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This extraordinary waterfront estate, set perfectly on 3. 9 acres overlooking Narragansett Bay, redefines luxury, coastal living. The meticulously reimagined residence, following a stunning three-year remodel, offers over 13, 500 sq feet with seven bedrooms and 12 bathrooms - marrying unparalleled sophistication with cutting edge amenities. An extraordinary blend of waterfront elegance, comfort, and functionality, the home is designed for the discerning homeowner with a passion for entertaining and life by the water. The interior finishes are breathtaking and include details such as a 6x15 Danby marble island and stone glass countertops in the Chef's kitchen, custom 8" white oak hardwood flooring with radiant heat on the entire main floor and an opulent Primary suite that offers serenity with soaring ceilings, and natural light with views of the sparkling bay. The entire house offers Smart home technology with a fully integrated Lutron automated lighting, Sonos Sound system and a state of the art security system. The exterior offers resort living with a new 20x50 ft infinity pool and spa, a grand cabana with a fireplace and a lighted tennis/pickleball court. This is truly a property that is the pinnacle of waterfront luxury living in Rhode Island with access to Newport, Providence and all the Ocean State has to offer.
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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 | $9,600,000 | $9,600,000 | $9,600,000 |
| 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 | $8,149 | $8,149 | $8,149 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $53,012 | $57,557 | $80,363 |
| Total Monthly Payment | $61,286 | $65,831 | $88,637 |
* 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.