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UNIQUE OPPORTUNITY for investors, builders, or buyers looking to bring their vision to life.
This is an approved 4-bedroom building lot with permits and engineering already in place. Construction is well underway, with the foundation complete and framing nearly finished. The current layout is framed for a thoughtfully designed 3-bedroom home, each with its own en-suite bathroom. The main living space is framed with 9-foot cathedral ceilings and a fireplace setup, creating an open, elevated feel at the heart of the home. The structure is currently water-tight, with roofing completed. The next phase ready for windows, doors and exterior finishes. A detailed scope of work outlining progress to date is available in the documents.
An impressive gravel driveway has already been installed, guiding you up to a beautifully cleared lot. What truly sets this property apart is its setting. The land directly abuts Fuller Mountain Preserve, a 255-acre conservation area protected by Orange County Land Trust, offering a rare combination of privacy, natural beauty, and long-term preservation. Located near the scenic overlook on the Orange Trail, this is a setting that is truly special.
Whether you’re looking to continue the existing build or take the project in a new direction, the heavy groundwork has already been completed. Step in and finish a home tailored to your vision while saving significant time in the early stages of construction. To be clear, this project is being sold as is where is.
Ideally located just minutes from Warwick Village, with its restaurants, shops, and charm, this is an opportunity to build in one of the area’s most desirable locations. Bring your vision and make it your own. Architect plans available upon request.
Active construction site, absolutely no trespassing. Showings by appointment only.
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:
$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
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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 | $400,000 | $400,000 | $400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.500% | 5.710% |
| Monthly Tax Payment | $483 | $483 | $483 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,366 | $2,495 | $3,266 |
| Total Monthly Payment | $2,941 | $3,070 | $3,841 |
* 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.