586 Nanaquaket Road, Tiverton, RI, 02878 | $3,500,000

Discover South Coast luxury with this custom-designed waterfront home on Nanaquaket Pond, perfectly situated on nearly 2. 5 acres in desirable South Tiverton. Step inside this coastal oasis to find a convenient first-floor bedroom suite, perfect for guests or single-level living. The open floor plan offers unobstructed water views from the dining area, living room, and expansive kitchen. A chef's dream, the kitchen boasts commercial-grade appliances, a large center island, and sophisticated rose gold hardware. Upstairs, the spacious primary suite features a private balcony, impressive walk-in closets with custom built-ins, and a luxurious bathroom with double vanities, a large shower, and a gorgeous soaking tub overlooking the pond. Additionally, there are two more bedrooms with ensuite bathrooms, a family room, and a convenient laundry room. The screened-in sun porch, complete with a hot tub, fireplace, and TV, is perfect for entertaining. An expansive driveway and attached three-car garage provide plenty of parking for family and friends. You'll appreciate the included private mooring your gateway to fun on Nanaquaket Pond: Boating, waterskiing, kayaking, and paddleboarding at your doorstep! Easy access to the Sakonnet River through the pond via boat. Take in the serene beauty of Little Compton and the charm of Four Corners, while being conveniently close to all that Aquidneck Island has to offer from this location. Easy access to Route 24. Shown by appointment only.

Features

  • Amenities: Golf,Marina,Recreation Area,Restaurant
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Style: Colonial
  • Year Built: 2018
  • Garage: 3-car Attached,Garage,Garage Door Opener
  • Heating: Electric,Forced Air,Propane
  • Cooling: Central Air
  • Basement: Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 5,321
  • Acreage: 2.45
  • Est. Taxes: $23,834
  • Lot Desc: Waterfront
  • View: Water
  • Appliances: Dryer,Dishwasher,Electric Water Heater,Microwave,Oven,Range,Refrigerator,Range Hood,Washer
  • MLS#: 1365307
  • Website: https://www.raveis.com
    /eprop/1365307/586nanaquaketroad_tiverton_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 Hogan Associates Christie's   Phone: 401-845-9500

William Raveis Family of Services

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Customer Service

888.699.8876

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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
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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
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586 Nanaquaket Road, Tiverton, RI, 02878

$3,500,000

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 $2,800,000 $2,800,000 $2,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $1,986 $1,986 $1,986
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,031 $16,563 $23,064
Total Monthly Payment $17,142 $18,674 $25,175

* 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.