Enjoy the ultimate privacy and luxury on this historic island estate in the center of Davis Shores. Originally built in 1917 as the Buccaneer Lodge, this estate home, with its casual elegance was lovingly and meticulously restored in 2017 with today's amenities while maintaining the charm and character of yesteryear. This 1. 99 acre property is gated and surrounded by lush grounds, offering a peaceful retreat from the outside world. The estate features guest quarters for visitors or generational living, an event room for entertaining, a sparkling pool for relaxation, and a spacious garage for all your vehicles and storage needs. With the first floor allowing common living space, the second floor provides a wing with two ensuite primary bedrooms with spacious closets and large bathrooms. In addition, the south wing provides a third bedroom with its own bath/walk-in closet and a spiral staircase leading to the loft and 4th bedroom, media room or play space. Live the good life in this special of of a kind property allowing for a private family retreat, short term rental or multigenerational family living space, this unique property has a range of uses. Take a tour of this magnificent property and see for yourself the beauty and tranquility that awaits you on your own private island estate in Davis Shores.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,895,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,316,000 | $2,316,000 | $2,316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.864% | 7.058% |
Monthly Tax Payment | $2,284 | $2,284 | $2,284 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,022 | $15,022 | $20,495 |
Total Monthly Payment | $17,431 | $17,431 | $22,904 |
* 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.