Set to be delivered in 2025, 6 Tautemo Way is a stunning contemporary beach house perched on an elevated lot, offering breathtaking views of the Atlantic Ocean, Hummock Pond, and vast stretches of Conservation Land. This exceptional new construction is under 300 yards from Cisco Beach, one of the island's most desired destinations, and offers easy access to historic downtown Nantucket. The coastal home was thoughtfully conceived and designed to take advantage of the amazing views and is being developed by one of the island's premier teams: Concept Design Architects, Off Shore Development, and Elisa Allen Design. The estate will feature a main house, a heated 18 x 36 gunite pool with sunken 8 x 8 spa surrounded by Bluestone coping and IPE decking, a pool cabana with outdoor kitchen, bar and half bath with convenient access to outdoor shower and, a stand alone 200 sq ft garage for your island vehicle. The main house boasts over 5, 500 sq. ft. of luxurious living space across three levels, comprising of 4 bedrooms, 5 full baths, and 3 half baths. Only the finest materials and skilled craftsmen have been employed to create this remarkable property. The interior will showcase exquisite lighting from the Nantucket Light Shop, premium plumbing fixtures from the Nantucket Water Closet, and beautiful stone and tile from the Nantucket Tile Room. Additionally, the home will feature a fully integrated Sonos sound system with indoor and outdoor speakers, all controllable via phone, tablet, or dedicated panels throughout. Amplified Wi-Fi will be available throughout the house, along with a PEV charger and a backup generator for added convenience. A furniture package from Nantucket Looms is available at an additional expense. Easy access to Cisco Beach, Hummock Pond Bike Path, Bartlett Farm, Cisco Brewery, Miacomet Golf Club, 167 Raw Seafood, and historic downtown Nantucket.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$11,700,000
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
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $9,360,000 | $9,360,000 | $9,360,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $52,413 | $57,631 | $77,726 |
Total Monthly Payment | $52,538 | $57,756 | $77,851 |
* 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.