Welcome to your dream coastal retreat on coveted Fifth Avenue, nestled in the heart of picturesque Laurel Beach. This enchanting 4-bdrm, 2-bth beach house boasts a perfect blend of classic charm and modern comfort, offering a serene escape w/water views and steps to private sandy Laurel Beach. Step inside to discover charm galore with elegant hw floors throughout, enhancing the home's inviting atmosphere. This bright light and breezy living area features a stunning stone fireplace which is perfect for cozying up on cool evenings. A full dining rm and a flexible floor plan includes a first-floor bedroom which is currently used as a family rm, ideal for single-level living if desired. The second level is dedicated to a master suite, complete with a sitting room or office area and water views from the upper porch. This level also includes an quaint bedroom and a guest room with high ceilings and transom windows, enhancing the light and airy feel of the space. The heart of the home extends to the outdoors. Relax on the charming front porch, where you can soak in some water views, or retreat to the upper porch or office space, both offering delightful perspectives of the tranquil shoreline. Enjoy exclusive access to a beautiful private sandy beach with a convenient walkway along the water's edge-ideal for morning strolls or sun-soaked afternoons. Entertain effortlessly on the back deck, complete with an outdoor bar, or unwind in the fenced-in yard with a patio and outdoor shower. This property is perfectly positioned across from open land, ensuring unobstructed views and added privacy. As a resident, you'll also benefit from association amenities including tennis and pickleball courts, and a clubhouse for social gatherings. Don't miss the chance to own this exceptional beach house-where everyday feels like a vacation. Make this coastal paradise your new home!
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Bedroom 2 | Upper | |
Primary Bedroom | Walk-In Closet | Main |
Primary BR Suite | Upper |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $1,029 | $1,029 | $1,029 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,920 | $4,310 | $5,813 |
Total Monthly Payment | $5,041 | $5,431 | $6,934 |
* 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.