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Welcome to your private lakeside retreat! Tucked away on a quiet, peaceful cul-de-sac, this classic brick ranch offers the ultimate vacation-at-home lifestyle with direct waterfront access to pristine Lake Garda. Boasting 1, 424 square feet of single-level living on the main floor, the home features 3 comfortable bedrooms and full bath, as well as a spacious 2-car garage with an attached screened-in porch-the perfect spot for your morning coffee or mosquito-free summer evenings. The living space beautifully expands into the fully finished, walk-out lower level, adding an extra 432 square feet of finished living space. Complete with a cozy den anchored by a classic wood-burning fireplace, a dry bar, and a second full bathroom, this versatile setup is tailor-made for game days, winter nights, or winding down after a day on the water. Step out of the walk-out basement onto a spacious patio overlooking the peaceful lake, which seamlessly connects to a raised grilling deck. The low-maintenance, wooded lot means no weekend lawn-mowing chores-giving you more time to enjoy the water. From the patio, private stairs lead directly down to your own dock. Grab a book and relax, cast a line for some fishing, or launch your kayak or canoe for a tranquil sunset paddle. This home presents an incredible opportunity to customize a sturdy, brick waterfront property and build instant equity in a highly sought-after neighborhood! The Lake Garda Lifestyle & Amenities: As a homeowner, you will enjoy private member rights to the Lake Garda Improvement Association (LGIA), offering an unmatched private community experience: Three Private Sandy Beaches: Spend your summer days sunbathing or swimming at Farmington's own Moore Beach (located right at the north end of the lake), or visit Burlington's private shores at Battistoni Beach and Children's Beach. Tranquil Waters: No motorized watercraft are permitted on Lake Garda, preserving a remarkably quiet, pristine, and safe environment for swimming, paddleboarding, rowing, canoeing, and kayaking. Recreation & Trails: Enjoy walking, running, or hiking along a designated network of scenic wooded trails that run near and along the lakeshore. Community Events & Parks: The association maintains multiple boat launches, a neighborhood playground, and acres of community open space, playing host to classic neighborhood traditions like the annual community summer picnic. Don't miss the chance to make this lakeside sanctuary your own. Schedule your showing today and start living the lake life! Property being sold "as-is". For additional information on the Lake Garda association, please refer to: www. lakegardaimprovementassociation. com
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Hardwood Floor | Main |
| Bedroom 2 | Hardwood Floor | Main |
| Kitchen | Main | |
| Living Room | Hardwood Floor | Main |
| Primary Bedroom | Balcony/Deck,Sliders,Hardwood Floor | Main |
| Rec/Play Room | Dry Bar,Fireplace,Full Bath,Patio/Terrace | Lower |
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NMLS Mortgage Loan Originator ID 1014636
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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 | $351,920 | $351,920 | $351,920 |
| 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 | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | $548 | $548 | $548 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,108 | $2,222 | $2,922 |
| Total Monthly Payment | $2,731 | $2,845 | $3,545 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.