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Glistening lake views abound from this waterside home on the Outer Bay Peninsula. Enjoy lakeside living in this newer construction move-in-ready home with modern systems. Tastefully designed and decorated with many high-end finishes throughout, this home defines both upscale living and ease of home ownership. The exquisite first floor primary suite features a full length back deck for enjoying the morning light while overlooking the landscaped backyard and contiguous protected field beyond, giving the feel of an expansive property without all the maintenance. The open floor plan is conducive to entertaining large parties or hosting intimate gatherings. The living room includes soaring ceilings, a corner gas fireplace that flows into the inviting kitchen/ dining area. The dining area opens to an expansive covered porch, merging the outside world with the comfort of inside living. Upstairs includes a bonus room for overflow guests or gym space, two large bedrooms and a balcony deck for capturing stunning sunsets over Lake Champlain and the Adirondacks. A tidy and vast sheetrocked basement with separate rooms and modern systems including on-demand hot water, a backup generator and a large garage with an EV charger truly adds to the appeal of home ownership ease. Outer Bay at Marble Island is a 63 acre waterfront community promoting a recreational lifestyle including 3 beaches, attached marina, tennis/ pickleball & a network of trails. This home & community truly have it all.
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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 |
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Loan Amount | $796,000 | $796,000 | $796,000 |
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% | 6.739% | 6.309% |
Monthly Tax Payment | $834 | $834 | $834 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,582 | $5,097 | $6,771 |
Total Monthly Payment | $5,508 | $6,023 | $7,697 |
* 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.