LAKE FRONT - Welcome to your slice of heaven! Nestled on a sprawling 29 acres of subdividable land, this property boasts over 400 feet of pristine lake frontage, offering an unparalleled retreat for nature enthusiasts and water lovers alike. Perfect for family getaways or simply enjoying the serenity of lakeside living, this is an amazing piece of paradise awaiting your touch. Imagine waking up to the gentle lapping of waves and the stunning views of the lake, knowing that you have your own private oasis to escape to. With water skiing and boating allowed, the possibilities for recreation are endless. Plus, with an existing structure that includes a 2-car garage and an apartment above complete with a full bathroom, you'll have all the comforts of home right at your fingertips. building is sold in as is condition. Ideal for people seeking a summer retreat, this property offers one of the last remaining opportunities for direct lake access. Whether you're looking to make memories with family and friends or seeking a secondary home to escape the hustle and bustle of city life, this is the haven you've been dreaming of. Don't let this opportunity slip away - seize the chance to enhance your life and make every day feel like a vacation. Your paradise awaits - all that's left is for you to make it yours
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway NE Prop.
Office Phone: (860) 677-4949
Listing Agent: Jacek Mikolajczyk
Exterior Features
Exterior Information:
Waterfront: Lake Front, Water Access
View: Trees/Woods, Water
Lot Features
Lot Information:
Lot: Wooded, Level, Sloped, Cul-De-Sac, Views
Lot Size: 29.00 Acres
School Info
Assigned Schools Information:
Bacon Academy, Public District Grades 9-12
William J. Johnston Middle School, Public District Grades 6-8
Jack Jackter Intermediate School, Public District Grades 3-5
Price Information
Listing Price Info
Price Summary:
List Price: $899,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Colchester, CT.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,554
Per Month
Principal & Interest
$4,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,762
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Jack Jackter Intermediate School
315 Halls Hill Rd
Distance between this listing and this school5.97 miles
Public District Grades 3-5
Middle School
8
/10
William J. Johnston Middle School
360 Norwich Ave
Distance between this listing and this school5.87 miles
Public District Grades 6-8
High School
6
/10
Bacon Academy
611 Norwich Ave
Distance between this listing and this school6.64 miles
Public District Grades 9-12
Assigned Schools
7
/10
Jack Jackter Intermediate School
315 Halls Hill Rd
Distance between this listing and this school5.97 miles
Public District Grades 3-5
Nearby Schools
7
/10
Elmer Thienes-Mary Hall Elementary School
25 School Dr
Distance between this listing and this school7.47 miles
Public District Grades PK-6
8
/10
Haddam Elementary School
272 Saybrook Rd
Distance between this listing and this school7.86 miles
Public District Grades KG-4
Assigned Schools
8
/10
William J. Johnston Middle School
360 Norwich Ave
Distance between this listing and this school5.87 miles
Public District Grades 6-8
Nearby Schools
6
/10
Nathan Hale-Ray Middle School
73 Clark Gates Rd # 363
Distance between this listing and this school1.66 miles
Public District Grades 4-8
5
/10
Center School
7 Summit St
Distance between this listing and this school5.72 miles
Public District Grades 4-5
Assigned Schools
6
/10
Bacon Academy
611 Norwich Ave
Distance between this listing and this school6.64 miles
Public District Grades 9-12
Nearby Schools
5
/10
Nathan Hale-Ray High School
15 School Rd # 404
Distance between this listing and this school2.65 miles
Public District Grades 9-12
9
/10
East Hampton High School
15 N Maple St
Distance between this listing and this school6.41 miles
The neighbors living near this home have an average income of $131,575. Residents of Colchester, CT typically earn between $100k-200k each year. Most families are married, with kids. Most residents in this area have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home sits on a 29.00 acre lot. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $899,000.
While more than 15 listings in Colchester, CT in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. The number of homes for sale in Colchester, CT decreased by 3.8% between March 2024 and April 2024.
From Rocket Homes Real Estate and based on county public records data.