A rare opportunity to own a brand new Frank Simonelli home in an established neighborhood of beautifully crafted custom homes at Waterview acres close to downtown Chepachet. This thoughtfully designed 4 bed 2 1/2 bath home features an open concept floor plan, quality craftsmanship, energy efficient construction, sitting on a private .65 acre lot. Located in a new custom built neighborhood where 8 of 13 custom built surrounding homes have already been completed, valued at $1 million and over. This particular home offers qualified buyers the chance to own new construction in an exceptional setting available through a moderate income home ownership program. The buyer must meet income limitations based on their household size and this home will be subject to a long term deed restriction which limits the value of future resale price increases. The buyer must meet income limitations based on their household size, and this home will be subject to a long-term deed restriction which will limit the value of future resales. All requirements and information can be obtained.