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727 Boston Neck Road, Narragansett, RI, 02882 | $5,990,000
Rare Coastal Offering with Unmatched Waterfront Views of Narragansett Bay and Exceptional Privacy Presenting a truly rare opportunity to own one of the most coveted and panoramic vistas in all of Narragansett. From this elevated, private setting, enjoy sweeping views of Bonnet Beach, Jamestown, and the Majestic Newport Bridge an extraordinary coastal panorama few will ever experience. Set apart from the bustle of neighborhood living, this serene property is uniquely nestled by over 7 acres of protected parkland, ensuring unmatched privacy and natural beauty. Whether envisioned as a year-round sanctuary or an idyllic summer retreat, this is a setting where tranquility reigns overlooking Narragansett's most beautiful vistas. Begin each day with radiant sunrises shimmering over the Bay, and savor a front-row seat to the daily rhythm of sailboats and sea breezes. By night enjoy the twinkling lights of the Newport Bridge and homes across the Bay. Savor soothing sounds of the waterfront and the surrounding quiet create a peaceful, timeless escape. This is a once-in-a-multi generation chance to design and build your dream home in an unparalleled location or thoughtfully renovate the existing midcentury modern residence to reflect your personal vision. The land, the view, and the privacy combine to offer an extraordinary foundation for your ideal coastal home. Conveniently located 1/2 hr to Green Airport, 1. 5 hours to Boston and 3 hours to NYC.
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Other,Public Transportation,Recreation Area,Restaurant,Shopping,See Remarks,Tennis Court(s)
- Bedrooms: 5
- Baths: 5 full / 1 half
- Style: Contemporary
- Year Built: 1969
- Garage: 2-car Attached,Garage
- Heating: Gas
- Cooling: None
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Approx Sq. Feet: 4,456
- Est. Taxes: $20,350
- Lot Desc: Waterfront
- View: Water
- Appliances: Common Water Heater
- MLS#: 1400646
- Website: https://www.raveis.com
/eprop/1400646/727bostonneckroad_narragansett_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
- Showcase your home on raveis.com with a larger and more prominent format
- 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
727 Boston Neck Road, Narragansett, RI, 02882
$5,990,000
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 | $4,792,000 | $4,792,000 | $4,792,000 |
| 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% | 5.932% |
| Monthly Tax Payment | $1,696 | $1,696 | $1,696 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $26,092 | $28,730 | $39,793 |
| Total Monthly Payment | $27,913 | $30,551 | $41,614 |
* 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