Discover elegance and privacy at this gated, 8+ acre estate featuring a 5, 200 square foot main house, poolside guest house, versatile detached studio, and barn. Gorgeous landscaping and mature trees frame this architecturally brilliant, custom-built home, which boasts 4 ensuite bedrooms, two half baths, 3 car garage, and exceptional finishes. Every detail of this exquisite home exemplifies unparalleled style, refinement, and luxury. The outdoor area is a true sanctuary, featuring a sparkling saltwater pool and jacuzzi with waterfall set within an expansive bluestone patio. Al fresco dining and entertaining are a must with the fully equipped outdoor kitchen. The pool house adds to the allure with its inviting living room featuring a gas fireplace, and also has a full kitchen, vaulted sleeping area, full bath, and outdoor shower. The artfully reimagined studio showcases working barn doors and reclaimed snow fence, which are creatively coupled with modern design elements including lighted, open glass stairs, custom wood & iron railings, and more. A half bath makes this space ideal as a home office, gym, artist's studio, or playroom. The barn with loft can be outfitted for horses, and offers terrific equipment storage. For those seeking more space, this property would make an unbelievable family compound, or may have subdivision potential. Located just minutes to Narragansett Pier, Torrey Meadows is a distinctive South County estate and a rare opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,999,000
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 | $3,999,200 | $3,999,200 | $3,999,200 |
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 | $2,098 | $2,098 | $2,098 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,707 | $24,624 | $33,210 |
Total Monthly Payment | $24,930 | $26,847 | $35,433 |
* 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.