A stunning waterfront English Revival mansion offering an enchanting world of its own to explore - the amenities of a five-star resort within 12. 29 sprawling acres, privately sheltered by unbroken forest and 611 feet of crushed shell beach shoreline on one of the largest waterfront parcels in Rhode Island. Located in the private and gated enclave of luxury residences that is Poppasquash Point, and encapsulating the most breathtaking 270 degree panoramic views of Narragansett Bay framed by historic downtown Bristol to the east, the yachting channel stretching to the southern most tip of Newport, and Bristol harbor's forest of white sails to the north. Designed by Wallis Howe circa 1939 and meticulously maintained, the Manor features 10 bedrooms, multiple ensuites, a waterfront balcony, a professional kitchen, oversized dining and living rooms, a wonderful variety of entertaining spaces, all with unobstructed water views and period details such as custom wood paneling and hand-carved millwork. A sports enthusiast's paradise, this vast country estate includes a world class tennis court, a 4 stall horse barn, an oversized pool deck, spa, gym, wine cellar, cutting room, moorings, and a bicycle ride away from the picturesque hamlet of downtown historic Bristol, rich in museums, parks, and seaside cafes. Traveling from the property by yacht yields unlimited adventures, and if you prefer a faster pace, take to the air from your private helistop. Dock permit in hand.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$7,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $5,960,000 | $5,960,000 | $5,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $6,402 | $6,402 | $6,402 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,840 | $36,697 | $49,492 |
Total Monthly Payment | $40,367 | $43,224 | $56,019 |
* 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.