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Set on 1. 98 acres just off West Beach Road, this exceptional Block Island property offers an unparalleled blend of space, privacy, and stunning natural beauty. A short walk brings you to the island's picturesque western coastline, while at home, you'll enjoy sweeping 180-degree water views and unforgettable sunsets from the comfort of your expansive deck. This three-level home offers over 3, 340 square feet of light-filled living space, with plenty of room for gathering and retreating. With a total of seven bedrooms and four and a half bathrooms, the home easily accommodates large families or groups of guests. The spacious kitchen is designed for entertaining, opening into generous dining and living areas that flow seamlessly outdoors. Step outside to a true island oasis: a large patio with a custom Tiki bar, perfect for summer evenings, and a hot tub for starlit soaking. A detached storage shed provides added convenience for beach gear and island essentials. With ample indoor and outdoor living space, panoramic views, and a sought-after West Side location, this is a rare opportunity to own a piece of Block Island paradise. Offered at $2, 295, 000.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,640,000 | $1,640,000 | $1,640,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.294% | 6.133% | 6.058% |
| Monthly Tax Payment | $751 | $751 | $751 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,056 | $9,833 | $13,729 |
| Total Monthly Payment | $9,932 | $10,709 | $14,605 |
* 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.