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Whether you're searching for a family compound w/ income potential or a hospitality lifestyle, the Robert Frost Mountain Cabins offer a blend of rustic charm and modern convenience, with significant potential for expansion and diverse income opportunities. It includes a primary residence, an accessory dwelling unit (ADU), a multi-purpose building, seven timber frame cabins (with permits for three more), and various utility buildings. The property offers stunning views of the Green Mountain National Forest and features modern amenities like high-speed fiber internet, EV chargers, and a solar array. The cabins are fully equipped with two bedrooms, kitchens, and screened-in porches. Guest amenities include a 6-person hot tub, trails, campfire pits, and access to foot trails and the VAST Snowmobile Trail Network. Nearby to the Middlebury College Snowbowl, Rikert Touring Center and miles of hiking. The property has a high occupancy rate and a strong base of repeat guests-it is a lucrative investment opportunity. Located near Middlebury College, the cabins attract visitors for family reunions, graduations, and cultural events. The property is ideal for investors, hospitality entrepreneurs, or as a private family retreat. The main house has been recently renovated and includes three bedrooms, 2. 5 baths, and an office. The ADU, built in 2021, offers additional living space. The property also features a timber frame/partial straw bale building, equipment shed, and recycling shed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,699,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,159,200 | $2,159,200 | $2,159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | $1,746 | $1,746 | $1,746 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,430 | $13,826 | $18,367 |
Total Monthly Payment | $14,301 | $15,697 | $20,238 |
* 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.