2408 Shadow Lake Road, Concord, VT, 05824 | $239,900

This charming seasonal cottage, together with several adjoining lots, just steps from the shores of Shadow Lake, is being offered as a single . 74 acre parcel. This property is a very short walk to the Shadow Lake boat access. Inside, the first floor offers a mostly open concept living room, dining area, kitchen, full bath and bedroom. The second floor features a spacious second bedroom complete with a convenient half bath. A cozy balcony deck off the sunroom provides the perfect spot for morning coffee or quiet moments of reflection, while a larger deck overlooks the peaceful side yard, where a fire pit, gardens, stone walls, softwoods, maples, and white birches create a serene outdoor retreat. The open field surrounding the cottage, combined with the shaded woodland leading toward the sunny waterfront, offers abundant opportunities for recreation and relaxation. Picture afternoons spent on the lake followed by evenings gathered around the fire pit, listening to the calls of loons echo across the water. Many of the trees within the lake view are located on the property itself, giving future owners the flexibility to enhance or preserve the view according to their preferences. The property also borders the Association's seldom-used "playground, " effectively extending the available outdoor space for activities and enjoyment. Come and 'Bee at Ease'! Road frontage is estimated.

Features

  • Rooms: 6
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Style: Cottage/Camp
  • Year Built: 1960
  • Heating: Propane,Hot Air
  • Cooling: None
  • Approx Sq. Feet: 1,146
  • Acreage: 0.95
  • Lot Desc: Sloping,Water View
  • MLS#: 5097382
  • Website: https://www.raveis.com
    /prop/5097382/2408shadowlakeroad_concord_vt?source=qrflyer
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Listing courtesy of StoneCrest Properties, LLC2   Phone: 802-626-4790
Listing Agent: Kelly Deth

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NMLS Mortgage Loan Originator ID 81725

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Frank.Kolb@raveis.com

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2408 Shadow Lake Road, Concord, VT, 05824

$239,900

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 $191,920 $191,920 $191,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,149 $1,212 $1,594
Total Monthly Payment $1,224 $1,287 $1,669

* 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.