Exquisite waterfront shingle-style home with expansive westerly & southerly views of Narragansett Bay from virtually all rooms. Offering 3 floors of gracious living, this residence benefits from superb millwork, extensive wainscoting, coffered ceilings, built-in cabinetry & beautiful maple hardwood floors. The great room features a striking fireplace, coffered ceiling & a large dining area with a wall of windows offering sparkling water views. The library has an illuminated Tiffany stained glass panel over the fireplace. The recently updated gourmet eat-in kitchen offers high-end appliances, quartz countertops, custom cabinetry, 2 large islands, wine refrigerator & bar stool seating. The den is casual yet refined with a newly added bar area, exposed beam ceiling & fireplace which leads to a 3 season porch with fireplace. The kitchen, den & porch all benefit from water views. The gracious 1st floor master suite features a Palladian window overlooking the bay. The master bathroom has a large shower, sumptuous soaking tub, double sinks, 2 WC's & spacious walk-in closets. There are 4 large en-suite bedrooms on the 2nd floor with most benefiting from water views. The walk-out lower level provides ample space for a pool table, bar, media room, gym, full bathroom, storage & utilities. Set on 1. 7 acres within a private gated estate, the buyer may choose to join the Aquidneck Club to enjoy its golf course, tennis courts, marina, restaurant & equestrian facilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
William Raveis Real Estate
VP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||6.625%||7.375%||7.250%|
|Interest Rate based on Index + Margin||7.875%|
|Annual Percentage Rate||7.632%||7.480%||7.418%|
|Monthly Tax Payment||$5,061||$5,061||$5,061|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$35,345||$38,125||$50,390|
|Total Monthly Payment||$40,531||$43,311||$55,576|
* 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.