*NEW ROOF and HVAC* Nestled within a coastal paradise, just one block from the sparkling Intracoastal Waterway and a short stroll or golf cart ride from the sun-kissed sands of Butler beach, this extraordinary 5-bedroom, 5-bathroom estate embodies the epitome of luxurious coastal living. Welcome to your own private haven where every day feels like a vacation! As you stroll through the garden pathway, a sense of serenity envelops you, enhanced by the gentle sea breeze and the tranquil ambiance of the meticulously landscaped grounds. Step into the heart of the home, where soaring ceilings and an abundance of natural light create an inviting atmosphere, seamlessly blending indoor and outdoor living spaces. The gourmet kitchen, equipped with top-of-the-line appliances, granite countertops, and custom cabinetry, serves as the culinary hub of the home, a perfect setting for creating gourmet meals to be enjoyed in the adjacent dining area or alfresco on the sprawling deck. Entertain guests with ease in the resort-style backyard oasis, complete with a sparkling saltwater pool, rejuvenating hot tub, and a spacious patio area ideal for hosting gatherings under the warm coastal sun. Retreat to the cabana for shade and relaxation, or indulge in the convenience of the outdoor shower after a day of beachcombing. For ultimate privacy and convenience, the property features a separate guest house or mother-in-law suite, providing a serene retreat for guests and offering a unique opportunity to generate income as a short term vacation rental or long term rental for years to come. While it currently serves as a workshop/office, the possibilities are endless with such an attractive addition to this estate. With ample space for boat and RV parking, as well as plenty of room to store all your outdoor toys, this home is truly a coastal enthusiast's dream. Embrace the coastal lifestyle and embark on aquatic adventures with ease, knowing that your serene retreat awaits your return. Located in a coveted non-HOA neighborhood renowned for its tranquility and proximity to outdoor recreation, dining, and entertainment options, this home offers the perfect balance of seclusion and convenience—a rare opportunity to experience coastal living at its finest. Don't miss your chance to own this slice of paradise—schedule your private showing today and make your coastal dreams a reality!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,160,000 | $1,160,000 | $1,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $443 | $443 | $443 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,428 | $7,428 | $10,185 |
Total Monthly Payment | $7,996 | $7,996 | $10,753 |
* 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.