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Waterfront living at its finest on sought-after Waterman's Lake in Glocester, RI. This exceptional home offers breathtaking water views and direct access to a fully recreational lake perfect for boating, fishing, kayaking, swimming, and water skiing right from your own backyard. The exterior showcases premium, low-maintenance materials including Everlast composite siding on the front and rear, Azek trim around all windows and doors, copper exterior lighting, Trex decking, and a Unilock paver patio ideal for entertaining. A substantial 115-foot stone retaining wall was completely rebuilt at the time of purchase, adding both beauty and peace of mind. Inside, the home features wide-plank 6 engineered white oak hardwood floors on the main level and thoughtfully selected finishes throughout. The kitchen and bathrooms are appointed with quartz countertops, complemented by a marble backsplash in the kitchen. The living room offers cozy ambiance with a gas fireplace insert, while a Harman pellet stove provides efficient supplemental heat. All bathrooms feature Toto toilets and Grohe fixtures, with a marble shower in the second-floor bath and a luxurious heated floor in the primary bathroom. A whole-house water filtration system adds an extra layer of comfort and quality. Whether you're enjoying serene lake views, hosting gatherings by the water, or embracing an active outdoor lifestyle, this home delivers a rare combination of recreation, craftsmanship, and timeless design.
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Our Executive Mortgage Banker:
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$1,299,900
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 | $1,039,920 | $1,039,920 | $1,039,920 |
| 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 | $800 | $800 | $800 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,503 | $6,069 | $8,497 |
| Total Monthly Payment | $6,428 | $6,994 | $9,422 |
* 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.