|
**PRICE IMPROVEMENT: ** A significant $300, 000 price adjustment** presents an exceptional opportunity to own this remarkable 10-acre lakefront property. Originally considered for potential subdivision, further engineering and zoning reviews have confirmed the property’s ideal use as a private 10-acre lakefront estate, prompting this significant price adjustment. Owned by a respected local artist, **The Artist’s Cabin** is a reflection of creativity and craftsmanship at every turn. Just 50 miles from Manhattan, this extraordinary country escape captures the essence of rustic luxury. Set on ten acres of lakefront beauty, the handcrafted log cabin blends natural textures with refined design, with thoughtful details throughout—from the stone fireplace anchoring the great room to the primary bedroom’s hand-finished metal ceiling. Just steps from the main cabin, the converted barn is a stunning showcase of artisanal craftsmanship and inspired design, featuring soaring exposed beams, rich natural textures, a custom-built bar, full bath, and an artist’s loft with balcony overlooking the lake—ideal for entertaining, relaxing, or creative pursuits. The property also includes a four-car heated garage with a substantial loft measuring approximately 22'7" x 54'1" offering exceptional flexibility for a studio, office, gym, yoga space, or additional creative workspace. Copper roofing on the main buildings adds a distinctive architectural element, valued for both its beauty and exceptional longevity. A separate outbuilding with water and electricity offers flexibility as a tack room, workshop, or garden shed. Surrounded by preserved farmland, yet just five minutes from downtown Warwick—with its boutique shops, farm-to-table restaurants, wineries, apple orchards, golf, and seasonal festivals—and less than one mile from Mount Peter Ski Area, this exceptional retreat offers a rare blend of seclusion and accessibility. Truly one of Warwick’s most captivating private retreats.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,252 | $1,252 | $1,252 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,626 | $7,195 | $9,965 |
| Total Monthly Payment | $8,003 | $8,572 | $11,342 |
* 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.