1 Lake Close photo 1

MLS #1292611

1 Lake Close

Humber Valley Resort

$219,000

Vacant Land
Source Listing

Property Details

Welcome to 1 Lake Close, a rare and fully prepped 1.2-acre parcel located in the private and prestigious Humber Valley Resort. This exceptional, mostly level lot is cleared, landscaped, and truly ready for your custom build. Formerly the site of a beautiful home, the property offers tremendous value with a septic system already installed, an artisan well, hydro poles in place, and underground wiring prepared for a future garage. A spacious, fully paved asphalt drive-in/drive-out driveway with dual entrances provides outstanding access, convenience, and a polished finish to the property. Situated in a quiet area of Humber Valley Resort and surrounded by luxury, well-maintained homes, this lot offers both privacy and natural charm. A natural brook runs adjacent to the property, enhancing the peaceful setting. With the right design, a two-storey build has the potential to capture beautiful views of the lake and surrounding valley. The gentle slope of the land also offers excellent potential for a walk-out basement, giving you added versatility in your home design. With 1.2 acres at your disposal, this is the ideal location for a custom year-round residence or luxury vacation retreat. Owners enjoy access to the full resort lifestyle, including world-class golf, outdoor recreation, and the unmatched beauty of Western Newfoundland. Fully prepared lots of this caliber are exceptionally rare within Humber Valley Resort. Don’t miss this opportunity to build in one of the region’s most sought-after communities. Humber Valley Resort restrictive covenants and agreements apply. Lot may be subject to HST. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$219,000
Down Payment - 5%$10,950
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,902

Mortgage Payment
$1,247
Property Tax
$155
Insurance
$150
Utilities
$350
Down Payment
$10,950
Loan Amount
$208,050
Total Interest
$165,970

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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