0 Dogwood Springs Road, #Lot 3, Stowe, VT, 05672 | $600,000

The Dogwood Springs community is built around a Community-Based Land Trust, preserving 26 acres of undeveloped Commons for the owners of the eight homesites. This approach to balancing private ownership with shared conservation responsibility is rooted in historic land use traditions dating back to Colonial times. Studies show that residences near protected habitat areas experience an increase in home prices, confirming that the nearby conservation is a valued amenity. By choosing this homesite, you join a tradition that helps maintain property values and preserves the character of Stowe. • Premium Buildable Lot: Permitted for a 5-bedroom house. • Stunning Views: West-facing to Mt. Mansfield and Stowe Mountain Resort trails. • Prime Location: Excellent privacy and proximity to Stowe Village and the Resort. • Ready for Development: Quality private road and all utilities are buried. • Exclusive Conservation Amenity: Located in Dogwood Springs, which features a 26-acre undeveloped Commons used and stewarded by the eight homesite owners. • Proven Value: Community conservation efforts help maintain property values and limit unwanted development. Reference attached Common's History by clicking the D icon.

Features

  • Zoning: RR2
  • Lot Desc: Abuts Conservation,In Town,Near Paths,Near Shopping,Near Skiing,Country Setting,Deed Restricted,Mountain View,Recreational,Secluded,Ski Area,Trail/Near Trail,View,Walking Trails,Near School(s)
  • Elem. School: Stowe Elementary School
  • Middle School: Stowe Middle/High School
  • High School: Stowe Middle/High School
  • School District: Lamoille South
  • MLS#: 5066606
  • Website: https://www.raveis.com
    /prop/5066606/0dogwoodspringsroad_stowe_vt?source=qrflyer
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Listing courtesy of Pall Spera Company Realtors-Stowe Village   Phone: 802-253-1806
Listing Agent: George Bambara

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0 Dogwood Springs Road, #Lot 3, Stowe, VT, 05672

$600,000

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 $480,000 $480,000 $480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.521% 6.304% 5.648%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,801 $2,917 $3,890
Total Monthly Payment $2,893 $3,009 $3,982

* 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.