55 Lake Drive South, New Fairfield (Candlewood Isle), CT, Connecticut, property flyer

55 Lake Drive South, New Fairfield (Candlewood Isle), CT, 06812 | $3,245,000

Exquisite Lakefront Home on Candlewood Lake. Nestled in one of the most sought-after locations on the shores of Candlewood Lake, Connecticut's premier recreational lake, this stunning home offers an unparalleled combination of privacy, breathtaking water views, and exceptional craftsmanship. Thoughtfully designed to capture both sunrise and sunset vistas, every detail of this property invites you to experience the very best of lakeside living. Multiple expansive patios provide seamless indoor-outdoor living, perfect for entertaining or quiet relaxation. Inside, timeless craftsmanship is evident throughout, from the finely curated finishes to light-filled spaces that frame the surrounding natural beauty. Step inside to discover exquisite tongue-and-groove wide-plank floors that flow throughout the home. The custom chef's kitchen features a Chateau Gas Range by La Cornue, elegant inset panel cabinetry, double-thick granite countertops, a hammered copper farm sink, and top-of-the-line appliances. A charming hearth room, complete with an antique fireplace showcasing delicate inset glass detail, provides a cozy gathering place. Ascend the custom-crafted spiral staircase with hand-turned spindles and carved ballasts, to a private master sanctuary. This tranquil retreat boasts a soothing color palette, a spacious walk-in closet, a convenient second laundry area, and a custom-tiled bathroom featuring marble and glass inlay. The vaulted great room features a striking floor to ceiling stone fireplace with stone inlay ceiling and a dramatic chandelier. Arched French doors lead to the covered mahogany porch. The manicured grounds include mature plantings, extensive stonework, landscape lighting, outdoor shower, waterfall and two storage sheds. The large dock can accommodate a boat and 2 jet-ski lifts. Located just 75 minutes from New York City, this exceptional property presents an ideal opportunity for a full-time residence or a luxurious weekend getaway.

Features

Town: New Fairfield
Amenities: Club House,Private Rec Facilities
Rooms: 8
Bedrooms: 4
Baths: 4 full / 2 half
Laundry: Lower Level,Upper Level
Style: Cottage
Year Built: 1992

Garage: None,Paved,Off Street Parking,Driveway
Heating: Hot Water
Cooling: Central Air
Basement: Full,Partially Finished
Above Grade Approx. Sq. Feet: 2,840
Below Grade Approx. Sq. Feet: 1,455
Acreage: 0.16
Est. Taxes: $41,940

HOA Fee: $1,142 Quarterly
Lot Desc: Professionally Landscaped,Water View,Open Lot
Water Front: Yes
Elem. School: Per Board of Ed
High School: New Fairfield
Appliances: Gas Range,Range Hood,Refrigerator,Dishwasher
MLS#: 24095869
Website: https://www.raveis.com
/eprop/24095869/55lakedrivesouth_newfairfield_ct?source=qrflyer

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Listing courtesy of William Pitt Sotheby's Int'l

Room Information

Type	Description	Dimensions	Level
Bedroom 1		20.0 x 28.0	Main
Bedroom 2		18.0 x 26.0	Upper
Bedroom 3		17.0 x 17.0	Upper
Den		12.0 x 18.0	Lower
Dining Room		24.0 x 28.0	Main
Great Room	Vaulted Ceiling,Balcony/Deck,Book Shelves,Fireplace,French Doors,Hardwood Floor	15.0 x 20.0	Main
Kitchen		24.0 x 28.0	Main
Primary Bedroom		24.0 x 28.0	Upper

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

Market your home to realize a quick sale at the best possible price
Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

Will Provide a home insurance quote within 24 hours
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents
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Offers access to experienced closing attorneys at competitive rates
Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

55 Lake Drive South, New Fairfield (Candlewood Isle), CT, 06812

$3,245,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$2,596,000	$2,596,000	$2,596,000
Term	360 months	360 months	180 months
Initial Interest Rate**	5.875%	6.750%	6.375%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.761%	6.865%	6.560%
Monthly Tax Payment	$3,495	$3,495	$3,495
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$15,356	$16,838	$22,436
Total Monthly Payment	$18,976	$20,458	$26,056

* 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.