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Welcome to this exceptional waterfront retreat on Salem Lake in Derby, offering private lake access and an ideal blend of comfort, functionality, and convenience in a highly sought-after location. Being sold furnished, this property presents a fantastic turnkey opportunity for year-round living, a vacation getaway, or investment potential. A charming covered front porch leads into a spacious mudroom entry, setting the tone for the warm and inviting interior. The main level features a well-appointed kitchen with abundant cabinetry and storage, an open dining area perfect for entertaining, and a generous living room highlighted by stunning lake views and a cozy propane fireplace. A full bath and dedicated laundry room complete the first floor. Upstairs, the primary bedroom offers dual closets and peaceful water views, creating the perfect place to start each day. Three additional bedrooms and a ¾ bath provide ample space for family and guests alike. The partially finished walkout basement expands the living area with a wet bar, wood stove, workshop space/utility room, and direct outdoor access. Additional improvements include a heated three-bay garage with two upper bays and one lower-level bay, plus a detached shed for even more storage. Property features include a drilled well, private septic system, 200-amp electrical service, and Xfinity high-speed internet availability. Conveniently located just minutes from downtown amenities, schools, shopping, dining, and recreation, this lakefront property offers year-round enjoyment in a beautiful setting.
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 5/19/2026Our 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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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | $505 | $505 | $505 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,217 | $2,335 | $3,014 |
| Total Monthly Payment | $2,797 | $2,915 | $3,594 |
* 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.