487 Stevens Place, Newbury, VT, 05051 | $1,700,000

This remarkable 12 bedroom property sits high on a hill with breath-taking views to the north and east of Mt. Washington and surrounding mountains. In the recent past, it has been enjoyed as a private residence, a bed and breakfast inn, and most recently a private school. Total privacy at the end of its own road and driveway, there are approx. 278 acres of mixed open and wooded surrounding hills with a well maintained network of trails for hiking, biking and cross-country skiing. There is a large private pond only steps from your front door, waiting to be stocked with trout or just the right size for swimming and ice activities in the winter. Use this as a large vacation getaway or year round home, or a bed and breakfast again, there is plenty of room for whatever dreams you may have. There is a separate, detached garage with a caretaker's apartment on the 2nd floor, plus other buildings for all your equipment needs. The location is so remote and private, yet only a 10 minute drive back to the Wells River exit on I-91. Please call or email for a private showing soon.

Features

  • Construction: Wood Frame,Clapboard Exterior,Wood Exterior
  • Zoning: R-2
  • Year Built: 1998
  • Approx Sq. Feet: 8,365
  • Acreage: 278
  • MLS#: 5044589
  • Website: https://www.raveis.com
    /prop/5044589/487stevensplace_newbury_vt?source=qrflyer
©2025 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 12/24/2025
Listing courtesy of Lang McLaughry Commercial Real Estate   Phone: 603-298-8904
Listing Agent: Chris Hoskin

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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487 Stevens Place, Newbury, VT, 05051

$1,700,000

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 $1,360,000 $1,360,000 $1,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 4.750% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.028% 5.858% 5.681%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,094 $7,937 $11,112
Total Monthly Payment $7,219 $8,062 $11,237

* 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.