SELLER OFFERING $25,000 FOR AN INTEREST RATE BUYDOWN IF OFFER ACCEPTED BEFORE 9/16 SEE BELOW FOR DETAILS ******************************************************* Perfectly positioned just moments from Phillips Academy and Bancroft Elementary, this beautifully refreshed expanded ranch offers the ideal blend of comfort, flexibility, and location. The sun-drenched +/-500 SF family room showcases soaring cathedral ceilings, walls of bay windows, and tranquil views of the private backyard. A spacious primary suite and updated walk-out lower level provide exceptional living space, while a large home office can easily serve as a fourth bedroom or guest suite. Outside, enjoy professionally landscaped gardens, a sparkling in-ground pool, and a charming tiki bar—perfect for summer entertaining. The protected backyard offers plenty of room for children, pets, or peaceful relaxation. An exceptional opportunity for Phillips Academy/Bancroft families, downsizers seeking first-floor living, or anyone looking to enjoy one of Andover's most desirable neighborhoods. ************************************************* LENDERS WILL ALLOW A RATE BUYDOWN FOR UP TO 3% OF THE LOAN AMOUNT. IN THIS INSTANCE THAT AMOUNT ON AN 80/20 LOAN WOULD EQUAL +/- $28,000. THIS EFFECTIVELY SAVES THE BUYER +/- $75,000 BY REDUCING THE INTEREST RATE FROM FROM 6.75% TO 6%. ALL INFORMATION PROVIDED HERE IS MEANT TO GIVE A BASIC UNDERSTANDING OF HOW AN INTEREST RATE BUYDOWN WORKS. BUYER AND BUYER'S AGENT SHOULD DISCUSS THIS WITH THEIR LENDER FOR CLARITY AND CONFIRMATION.
Listing courtesy of Listing Agent: Henry Gourdeau from Listing Office: Gibson Sotheby's International Realty.
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