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Very seldom does an estate of this caliber come to the marketplace. A property that was constructed to endure, a generational home crafted with such quality, care and precision that to begin the journey with the intention of selling simply wouldn’t make sense. Absolutely stunning materials were grafted in to this incredible, solid concrete structure by craftsmen from around the world. Artisans; 3rd and 4th generation maestros. Set on over 300 pilings with 10” poured concrete walls, poured concrete floors, a wind rating of 250mph, a 200 KW whole house generator, this home was created with longevity and timelessness in mind. Spanning 14, 000AC square feet and positioned on a rare, nearly 1 acre parcel, this property has no competition. An abundance of mahogany millwork, doors and trim. Natural stones from Europe. True 24k gold leaf adorns the ceilings. 5 fireplaces. Incredible frescoes. Venetian plasters. A master bedroom suite that is beyond description. Designed with a true guest house that is attached to the main home for ease of access. Spectacular bar/club room with incredible wine storage, and an incredible, mosaic pool that seems to have been relocated from Italy itself. Located just moments away from the eagerly anticipated 100m new Port Royal club and beach, and with coveted western exposure the setting is truly idyllic. A sensational opportunity to acquire such a property.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$33,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $26,800,000 | $26,800,000 | $26,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.247% | 6.183% |
| Monthly Tax Payment | $2,554 | $2,554 | $2,554 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $158,532 | $162,840 | $226,154 |
| Total Monthly Payment | $161,211 | $165,519 | $228,833 |
* 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.