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ARE YOU COMING TO THE COTTAGE THIS SUMMER? A RARE LAKESIDE COMPOUND WITH INCOME AMD LEGACY POTENTIAL! Blending nostalgia, new construction and future potential, this offering is truly one of a kind. Set along the shores of pristine Franklin Pierce Lake, known for clear waters, warm water fishery and year round recreation, this property presents a unique combination of charming vintage cottage, a newly constructed duplex and a generously sized buildable lot. As you arrive, an expansive cleared parcel unfolds, revealing a prime canvas for custom home or additional income-producing structure. The gentle rise of the land allows for thoughtful positioning to maximize views and long-term value. Further along, the newly built duplex showcases crisp navy siding and a welcoming covered porch. Each residence includes a two-car garage with direct entry and interiors designed for modern living. Luxury vinyl flooring, fresh finishes and soaring ceilings create bright, open spaces. The main level seamlessly connects living, dining and kitchen areas where quartz surfaces, white cabinetry and stainless appliances elevate the everyday. Head out to the covered composite deck with morning coffee or evening drinks as you relax and take in colorful sunset skies. Upstairs, primary suites capture elevated water views each boasting a balcony, ensuite bath and generous walk-in closet. Three additional bedrooms filled with natural light assure that there is flexibility for guests, extended stays or rental use. At the water’s edge, an original shingled cottage rests on a grassy knoll and is rich with character and history. Mature trees offer natural shade while the shoreline invites days spent boating, fishing and swimming with winter bringing ice fishing and quiet seasonal beauty. Restore, reimagine or utilize as an income producing retreat. A legacy setting. A strategic investment. A place where past, present and future converge! AN EXTRAORDINARY OPPORTUNITY WITH UNMATCHED VERSATILITY!
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 5/26/2026Our 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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,600,000 | $1,600,000 | $1,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $632 | $632 | $632 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,960 | $9,722 | $13,394 |
| Total Monthly Payment | $9,717 | $10,479 | $14,151 |
* 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.