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Nestled in Matunuck Hills, the storied estate known as Wave Hill is a turn-of-the-century sea captain's home made of stone-and-shingle that radiates timeless charm, privacy, and retreat-like tranquility. Set on 5. 5 acres of enchanting grounds, it feels like a hidden sanctuary yet is only minutes from the beach, village life, and coastal attractions. The home offers nearly 3, 900 square feet of living space with 6 bedrooms, 4 full and 2 half baths, designed for both large gatherings and quiet moments. A dramatic great room with a massive stone fireplace anchors the home, while the updated chef's kitchen and butler's pantry make entertaining seamless. Sun-filled rooms highlight hardwood floors, stone details, and serene views of Kettle Pond and the surrounding gardens. Wellness and comfort are woven throughout, with a heated saltwater pool, granite spa deck, sauna, vegetable gardens, koi pond, and whimsical pathways that create a fairytale setting. A guest suite with full bath above the garage provides additional living space, while fenced areas, and a goat barn add to the property's unique character, and potential for a small hobby farm. Whether envisioned as a coastal family compound, a creative retreat, or a private sanctuary for entertaining, Wave Hill blends old-world elegance with modern comforts, offering a lifestyle of beauty and connection to nature just moments from East Matunuck State Beach, Matunuck Oyster Bar, Wakefield Village, and scenic trails.
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$1,895,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $1,516,000 | $1,516,000 | $1,516,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.996% | 5.932% |
| Monthly Tax Payment | $1,385 | $1,385 | $1,385 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,254 | $8,968 | $12,589 |
| Total Monthly Payment | $9,764 | $10,478 | $14,099 |
* 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.