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Waterfront property with 7, 500 total square feet of living space spread across three thoughtfully designed levels, this exceptional home offers five spacious bedrooms, each with its own private ensuite bathroom. Built in 2013, the home captures sweeping panoramic views of Narragansett Bay from every rear-facing window, delivering coastal luxury at its finest. The main level features an open-concept layout that includes a formal dining room, a sun-filled living area with a fireplace, and a magnificent kitchen. Designed by a professional chef, the kitchen boasts two of everything: ovens, refrigerators, dishwashers, microwaves, and sinks. Plus, a spacious pantry adds even more functionality for storage and preparation, making this kitchen a culinary dream for gourmet cooking. A private ensuite bedroom on the main level currently serves as an elegant home office ideal for guests, multigenerational living, or aging in place. Upstairs, four additional ensuite bedrooms provide comfort and privacy, complemented by a second laundry room for added convenience. The third level is an entertainer's haven, complete with two versatile flex rooms, a full bath, a 10-seat bar, piano, pool table, and a sprawling deck that showcases some of Rhode Island's most breathtaking water views. Outside, enjoy direct access to your own oceanfront playground swim, fish, or simply relax by the water's edge. This isn't just a home; it's a lifestyle upgrade that redefines coastal living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,995,000
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 | $4,796,000 | $4,796,000 | $4,796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.086% | 6.183% |
| Monthly Tax Payment | $2,255 | $2,255 | $2,255 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $27,231 | $28,754 | $40,471 |
| Total Monthly Payment | $29,611 | $31,134 | $42,851 |
* 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.