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Property Description
Discover this rare 7-acre secluded property on Monteagle Mountain! Purchased in 2001 by the current owner, a small home was lovingly expanded and renovated into an extraordinary family retreat. Lovely stone steps line a curved path to the unique glass tower entry where one immediately sees the breathtaking views that expand the width of the home. The Family room has Kolbe glass doors opening to your choice of decks and a central stone fireplace with a two sided opening which is shared with the Kitchen and Dining areas and an additional Sitting room. The primary bedroom suite has NanaWall folding glass doors which open to a screened porch. Three additional bedrooms and two sleeping lofts work well for large families and guests. One of the bedrooms includes a separate entrance and is plumbed for a kitchenette. Many lovely architectural antiques, such as old doors and gates are featured throughout. In addition to the decks, nature lovers will enjoy the outdoor firepit which is located at the entrance to a trail that leads down to the river. Beautiful shrubs, plants and mountain laurel surround this home. Hikers will enjoy the South Cumberland State Park, Fiery Gizzard Trail and more. Nearby is the University of the South campus at Sewanee, dining, bookstores and shops, as well as many more scenic views!
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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