150 Southern Way, Charlestown, RI, 02813 | $7,245,000

This architect-designed waterfront sanctuary, elevated more than 11 feet above sea level, presents a captivating blend of style and tranquility on the shores of Ninigret Pond. Marvel at sweeping panoramic vistas that greet you from virtually every room, including the primary suite occupying the entire third floor. Spanning over 6000 square feet of meticulously designed living space, this home boasts three full baths, one half bath, and an expansive gourmet kitchen. Exceptionally sited at the end of a secluded cul-de-sac, this generous property offers more than two acres of land at the tip of Marsh Point, ensuring unparalleled privacy. Delight in breathtaking sunsets, sunrises and summer weekend Watch Hill firework from your own coastal oasis, complete with a modern pool and a personal 50+ foot dock providing direct ocean access. Thoughtful renovations and additions have transformed this sun-drenched abode into an inviting retreat with multiple entertainment spaces both indoors and out. From birdwatching at the nearby Ninigret National Wildlife Refuge to unmatched stargazing courtesy of Charlestown's Dark Sky Ordinance, every moment here is a celebration of nature's wonders. With convenient access to kayaking, paddle boarding, fishing, clamming, and oyster farms, as well as the Atlantic Ocean via the Charlestown Breachway, this residence is coastal living at its finest. Don't miss this rare opportunity to make South County's most spectacular views your front yard.

Features

  • Rooms: 12
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Style: Contemporary
  • Year Built: 1986
  • Garage: 3-car Attached,Garage
  • Heating: Baseboard,Electric,Hot Water,Oil,Radiant,Zoned
  • Cooling: None,1 Unit
  • Basement: None
  • Approx Sq. Feet: 6,023
  • Acreage: 2.09
  • Est. Taxes: $40,862
  • Lot Desc: Private,Secluded,Waterfront
  • View: Saltwater,Water
  • Appliances: Dryer,Dishwasher,Oven,Oil Water Heater,Range,Refrigerator,Trash Compactor,Water Heater,Washer
  • MLS#: 1354551
  • Website: https://www.raveis.com
    /eprop/1354551/150southernway_charlestown_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Teri Degnan RE & Consulting   Phone: 401-619-8222

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

150 Southern Way, Charlestown, RI, 02813

$7,245,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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 $5,796,000 $5,796,000 $5,796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.377% 6.851% 6.664%
Monthly Tax Payment $3,405 $3,405 $3,405
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $34,750 $37,593 $50,489
Total Monthly Payment $38,280 $41,123 $54,019

* 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.