42 Thornton Way, North Kingstown, RI, 02852 | $17,000,000

Presenting for the first time, Sprawling Oaks. A incomparable trophy property and expansive private gated compound surrounded by hundreds of acres of conservation land. Offering a combination of tranquility, luxury, resort style amenities with stunning architecture and unparalleled design. The main house has been completely reimagined by high-end firm Blakely Interior Design. It features a one-of-a-kind glass 200 bottle climate controlled wine room by Amuneal. A spiral staircase is illuminated by a two story hand-blown 28 globe light sculpture. The kitchen features custom walnut cabinetry with dual Waterstone faucets. The floor to ceiling windows offer beautiful natural light and expansive views of your 7 acre estate with specimen trees and mature plantings. This is the ultimate entertainer's paradise. Outdoor features include an in-ground saltwater swimming pool and cabana equipped with 2 kitchens, bathroom and laundry. A helipad, turf playground area, in-ground trampoline, chic chicken coop, stone pizza oven, outdoor sauna and 20+ koi fish pond complete the grounds. Separate studio perfect for office, yoga or artists space. Additional highlights are a swanky home theater, elevator and state of the art security system. A four bay garage, ideal for car collections and separate industrial garage can house utility vehicles or boats. Close to private aviation and Rhode Island's best beaches. Sold fully furnished with pieces of the highest quality from Holly Hunt, Baker & more.

Features

  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s),Clubhouse
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 4 full / 2 half
  • Style: Contemporary,Colonial
  • Year Built: 2007
  • Garage: 7-car Attached,Built In,Detached,Garage,Garage Door Opener
  • Heating: Electric,Forced Air,Gas,Heat Pump,Radiant,Zoned
  • Cooling: Central Air,Heat Pump
  • Basement: Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 8,264
  • Acreage: 7.29
  • Est. Taxes: $22,652
  • Lot Desc: Cul-De-Sac,Private,Paved,Secluded,Sprinkler System,Wooded
  • Appliances: Dryer,Dishwasher,Electric Water Heater,Disposal,Microwave,Oven,Range,Refrigerator,Range Hood,Washer
  • MLS#: 1367408
  • Website: https://www.raveis.com
    /eprop/1367408/42thorntonway_northkingstown_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 Mott & Chace Sotheby's Intl.   Phone: 401-789-8899

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

42 Thornton Way, North Kingstown, RI, 02852

$17,000,000

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 $13,600,000 $13,600,000 $13,600,000
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 $1,888 $1,888 $1,888
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $73,008 $80,449 $112,028
Total Monthly Payment $75,021 $82,462 $114,041

* 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.