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Rare opportunity to own 23 acres with two homes and stunning water views of Lake Thompson from nearly every room. This unique property offers subdivision potential with multiple possible building lots, making it ideal for investors, builders, or those seeking a private compound. The main home features 1, 352 sq ft with 2 bedrooms, while the second home—a 3-bedroom mobile home—provides immediate income with a month-to-month tenant paying $1, 300, or flexibility for multi-generational living. A two-story barn adds excellent storage or workshop space. Enjoy a right-of-way to Lake Thompson with potential to add a dock, offering direct access for boating, kayaking, or relaxing by the water. Previously housing cows and sheep on the land there's opportunity for animals as well. This package offers endless possibilities in a beautiful setting.
| Type | Description | Level |
|---|---|---|
| Bedroom 2 | Flooring - Wall to Wall Carpet | Second |
| Dining Room | Open Floorplan | Main,First |
| Kitchen | Dining Area, Open Floorplan | Main,First |
| Living Room | Flooring - Hardwood | Main,First |
| Master Bedroom | Ceiling Fan(s), Closet, Flooring - Hardwood | First |
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $380,000 | $380,000 | $380,000 |
| 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 | $506 | $506 | $506 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,248 | $2,309 | $3,080 |
| Total Monthly Payment | $2,829 | $2,890 | $3,661 |
* 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.