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Welcome to the Ocean House Penthouse, the most expansive and sought-after residence within this iconic resort & among the finest and rare luxury offerings in all of New England. This extraordinary home features three beautifully appointed en-suite bedrooms, a formal dining room with sweeping ocean views, a spacious fully equipped dine-in kitchen, two elegant living rooms, a media room/den, and a laundry closet.
An additional 2164 sq. feet of outdoor living space unfolds on the private terrace, offering unobstructed views of the Atlantic Ocean and Little Narragansett Bay. Designed for both entertaining & relaxation, the terrace includes an outdoor kitchen w/grill, lounge area, bathroom, & distinctive gazebo with temperature-controlled flooring seamlessly connecting indoor & outdoor living.
The primary suite is a serene retreat featuring a king-size bed and a spa-inspired bath with beach-stone shower flooring & a deep soaking tub. Two guest bedrooms, one with a king bed and the other with two double beds, offer private en-suite baths with walk-in showers. The open kitchen is both elegant and functional, complete with a pantry, state-of-the-art Viking appliances, and granite island w/seating.
Ownership includes full membership to the Ocean House Club, providing exclusive access to the Ocean Beach, Dune Cottage with full dining, members-only club room, a lap pool, fitness center, spa, wine cellar, and tasting room offering an unparalleled coastal lifestyle in Watch Hill.
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Our Executive Mortgage Banker:
Our Insurance Division:
$20,000,000
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 | $16,000,000 | $16,000,000 | $16,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | $6,171 | $6,171 | $6,171 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $85,891 | $93,372 | $130,733 |
| Total Monthly Payment | $92,187 | $99,668 | $137,029 |
* 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.