38 East Shore Avenue, Groton (Groton Long Point), CT, 06340 | $2,899,000

A Groton Long Point gem! This exceptional custom-built home on direct waterfront in beautiful Groton Long Point is available for a quick close. Move in and enjoy the summer. The direct water views and access to Fishers Island Sound are unparalleled, and it's a boaters dream! Breathtaking water views are enjoyed from nearly every room of the house. A gracious estate home exuding a stately design of simplified elegance. Sophisticated, classic, timeless - the perfect balance between casual elegance and timeless luxury is found in this unique residence. Well-proportioned rooms, high end finishes, custom craftsmanship, and exceptional amenities define this luxurious 5 Bedroom home. A large chefs kitchen, home theater, amazing home offices, private master bedroom suite, elevator to all three floors, separate bedroom suite on the main floor, beautiful home theater, and SO much more! This is a once in a lifetime opportunity to own an exceptional custom-built home on direct waterfront in beautiful sought-after Groton Long Point. Breathtaking water views are enjoyed from nearly every room of the house. Start your mornings with gorgeous sunrises and in the evenings savor the calm brilliance of coastal sunsets. In any season, so many wonderful activities are there to be enjoyed within walking distance of your front door: boating, fishing, kayaking, paddle boarding, tennis, pickle ball, putting and chipping, sailing, water skiing, beach volleyball, swimming, dining or long walks along the beach are just a few of the activities enjoyed in this wonderful private community. An unparalleled lifestyle can be enjoyed in this gracious estate home exuding a stately design of simplified, elegance, sophisticated, classic and timeless, the perfect balance between casual elegance and timeless luxury is found in this unique custom built home located in coveted Groton Long Point This extraordinary waterfront residence is surrounded by beautiful, mature specimens plantings, and it's privy to a full Southern exposure. Custom-built stone walls and gracious terraces, and a dramatic wraparound IPE deck are all integrated as part of this home's noteworthy design and of course, focused on it's amazing waterfront views. The professional landscaping and architectural accents and details reflect a home that is nothing short of breathtaking. This is a once in a lifetime opportunity to own an exceptional custom-built home on direct waterfront in beautiful Groton Long Point. The direct water views and access to Fishers Island Sound are unparalleled, and it's a boaters dream! Welcome to Groton Long Point, a very special beach community with amenities that the entire family will enjoy and direct access to Long Island sound. This exceptional home offers amazing water views from every room and the sunrise and sunsets are spectacular! Conveniently located between Boston and New York, and minutes to historic downtown Mystic, Stonington, Borough, and Rhode Island beaches. Don't miss this opportunity to experience the beauty of Groton Long Point, and New England coastal living.

Features

  • Town: Groton
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 4 full / 2 half
  • Laundry: Lower Level,Upper Level
  • Style: Colonial
  • Year Built: 2002
  • Garage: 2-car Under House Garage,Paved,Driveway
  • Heating: Hot Air
  • Cooling: Central Air,Zoned
  • Basement: Full
  • Above Grade Approx. Sq. Feet: 5,420
  • Acreage: 0.27
  • Est. Taxes: $63,054
  • Lot Desc: Corner Lot,Borders Open Space,Professionally Landscaped,Water View
  • Water Front: Yes
  • Elem. School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Fitch Senior
  • Appliances: Gas Cooktop,Gas Range,Counter Grill,Range Hood,Subzero,Dishwasher,Washer,Dryer,Wine Chiller
  • MLS#: 24010269
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /mls/24010269/38eastshoreavenue_groton_ct?source=qrflyer
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Room Information

Type Level
Bedroom 1 Main
Bedroom 2 Upper
Bedroom 3 Upper
Media Room Lower
Primary BR Suite Upper

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Nancy BuddLuxury Properties Specialist

203.984.8922

Nancy.Budd@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Gene RahillyInsurance Sales Director, William Raveis Insurance

917.494.9386

Gene.Rahilly@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

38 East Shore Avenue, Groton (Groton Long Point), CT, 06340

$2,899,000

Nancy Budd

Luxury Properties Specialist

William Raveis Real Estate

Phone: 203.984.8922

Nancy.Budd@raveis.com

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,319,200 $2,319,200 $2,319,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.377% 6.851% 6.664%
Monthly Tax Payment $5,255 $5,255 $5,255
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,905 $15,042 $20,203
Total Monthly Payment $19,284 $20,421 $25,582

* 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.