12 Phelps Lane, South Hero, VT, 05486 | $949,000

This attractive three-bedroom upgraded home situated on 4. 01 beautifully landscaped acres boasts a post and beam barn, beautiful gardens, and an in-ground pool in the desirable town of South Hero. Home updates include solar panels, newly re-stained deck and siding, new asphalt driveway and much more. The open main living area features cherry wood floors and a well-equipped kitchen with stunning large Iranian jungle green granite island and Kitchen Aid gas range. Off the main living space, a spacious family room awaits with cathedral ceilings, slate tile floors, gas fireplace, and built-ins. The first-floor bathroom was remodeled from a half bath to a luxurious full bathroom featuring an oversized soaking tub and marble-tiled shower. The renovated basement provides additional living and gym space. Upstairs are three bedrooms all with new carpet, vaulted ceilings, and custom closets, with two bedrooms even offering lofts! Wake up to views of Lake Champlain from the primary bedroom. The backyard oasis includes a pool, deck with pergola, and screened-in porch surrounded by gorgeous landscaping. Relax in the recently installed 4-person Wi-Fi-controlled barrel sauna with a HUUM Drop heater. A 700sf barn awaits equestrian enthusiasts with three stalls, dressage court and a fenced paddock. With its own utilities, the barn can fit whatever needs you have. The property is minutes from Apple Island Marina and just 25 minutes to Burlington, VT. Don’t miss out–schedule a viewing today!

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Contemporary
  • Year Built: 1994
  • Garage: 2-car Garage
  • Heating: Radiant,Stove - Gas
  • Cooling: Other
  • Basement: Finished,Insulated,Stairs - Interior,Storage Space,Interior Access
  • Approx Sq. Feet: 2,414
  • Acreage: 4.01
  • Est. Taxes: $10,021
  • Lot Desc: Country Setting,Field/Pasture,Landscaped,Level
  • Elem. School: Folsom Comm Ctr
  • Middle School: Folsom Ed. and Community Ctr
  • High School: Choice
  • School District: Grand Isle School District
  • MLS#: 4989561
  • Website: https://www.raveis.com
    /prop/4989561/12phelpslane_southhero_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 5/21/2024
Listing courtesy of Coldwell Banker Islands Realty   Phone: 802-372-5777
Listing Agent: Evan Potvin

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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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Our Insurance Division:

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12 Phelps Lane, South Hero, VT, 05486

$949,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $759,200 $759,200 $759,200
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 $835 $835 $835
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,552 $4,924 $6,613
Total Monthly Payment $5,479 $5,851 $7,540

* 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.