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 Henry Gourdeau of Gibson Sotheby's International Realty



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Last checked 2026-09-13 03:16 AM UTC