43 Avondale Road, Westerly, RI, 02891 | $7,500,000

This extraordinary waterfront home ensconced in beauty in Avondale is being offered for sale for the first time in many years. You will be enamored with this impressive home which was originally built in 1789 and artfully restored to perfection. Floor to ceiling glass allows for gorgeous natural light to flow throughout while featuring astounding water views. Adding to the perfection is a deep-water dock. Located on Avondale Road, this home encompasses the true seaside coastal experience with 3 marinas to enjoy the endless beauty of magnificent yachts and boats sailing by on the Pawcatuck River to the Atlantic Ocean. Grab your boat off your own dock and off you go to dinner in Watch Hill or to Block Island Fisher Island or Montauk and beyond. The home provides three levels of well-appointed space for family and guests with five bedrooms and four- and one-half baths, plus an office and breathtaking craftsmanship throughout. The second level has an open concept with a fabulous kitchen and French doors leading to a deck (with an awning) to enjoy barbecues while watching the boats sail by. The entire third floor is the primary suite- what a way to wake up gazing at the water and enjoy coffee on your deck. Solar energy efficiency only adds to the many amenities this gorgeous home has to offer. The gardens and flowers are exquisitely picture perfect. This is truly an extraordinary coastal retreat yet designed to be enjoyed all year round!

Features

  • Rooms: 12
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Style: Contemporary
  • Year Built: 1789
  • Garage: 3-car Built In
  • Heating: Forced Air,Heat Pump,Propane,Solar
  • Cooling: Central Air
  • Basement: Crawl Space,Exterior Entry,Interior Entry,Unfinished
  • Approx Sq. Feet: 5,203
  • Acreage: 0.83
  • Est. Taxes: $33,800
  • Lot Desc: Waterfront
  • View: Saltwater,Water
  • Appliances: Oil Water Heater
  • MLS#: 1360706
  • Website: https://www.raveis.com
    /eprop/1360706/43avondaleroad_westerly_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Lila Delman Compass   Phone: 401-348-1999

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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

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

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@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

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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

43 Avondale Road, Westerly, RI, 02891

$7,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.474.4879

Whitney.Rugg@raveis.com

NMLS Mortgage Loan Originator ID 7654

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $6,000,000 $6,000,000 $6,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.055% 6.234% 5.805%
Monthly Tax Payment $2,817 $2,817 $2,817
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $33,598 $36,457 $49,424
Total Monthly Payment $36,540 $39,399 $52,366

* 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.