Introducing 25 Anawan Drive a pristinely maintained 4 bed/3. 5 bath Coastal Colonial graciously appointed on nearly an acre of manicured grounds in one of Narragansett's most sought-after waterfront neighborhoods, Anawan Cliffs. Completely renovated and reimagined in 2012 & 2024 with timeless design and SMART home technology. This modern home was built to take advantage of prime views of Narragansett Bay, Beavertail Lighthouse, and ocean beyond. This home has every summer amenity- 40'-ft heated saltwater pool, outdoor kitchen/patio, outdoor shower, and 25'x25' mahogany deck all maximize the splendor of coastal living. Grab your beach chair and walk to the Association Beach or simply enjoy the first-floor sunroom with floor to ceiling windows framing the picturesque waterfront as boats glide by. Enter to discover open concept living with hardwoods throughout. Centered at the heart of the home is a Chef's kitchen equipped with 48" WOLF Range/Oven, honed granite countertops, and Custom Cabinetry. French doors open to an ideal space for a private office or den with adjacent half bath. Upstairs find 4 bedrooms and 3 full bathrooms (2 ensuites). Water-facing primary bedroom with spa-like en-suite featuring dual showers and claw foot soaking tub. With easy access from the 2 car garage the renovated mudroom offers an ideal drop zone featuring Quartz countertops, ample storage, and laundry. 25 Anawan- a private, serene location with views & amenities that truly welcome you year-round.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500,000
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 | $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 | $824 | $824 | $824 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,031 | $16,563 | $23,064 |
Total Monthly Payment | $15,980 | $17,512 | $24,013 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.