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2040 East Main Road, Portsmouth, RI, 02871 | $2,325,000
Welcome to High Point, a thoughtfully reimagined and rebuilt home on Aquidneck Island, offering modern comfort and privacy. Set back from the road, this property provides an oasis-like setting with beautiful sunset views of Narragansett Bay, yet remains just minutes from Newport, local beaches, golf, and dining.
The open-concept interior features a gourmet kitchen with custom island, high-end appliances, and designer finishes. Living and dining areas flow naturally for everyday life or entertaining, while the second-floor primary suite includes a spa-like bath with soaking tub and walk-in shower. Two additional bedrooms and a full bath with laundry offer comfortable accommodations for family and guests.
Outside, enjoy a pool and spa, landscaped grounds, and a mahogany deck with dining and lounge areas. A separate guest suite overlooking the pool includes a private entrance, patio, and rooftop deck with distant bay views, vaulted ceilings, kitchenette, full bath, and laundry for visitors or extended family.
Sellers are upgrading the septic system to 4-bedroom capacity, enhancing flexibility for family or guests. High Point blends style, comfort, and convenience an inviting retreat for year-round living or a seasonal escape.
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping
- Rooms: 10
- Bedrooms: 4
- Baths: 3 full / 1 half
- Style: Contemporary
- Year Built: 1989
- Garage: 2-car Attached,Garage,Garage Door Opener
- Heating: Electric,Forced Air,Heat Pump,Zoned
- Cooling: Central Air,Ductless
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Approx Sq. Feet: 3,360
- Acreage: 0.54
- Est. Taxes: $7,732
- View: Saltwater,Water
- Appliances: Dryer,Dishwasher,Exhaust Fan,Electric Water Heater,Microwave,Oven,Range,Refrigerator,Water Heater,Washer
- MLS#: 1395690
- Website: https://www.raveis.com
/eprop/1395690/2040eastmainroad_portsmouth_ri?source=qrflyer
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William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@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
2040 East Main Road, Portsmouth, RI, 02871
$2,325,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,860,000 | $1,860,000 | $1,860,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | $644 | $644 | $644 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,127 | $11,152 | $15,446 |
| Total Monthly Payment | $10,896 | $11,921 | $16,215 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB