1602 Bear Mountain Road, Troy, VT, 05859 | $465,000

Offering stunning views of Jay Peak—so close it feels like it’s in your backyard—this 92-acre property in Troy, VT, also provides distant views into Canada. With 39 acres of open agricultural land, wooded acreage, and Mud Creek meandering through the property, along with a barn, shed, and greenhouse, this would make an ideal homestead property. A covered porch leads the way into a mudroom, and beyond that a spacious entry for storing your outerwear. Over the threshold you’ll find an efficient U-shaped kitchen with ample storage to the left and a dining area on the right. Continue through to the cathedral-ceilinged living room, where natural light streams through the window, heating the home with passive solar, and the glass-front woodstove keeps it toasty, no matter the weather. The loft area above holds a spacious bedroom and ¾ bath. A full bath with laundry is located on the main level. The lower level includes a family room, two additional rooms ideal for an office or craft space, the utility room, and a root cellar. Recent updates include new exterior paint, metal roof, new furnace, and some updated plumbing. The home is also wired for a generator. The location can’t be beat for outdoor recreation, as it’s only 11 miles from Jay Peak Resort for year-round adventures, from skiing and riding to golfing, hiking, and so much more. If you’re seeking a home that’s private and surrounded by beautiful Vermont landscapes in every direction, this one is worth a look.

Features

  • Rooms: 6
  • Bedrooms: 1
  • Baths: 1 full / 1 three-quarter
  • Style: Chalet
  • Year Built: 1997
  • Heating: Hot Water,Stove - Wood
  • Cooling: None
  • Basement: Concrete,Partially Finished,Stairs - Exterior,Stairs - Interior
  • Approx Sq. Feet: 2,160
  • Acreage: 92
  • Lot Desc: Agricultural,Country Setting,Field/Pasture,Mountain View,Open,Recreational,River Frontage,Rolling,Secluded,Stream,View,Wooded,Near Skiing,Near Railroad
  • Elem. School: Troy School
  • Middle School: Troy School
  • High School: North Country Union High Sch
  • School District: North Country Supervisory Union
  • MLS#: 5030235
  • Website: https://www.raveis.com
    /prop/5030235/1602bearmountainroad_troy_vt?source=qrflyer
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Listing courtesy of Century 21 Farm & Forest/Burke   Phone: 802-626-4222
Listing Agent: Emma Gunn

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NMLS Mortgage Loan Originator ID 793093

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1602 Bear Mountain Road, Troy, VT, 05859

$465,000

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 $372,000 $372,000 $372,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.303% 6.510%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,351 $2,506 $3,190
Total Monthly Payment $2,426 $2,581 $3,265

* 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.