Discover an unparalleled opportunity with this expansive bayfront property in Long Beach. Boasting an enviable location on a spacious corner lot, the residence offers breathtaking views of Reynolds Channel, the city skyline, and mesmerizing sunsets. The home comes with exclusive private docking rights, allowing you to embrace the waterfront lifestyle fully. The first floor welcomes you with a grand entry hall, a 3-car garage featuring a charging port for electric vehicles, ample storage closets, an elevator, and plumbing ready for a bath installation. Step outside to an incredibly large outdoor patio, part of which is covered, creating the perfect space for entertaining. On the second floor, indulge in the joys of a chef's dream kitchen, equipped with top-of-the-line appliances such as Subzero, Wolf Oven Range, and Miele appliances. This floor also encompasses a spacious living room/den, formal dining room, media room, guest bedroom with an ensuite bath, a convenient 1/2 bath, and an additional cabana bathroom. The elevator ensures easy access to all levels. Moving up to the third floor, the opulent primary bedroom suite awaits, complete with an adjoining office and fitness area. A wet wine bar adds an extra touch of luxury, while a deck provides astounding views. Alongside the primary suite, you'll find one bedroom, one bath, and two Jack & Jill bedrooms with a shared bath, plus a delightful children's playroom with a hidden door for added fun and intrigue! Finally, the fourth floor crowns this marvelous abode with an incredible rooftop deck featuring durable Trek flooring, where you can soak in panoramic vistas. With an impressive 63x145 water frontage, including a dock and floating dock, as well as convenient jet ski ramps, this property beckons you to embrace the bayfront lifestyle to the fullest. Seize the opportunity to make this unparalleled oasis your new home by the bay!
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William Raveis Real Estate
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Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,799,100 | $4,799,100 | $4,799,100 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | $3,742 | $3,742 | $3,742 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $29,160 | $31,527 | $42,136 |
Total Monthly Payment | $33,027 | $35,394 | $46,003 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.