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Welcome to High Point an exceptional opportunity to own a thoughtfully reimagined retreat on Aquidneck Island. Privately set back from the road, the property offers an oasis-like setting with sweeping sunset views over Narragansett Bay, just moments from Newport, beaches, golf, and dining. Inside, the open-concept design is both refined and inviting, anchored by a gourmet kitchen with a custom island, high-end appliances, and designer finishes. Living and dining spaces flow seamlessly for effortless entertaining, while the second-floor primary suite offers a serene escape with a spa-like bath, soaking tub, and walk-in shower. Two additional bedrooms and a full bath with integrated laundry provide comfort and flexibility. Outdoor living is equally impressive, featuring a pool and spa, beautifully landscaped grounds, and a mahogany deck designed for dining and relaxation. A separate guest suite overlooking the pool offers exceptional privacy, complete with its own entrance, patio, rooftop deck with distant bay views, vaulted ceilings, kitchenette, full bath, and laundry. With a new 4-bedroom septic system underway, High Point offers enhanced versatility for family and guests. Stylish, private, and ideally located, this is a rare opportunity to enjoy coastal living at its finest at an attractive value.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,995,000
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 | $1,596,000 | $1,596,000 | $1,596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.212% | 6.058% |
| Monthly Tax Payment | $644 | $644 | $644 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,937 | $9,697 | $13,360 |
| Total Monthly Payment | $9,706 | $10,466 | $14,129 |
* 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.