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Welcome to your own private retreat on beautiful Gardner Lake! Tucked away in an enclave of just ten homes, this is the only year-round residence in the over five-acre community. This quaint ranch-style home is designed to embrace its peaceful surroundings with beautiful lake views and an inviting open-concept floor plan. The spacious living and dining areas feature soaring vaulted ceilings, hardwood floors, and an amazing floor-to-ceiling stone fireplace. Sliding doors lead to a private deck overlooking the lake, providing the perfect place to enjoy your morning coffee, entertain friends, or simply relax. The home has two comfortable bedrooms and a full bath, along with the convenience of a first-floor laundry room. An additional flex space is ideal as an art studio, home office, reading room, or hobby area, allowing you to tailor the home to your lifestyle. Modern comforts include central air conditioning, efficient propane heat, on-demand hot water, and updated mechanical systems, providing year-round efficiency. An attached two-car garage offers abundant storage and everyday convenience. The finished lower level significantly expands the living space and offers endless possibilities. Whether you're looking for a spacious family room, home gym, office, rec room, guest overflow, or another creative studio, this versatile area can easily adapt to your needs. Outside, the beautifully maintained grounds provide ample room for plantings and gardening. The setting is both charming and picturesque, making every season a delight-from colorful autumn foliage and cozy winter lake views to vibrant spring blooms and endless summer days on the water. Residents enjoy access to a private beach and dock, making boating, kayaking, fishing, paddleboarding, and swimming just steps from your front door. Whether you're searching for a year-round residence, a weekend retreat, or a unique lakefront lifestyle, this exceptional Gardner Lake property offers the perfect blend of comfort, privacy, and recreation in one of Salem's most desirable lake communities. Don't miss this rare opportunity to own the only year-round home in this intimate lakeside enclave-where every day feels like a vacation.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Book Shelves,Built-Ins,Ceiling Fan,Hardwood Floor | 10.0 x 12.0 | Main |
| Dining Room | Hardwood Floor | 10.0 x 10.0 | Main |
| Family Room | Tile Floor | 24.0 x 26.0 | Lower |
| Full Bath | Tub w/Shower | 10.0 x 7.0 | Main |
| Kitchen | Hardwood Floor | 10.0 x 10.0 | Main |
| Living Room | Skylight,Vaulted Ceiling,Fireplace,Sliders,Hardwood Floor | 14.0 x 19.0 | Main |
| Primary Bedroom | Ceiling Fan,Walk-In Closet,Hardwood Floor | 10.0 x 15.0 | Main |
| Study | Tile Floor | 14.0 x 16.0 | Lower |
| Sun Room | Ceiling Fan,Tile Floor | 14.0 x 12.0 | Main |
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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 | $399,920 | $399,920 | $399,920 |
| 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 | $326 | $326 | $326 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,395 | $2,525 | $3,321 |
| Total Monthly Payment | $2,796 | $2,926 | $3,722 |
* 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.