1702 Ballard Road, Highgate, VT, 05488 | $599,000

Whether you're looking to create a family compound, embark on a development project or embrace the charm of small-town living, this Highgate property offers the ideal blend of privacy, acreage and potential! Tucked away at the end of a quiet road, this 9. 12-acre parcel ensures the ultimate seclusion and tranquility. The property is made up of three lots: two fully permitted building lots and a 2. 3-acre lot that features the beautifully updated farmhouse. Framed by mature maple and locust trees, the home’s exterior is complemented by striking red cedar siding accents that add warmth and character. Inside, the eat-in kitchen is charming and functional, with a farmhouse sink, rustic wood ceiling and cozy wood stove. With five bedrooms, including a primary suite on the first floor, plus a full bath and a combined pantry and laundry room, this home provides plenty of room for everyone. The former garage has been transformed into a versatile bonus space, perfect for a workshop or hobby room. Step outside and you'll find a chicken coop, garden shed, and lean-to for wood and equipment storage, plus ample yard space for gardening, relaxing and exploring. Conveniently located with easy access to I-89, the U. S. -Canadian border and local amenities, including grocery stores and recreational trails such as the Missisquoi Wildlife Refuge and Lamoille Valley Rail Trail. This property is perfect for outdoor enthusiasts looking for a peaceful retreat with the opportunity for future expansion!

Features

  • Rooms: 8
  • Bedrooms: 5
  • Baths: 1 full
  • Style: Farmhouse
  • Year Built: 1860
  • Heating: Oil,Wood,Forced Air,Stove - Wood
  • Cooling: None
  • Basement: Dirt Floor,Unfinished,Exterior Access
  • Approx Sq. Feet: 2,220
  • Acreage: 9.12
  • Est. Taxes: $4,393
  • Lot Desc: Agricultural,Country Setting,Level,Open,Secluded,Rural
  • Elem. School: Highgate Elementary School
  • Middle School: Missisquoi Valley Union Jshs
  • High School: Missisquoi Valley UHSD #7
  • School District: Missisquoi Valley UHSD 7
  • MLS#: 5039706
  • Website: https://www.raveis.com
    /prop/5039706/1702ballardroad_highgate_vt?source=qrflyer
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Listing courtesy of KW Vermont   Phone: 802-654-8500
Listing Agent: Templeton Real Estate Group

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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1702 Ballard Road, Highgate, VT, 05488

$599,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.132%
Monthly Tax Payment $366 $366 $366
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,029 $3,148 $4,011
Total Monthly Payment $3,487 $3,606 $4,469

* 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.