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Don't miss this rare chance to build your dream lakefront retreat with approvals and a stunning year-round custom design already in place. Nestled on the quiet northern shore of Lake Waukewan, this exceptional property offers a perfect blend of seclusion and adventure. Unlike busier lakes nearby, Waukewan provides a peaceful setting where kayaks, sailboats, and powerboats coexist in harmony with nature. Enjoy waterskiing, fishing, and paddleboarding in summer, while winter invites ice skating and cross-country skiing from your doorstep. This unique opportunity includes a 1-year approved setback variance to construct a spectacular home with 1, 500+ sq ft on the first floor, a full walkout basement, and a two-car garage. Architectural designs and renders are available upon request. A gently sloping lawn leads to a pristine sandy beach and a newer 32-foot L-shaped dock, offering breathtaking southeast views of protected shoreline and Chapman Island, preserving the untouched beauty of the lake. Wake up to stunning sunrises and unwind to the call of loons and soaring bald eagles. With a coveted four-bedroom septic design (installed in 2006), two deeded lots of record, and frontage on two roads, this property is ready to become your ideal lakefront escape. Enjoy the original cottage this summer while planning construction. Conveniently located near downtown Meredith, top-tier ski resorts, and within easy reach of Boston, this is lakeside living at its finest.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
Monthly Tax Payment | $546 | $546 | $546 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,859 | $5,347 | $7,367 |
Total Monthly Payment | $5,530 | $6,018 | $8,038 |
* 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.