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The only home currently available on sought-after BEACH POND! Whether you're searching for a year-round waterfront home or the perfect lake retreat, this chalet-style property offers 213'+/- of waterfront and endless possibilities. A newly paved shared driveway with a cobblestone apron leads to a circular drive for easy parking. The 1977 main home features tongue-and-groove wood ceilings, an open living and dining area with a wood stove, and a kitchen overlooking the pond. Thoughtfully placed clerestory windows fill the home with natural light while showcasing the architectural design. 2 bedrooms and a full bath complete the main level. The walkout lower level offers a family room with slider to the waterfront, a full bath with sauna and shower, plus laundry, utilities and ample storage. Relax on the expansive deck overlooking the water, install the dock that is on the property and enjoy boating, fishing, kayaking, jet skis and swimming. 2 additional buildings on the property add incredible value: a charming 1928 Cottage with its own electrical service, propane heat, vaulted ceilings, wood floors and abundant windows-ideal as an art studio, office, guest space or potential in-law. A separate shed/workshop offers additional storage and flexible space. Located less than 1/4 mile from the neighborhood beach, this is a rare opportunity to own on Beach Pond. Located on the Connecticut-Rhode Island border, straddling both states, with convenient access to Interstate 95, Beach Pond offers the perfect blend of natural beauty and year-round recreation. Encompassing approximately 393 acres, this pristine freshwater lake sits atop the Pachaug watershed, making it one of Connecticut's cleanest lakes, with exceptional water quality and a naturally occurring thermocline. Surrounded by Pachaug State Forest, residents and visitors enjoy miles of trails for hiking, horseback riding, and rock climbing, along with easy access to nearby shoreline attractions. Beach Pond is open year-round for boating, fishing, kayaking, and swimming, with the only boating restriction being no water skiing within 800 feet of the dam. If you fish, you will appreciate the pond's fishing opportunities, with largemouth bass, pickerel, perch, catfish, smallmouth bass-(found in only a handful of Connecticut lakes)-and walleye stocked by the State of Connecticut. Rhode Island also enhances the fishery by stocking both brown and rainbow trout, making Beach Pond a sought-after destination for outdoor enthusiasts in every season.
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Dining Room | Main |
| Family Room | Lower |
| Full Bath | Main |
| Full Bath | Lower |
| Kitchen | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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William Raveis Real Estate
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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 |
|
|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| 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 | $540 | $540 | $540 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,114 | $3,283 | $4,318 |
| Total Monthly Payment | $3,746 | $3,915 | $4,950 |
* 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.