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Enjoy easy living in this attractive lower-level unit at The Terraces, thoughtfully updated over the past year. This 55+ community is set on 7. 29 acres just outside Shelburne Village, combining a peaceful setting with convenient access to village amenities and all that Burlington has to offer. Inside, new luxury vinyl plank flooring extends throughout the home, creating a seamless sense of consistency and cleanliness. Fresh paint in most rooms enhances the natural light, while updates such as new door hardware, digital thermostats, and custom cellular blinds add comfort and convenience, including a blackout blind in the bedroom. Important electrical improvements include many new switches, dimmers, bulbs, smoke and carbon monoxide detectors, and other updates for added safety and peace of mind. The unit’s eastern exposure welcomes lovely morning sunlight, and during the warmer months the home stays naturally comfortable, supplemented by a new floor-style air conditioner that vents through the window. The common laundry room is right down the hallway, and the machines do not require coins or cards. Residents also enjoy access to the community’s unique seventh building, a shared gathering space for the 58 residents featuring an on-site full-time property manager, maintenance support, dining room, exercise room, crafts room, library, and more. The Terraces presents an affordable opportunity to own in Shelburne while enjoying a welcoming community and amenities that support comfortable, connected daily living.
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 4/16/2026Our 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.
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William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $148,800 | $148,800 | $148,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $145 | $145 | $145 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $880 | $904 | $1,206 |
| Total Monthly Payment | $1,100 | $1,124 | $1,426 |
* 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.