An extraordinary opportunity awaits near the prestigious New York Yacht Club. Perched above Newport Harbor, this home offers breathtaking panoramic views of downtown, Narragansett Bay, Ida Lewis, Fort Adams, and the iconic Newport Bridge.
This 4-bedroom, 4. 5-bathroom residence features exquisite living spaces perfect for entertaining and savoring the views. The recently renovated custom entertainment kitchen is a culinary dream, with quartz countertops, a gas stove, a Sub-Zero refrigerator, a wet bar, and a dedicated coffee area.
Renovations include remodeled bathrooms, new paint throughout the first and second floors, and refinished hardwoods. The generously sized primary suite, overlooking the waterfront, offers a serene sitting room with a wet bar and a spa-like bathroom with a deep soaking tub, dual sinks, and a private sauna.
The outdoor space is a true oasis with a heated pool, jacuzzi, and pool house. In 2024, the exterior of the house and pool house were freshly painted, enhancing the estate's charm and curb appeal.
Additional highlights include three fireplaces, a finished basement, ample parking with a gracefully curved driveway, and a 2-car garage.
This prime location with 180-degree water views offers a lifestyle like no other, with potential for expansion and customization to make it your own.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,750,000
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 | $5,400,000 | $5,400,000 | $5,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $3,552 | $3,552 | $3,552 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,661 | $33,689 | $45,204 |
Total Monthly Payment | $34,338 | $37,366 | $48,881 |
* 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.