10 Clearview Drive, Ridgefield, CT, 06877 | $495,000

Perched above the water with expansive, unobstructed lake views, this charming two bedroom, one-bath lake cottage offers the best of lake living. Town records show 707 sq. ft. but with the additional enclosed porch it lives like an~1100 sq. ft. home. Large windows create the feeling of living on the lake, offering front-row views of swans, roaming wildlife, and ever- changing seasonal scenery-from skaters gliding across the frozen lake in winter to kayaking and fishing all summer and New England's spectacular fall foliage. The beach, with kayak storage and floating dock is at the bottom of the street- lake association membership is optional. Inside, the spacious primary bedroom is surprising with it size, large closet and a walk up attic for potential future expansion or great storage. The original stone fireplace adds character to the living room. The floors have been redone, the interior was painted, and baseboards added. Set on a rare- for the area, flat lot, the property offers ideal space for outdoor enjoyment and flexibility for future expansion or rebuilding. Yard boundaries are the railroad ties and stone wall past the big tree; the driveway side is the step. Many recent upgrades, include updated electric, a new heat pump and ductwork, repaved driveway and more. Located in a tight-knit community known for neighborhood gatherings and its own music festival. Rainbow Lake offers a unique blend of charm, nature, and connection with close by Town open space for hiking Optional Lake association membership (~$350/year) Shared Driveway-#6, 10, 12.

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Lower Level
  • Style: Ranch,Cottage
  • Year Built: 1930
  • Garage: Paved,Driveway
  • Heating: Hot Air
  • Cooling: Central Air,Heat Pump
  • Basement: Full,Unfinished,Storage,Hatchway Access,Dirt Floor
  • Above Grade Approx. Sq. Feet: 707
  • Acreage: 0.25
  • Est. Taxes: $6,680
  • Lot Desc: Dry,Level Lot,Water View
  • Water Front: Yes
  • Elem. School: Barlow Mountain
  • Middle School: Scotts Ridge
  • High School: Ridgefield
  • Appliances: Gas Range,Refrigerator,Washer,Dryer
  • MLS#: 24173025
  • Website: https://www.raveis.com
    /prop/24173025/10clearviewdrive_ridgefield_ct?source=qrflyer
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Listing courtesy of Keller Williams Realty   Phone: (203) 438-9494

Room Information

Type DescriptionDimensionsLevel
Bedroom 1 Hardwood FloorMain
Kitchen Breakfast Bar,Vinyl FloorMain
Living Room Fireplace,Hardwood Floor11.1 x 17.8Main
Primary Bedroom Walk-In Closet,Hardwood Floor10.7 x 17.7Main
Sun Room Dining Area,Sliders,Wall/Wall Carpet10.0 x 35.0Main

William Raveis Family of Services

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Customer Service

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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10 Clearview Drive, Ridgefield, CT, 06877

$495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $396,000 $396,000 $396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $557 $557 $557
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,438 $2,500 $3,288
Total Monthly Payment $3,070 $3,132 $3,920

* 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.