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Welcome to 30 Walcott Avenue, a custom-built coastal retreat in the idyllic seaside village of Jamestown, offering sweeping views of Narragansett Bay and the iconic Newport Bridge. Completed in 2024, this exceptional residence is just a short stroll to the village's shops, restaurants, and vibrant marina, an unbeatable location that captures the very best of island living. Showcasing refined elegance and modern innovation, rich finishes and impeccable craftsmanship are paired with high-performance systems, creating a residence that is as efficient as it is beautiful. Oversized windows, soaring ceilings, and exquisite millwork frame the water and bridge views while adding architectural interest throughout. An elevator provides seamless access across all four levels, and an infrared-heated yoga room with adjacent full bath creates a private wellness sanctuary at home. Geothermal heating, solar panels, and generator ensure sustainable comfort and peace of mind. Complementing the main house, a guest cottage with 4th bedroom and full bath provides inviting accommodations for guests, and a 4 car garage offers ample storage for vehicles and coastal gear alike. The property also includes a separate abutting lot, enabling future expansion, a potential compound, or enhanced privacy. Whether envisioned as a year-round residence or a luxurious coastal escape, this property delivers timeless design, forward-thinking sustainability and an extraordinary setting in the heart of Jamestown.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,000,000
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 | $4,800,000 | $4,800,000 | $4,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.349% | 6.183% |
| Monthly Tax Payment | $1,831 | $1,831 | $1,831 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $27,254 | $29,554 | $40,505 |
| Total Monthly Payment | $29,210 | $31,510 | $42,461 |
* 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.