Waterfront sanctuary, elevated more than 11 feet above sea level, presents a captivating blend of style and tranquility on the shores of Ninigret Pond. Marvel at sweeping panoramic vistas that greet you from virtually every room, including the primary suite occupying the entire third floor. Spanning over 6000 square feet of meticulously designed living space, this home boasts three full baths, one half bath, and an expansive gourmet kitchen. Exceptionally sited at the end of a secluded cul-de-sac, this generous property offers more than two acres of land at the tip of Marsh Point, ensuring unparalleled privacy. Delight in breathtaking sunsets, sunrises and summer weekend Watch Hill firework from your own coastal oasis, complete with a modern pool and a personal 50+ foot dock providing direct ocean access. Thoughtful renovations and additions have transformed this sun-drenched abode into an inviting retreat with multiple entertainment spaces both indoors and out. From birdwatching at the nearby Ninigret National Wildlife Refuge to unmatched stargazing courtesy of Charlestown's Dark Sky Ordinance, every moment here is a celebration of nature's wonders. With convenient access to kayaking, paddle boarding, fishing, clamming, and oyster farms, as well as the Atlantic Ocean via the Charlestown Breachway, this residence is coastal living at its finest. Don't miss this rare opportunity to make South County's most spectacular views your front yard.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,200,000
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 | $4,960,000 | $4,960,000 | $4,960,000 |
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 | $3,429 | $3,429 | $3,429 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,162 | $30,540 | $41,188 |
Total Monthly Payment | $31,716 | $34,094 | $44,742 |
* 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.