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Wake up to breathtaking waterfront views and enjoy the peaceful lifestyle this charming lakefront ranch has to offer. Nestled on the shores of Pickerel Lake, this well-maintained home features 2 bedrooms, 1 full bath, a newer septic system, and beautifully professionally landscaped grounds designed to make the most of its picturesque setting. Spend your mornings with coffee overlooking the water, afternoons kayaking, fishing, or boating, and evenings relaxing as the sun sets across the lake. One of Pickerel Lake's most treasured features is the expansive protected forest that spans the opposite shoreline, creating a serene, natural backdrop and a feeling of privacy rarely found on waterfront property. While the lake is peaceful and quiet, motorboats are permitted, offering the best of both relaxation and recreation. The seller is even willing to include many of the lake toys, making it easy to start enjoying the waterfront lifestyle from day one. Adding to the value, an additional . 22-acre lot directly across the street conveys with the property. The yard is already home to two storage sheds, the lot provides the perfect space for another outbuilding, workshop, additional parking, or simply extra room for all your recreational gear. Conveniently located just minutes from the charming shoreline communities of Old Saybrook and the Connecticut River, you'll enjoy easy access to exceptional restaurants, marinas, shopping, and year-round entertainment. Outdoor enthusiasts will appreciate being close to over 1, 000 acres of hiking and nature at Salmon River State Forest, as well as the scenic Air Line State Park Trail for biking, walking, and running. Whether you're searching for a year-round residence, a weekend retreat, or the perfect vacation getaway, this waterfront gem offers a rare opportunity to enjoy lake living with additional land, natural beauty, and endless outdoor adventures.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Main | |
| Dining Room | Main | |
| Living Room | Fireplace | Main |
| Primary Bedroom | Main |
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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 | $463,920 | $463,920 | $463,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $562 | $562 | $562 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,819 | $2,929 | $3,852 |
| Total Monthly Payment | $3,473 | $3,583 | $4,506 |
* 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.