Step into this meticulously cared-for gem in the heart of Point Judith, offering unparalleled versatility. Whether you're seeking a primary residence, beach house, or rental property (with both academic and seasonal potential), this home delivers. Abutting 30+ acres of untouched land, it provides serene privacy with ocean views and a secluded backyard oasis, perfect for relaxing or entertaining. The open floor plan is ideal for gatherings, complemented by hardwood floors throughout. At the heart of this home is a modern kitchen featuring a large island with leather-finished granite, perfect for both casual meals and hosting. Upstairs, the second floor includes two spacious bedrooms. The main bedroom offers a peaceful retreat with an ensuite bathroom and sliders leading to a private balcony, while a generous guest bedroom and well-appointed guest bath complete the space. The versatile third floor can adapt to your lifestyle. Whether you need a home office with ocean and Block Island views or a tree-top bunk room, this flexible space delivers. Step outside to your beautifully landscaped yard, an inviting retreat to enjoy the ocean air. An outdoor shower adds convenience after a day at the beach. Just a block from local favorites like Aunt Carrie's and Iggy's, and a short walk to the iconic Point Judith Lighthouse, this home places you at the heart of South County's finest coastal living. Don't miss this opportunity buy now and be ready for the 2025 beach season!
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Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
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 | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $379 | $379 | $379 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,368 | $4,739 | $6,425 |
Total Monthly Payment | $4,839 | $5,210 | $6,896 |
* 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.