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88 Mill Hill, Barnet, VT, 05821 | $275,000
Historic house at the foot of a stunning, huge Stevens River waterfall. Coined "Falling Water" by the architect owner, a spectacular site and a big house with significant square footage to work with. Currently an easily dividable 5BR (three up, two down) with unfinished basement apartment, a kitchen on main, partial 2FL kitchen and a place to install a kitchen in the partially finished basement/walkout apartment. With a whopping 750 gallons per day of septic capacity state WW permit, retool this into 7BR single family, a 3BR+2BR Accessory, or a 2BR+1BR+1BR triplex to really crank potential rental income and house hack your way to paradise. New roof in 2023, hardwood floors to reinfinish, rare oak hot water baseboard covers, other beautiful touches to take to the next level. Wonderful workshop in the garage space with large attic for storage, this diamond in the rough has so much integrity. Industrial Morrison Custom Feeds is just south east but that factory view is outweighed by the oh-so-gorgeous waterfall and sound of water. Rough at the edges but liveable, this will be a wonderful reno project into a stately home or income generating multi-family. Leach field on the non-abutting . 44 acre or so lot in the field east of the house. Rarely does such an incredible location come on the market. You can even feel the waterfall spray on your face from the observation platform when the water is high. Exalt. Bring vision. Bring meditation.
Features
- Rooms: 12
- Bedrooms: 7
- Baths: 2 three-quarter
- Style: Apartment Building
- Year Built: 1900
- Garage: 1-car Garage
- Heating: Propane,Oil,Baseboard,Direct Vent,Hot Water
- Cooling: None
- Approx Sq. Feet: 2,585
- Acreage: 0.96
- Est. Taxes: $2,750
- Lot Desc: Country Setting,Field/Pasture,Level,Mountain View,River Frontage,Water View,Waterfall,Neighborhood
- Elem. School: Barnet School
- Middle School: Barnet School
- High School: Choice
- School District: Caledonia Central
- MLS#: 5041647
- Website: https://www.raveis.com
/prop/5041647/88millhill_barnet_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/18/2025Listing courtesy of Maple Sweet Real Estate Phone: 802-793-1515
Listing Agent: Clayton-Paul Cormier
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NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
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88 Mill Hill, Barnet, VT, 05821
$275,000
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 |
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|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| 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 | 7.083% | 7.063% | 6.152% |
| Monthly Tax Payment | $229 | $229 | $229 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,391 | $1,445 | $1,842 |
| Total Monthly Payment | $1,695 | $1,749 | $2,146 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484