Build your dream home along the island's coastal scenic shoreline on Indian Avenue. This peaceful one-acre parcel of land, offering glorious sunrises, amid other estate residences along the water is the perfect setting for tranquility and serenity. Architectural plans in hand for a 4200 square foot, four bed, four-and-a-half bath home with walk-out basement and beautiful space for a pool and outdoor terrace space, while enjoying evening sunsets. DEM approved ISDS 4 bed septic system in hand.Close proximity to salt water access and Pebble Beach. Local vineyards and farmlands nearby. Minutes to the island's local ocean beaches , and a short distance from the hustle and bustle of downtown Newport.
Subdivision:
Indian Avenue / South Portsmouth
Permitted Use
Single Family
Utilities
Municipal Utilities,Water Connected,Water Available
Amenities:
Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
0 Indian Avenue, Portsmouth, RI, 02871
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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