27 Terrace Drive, Lexington, NY, 12468 | $649,000

Situated at the foothills of the prestigious Catskill Mountains, this unique property features a custom-built cedar chalet encompassing 2, 156 sq. ft, complemented by a detached four-car garage with workspace and office spanning three floors and totaling 1, 765 sq. ft. This versatile space can be converted into a delightful guest house for family accommodations, or Auto storage. . .
Terrace Mountain Chalet is set on 6. 5 private elevated acres, offering stunning mountain views and lush rolling meadows! The chalet's ''ski lodge /aprè style'' showcases an open floor plan, exposed rafters, gleaming hardwood floors, and a cozy wood stove creates an inviting atmosphere. Additionally, the 225 sq. ft four-season room, surrounded by glass, reflects the pristine outdoors and serves as an ideal artist or yoga studio.
The primary suite, along with two additional bedrooms, is located on the main floor, while a robust plank staircase leads to the second family room and a snug sleeping loft nestled among the rustic roof rafters. Furthermore, the expansive full unfinished basement, prepped for a future bathroom, offers endless possibilities for a recreational area.
Located just minutes away from a class-A trout stream, a favorite spot for fly fishing at Mosquito Point Bridge, or take a refreshing dip in its deeper pools. Enjoy nearby golf courses, hiking and biking trails, and festivals. The winter season provides opportunities for all-day skiing at Hunter Mountain, Windham Club and Belleayre, or snowshoeing and fat biking at Bearpen Mountain Sports Trails. Conclude your day at the finest mountaintop restaurants and breweries. Contact us today to preview this exceptional property and create lasting family memories.

Features

  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Chalet
  • Year Built: 1987
  • Garage: 4-car Detached
  • Heating: Forced Air, Oil
  • Basement: Bath/Stubbed, Concrete, Full, Unfinished, Walk-Up Access
  • Acreage: 6.37
  • Est. Taxes: $8,043
  • Lot Desc: Front Yard, Meadow, Private, Views
  • View: Meadow, Mountain(s), Skyline
  • School District: Hunter-Tannersville
  • Appliances: Electric Range, Microwave, Refrigerator, Range Hood
  • MLS#: 20252030
  • Days on Market: 328 days
  • Website: https://www.raveis.com
    /prop/20252030/27terracedrive_lexington_ny?source=qrflyer
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively 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. Source: Hudson Valley Catskills Region

William Raveis Family of Services

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Adella RandazzoSales Associate

617.794.3779

Adella.Randazzo@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Jennifer HartRegional Sales Manager, William Raveis Insurance

978.457.6220

Jennifer.Hart@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

27 Terrace Drive, Lexington, NY, 12468

$649,000

Adella Randazzo

Sales Associate

William Raveis Real Estate

Phone: 617.794.3779

Adella.Randazzo@Raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $519,200 $519,200 $519,200
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 6.301% 6.500% 5.691%
Monthly Tax Payment $670 $670 $670
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,071 $3,239 $4,240
Total Monthly Payment $3,833 $4,001 $5,002

* 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.