Did you ever dream of owning two vacation homes, one near the water within walking distance to a beach, and another quiet cabin somewhere in the mountains or woods where you are surrounded by natural beauty? This unique home is both! Tucked away on 2+ private acres in the coveted Indian Town Beach Association, it is a spacious custom-built post and beam timber frame with amenities that rival a country club resort. A lovely blue stone patio leads up to the wrap around cedar deck surrounding the house. There is an artesian spa that seats 6, an outdoor shower on the deck, and below, a 3200 ft. bentgrass golf green with lighting for nighttime golfing. The outdoor space that isn't landscaped is surrounded by mature trees, so there is plenty of wildlife for bird watchers and nature lovers to observe. Inside, you will appreciate why this house won a national design award. The first-floor great room features a soaring 19-foot ceiling, floor to ceiling windows, and a wood-burning fireplace. The chef's kitchen has custom poured concrete counters (look for the imbedded ammonites!), stainless steel appliances, a subway tile backsplash, island, and a sunny breakfast nook. A family room, bedroom, and full bath are also on the first level. Upstairs is a loft area perfect for getting lost in a good book, and a primary bedroom suite with radiant floor heating walk-in closets, and an ensuite bathroom radiant floor heating with a spacious steam shower and soaking tub. There is also a crow's loft that could serve as a spare bedroom, office, or studio, accessible from the hallway. Indian Town Beach Association with access to a private beach and marina are included.
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William Raveis Real Estate
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Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $860,000 | $860,000 | $860,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $609 | $609 | $609 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,551 | $5,019 | $7,027 |
| Total Monthly Payment | $5,285 | $5,753 | $7,761 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.