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Stunning British Colonial estate in serene Point Manalapan. This elegant and inviting 5BR/5. 2BA home is situated on a fantastic, lakefront lot and features breathtaking views of the Intracoastal. Gracious floorplan with welcoming, double height reception room, formal dining room, and spacious great room. Gourmet kitchen with large island, top-of-the-line appliances, and butler's pantry. Expansive primary wing complete with sitting area, dual walk-in closets, large bath with dual vanities, and fabulous covered balcony with stunning water views. Gorgeous outdoor spaces with covered loggia that spans the entire back of the home, summer kitchen, pool with spa, and lush tropical landscaping giving the home a relaxing, resort-style feel. Recently renovated boat dock with two lifts, including a 30, 000lb primary lift, and direct ocean access through the Boynton Beach inlet, perfect for the avid boater. Additional highlights include elevator, first and second floor laundry rooms, upstairs living area, and 3-car garage. Recently installed new whole house WiFi and Sonos systems, and numerous other improvements. Point Manalapan is a unique community, featuring both a 24/7 guard gate operated under the Manalapan Police Department, and a no-wait, no-fees membership to the La Coquille Club, which is part of the luxurious and beautifully upgraded Eau Palm Beach hotel.
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$13,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $11,196,000 | $11,196,000 | $11,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.046% | 5.846% | 5.700% |
| Monthly Tax Payment | $6,946 | $6,946 | $6,946 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $61,825 | $65,337 | $91,481 |
| Total Monthly Payment | $68,896 | $72,408 | $98,552 |
* 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.