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Presented by
Linda Edelwich - Linda Edelwich Team |
Nearly 75 acres in the hills above Lake Waramaug accessible via scenic country roads. An existing 3 bedroom, 2 bath ranch is ideal for renovation or transition to a guest house with a terraced garden, flat lawn area, and pergola for outdoor dining. The size of the lot combined with road frontage, provides potential to build a substantial main house on the hill with potential for stunning views. A large meadow mowed in alternate years is filled with native milkweed, soldago, and other wildflowers that butterflies love. Leave as is for the local fauna or convert to hay or pasture for livestock. An open field is ideal for a large vegetable garden or fruit orchard. The Wooded portion of this lot has an established trail that loops in a large circle past a vernal pond. On this trail you will find mature oak, maple, hickory, and birch trees. In the early spring the understory explodes in blooms from Mountain Laurel. The back portion of woods is blanketed in ferns, wild azalea, and other native plants and is bordered by Above All State Park. This property provides privacy with potential for long views of the surrounding mountains and possibly a glimpse of Lake Waramaug. Located in the town of Warren. Close to New Preston, Washington Depot, and Kent. Buyer to due diligence to explore potential to renovate, build, open views, subdivide, conserve. Additional parcels available.
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Bedroom 2 | Main |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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Sales Vice President
William Raveis Real Estate
Phone: 860.818.3610
Linda.Edelwich@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,399,999 | $2,399,999 | $2,399,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | $321 | $321 | $321 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,701 | $14,006 | $19,610 |
| Total Monthly Payment | $13,147 | $14,452 | $20,056 |
* 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.