location offers tranquility & accessibility.

Features

  • Rooms: 2
  • Bedrooms: 1
  • Style: Cabin,Cottage/Camp
  • Year Built: 2012
  • Garage: 1-car Garage
  • Heating: Stove - Wood
  • Cooling: None
  • Approx Sq. Feet: 600
  • Acreage: 30.1
  • Est. Taxes: $139,100
  • Lot Desc: Agricultural,Country Setting,Farm,Field/Pasture,Recreational,Ski Area,Stream
  • Elem. School: Waterville Elementary School
  • Middle School: Lamoille Middle School
  • High School: Peoples Academy
  • MLS#: 4984669
  • Website: https://www.raveis.com
    /prop/4984669/1953laplandroad_waterville_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 5/13/2024
Listing courtesy of Sherwood Real Estate   Phone: 802-782-0821
Listing Agent: Tami Lantz

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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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1953 Lapland Road, Waterville, VT, 05492

$370,000

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 $296,000 $296,000 $296,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.538%
Monthly Tax Payment $11,592 $11,592 $11,592
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,019 $1,994 $2,538
Total Monthly Payment $13,686 $13,661 $14,205

* 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.