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Introducing a rare opportunity in the highly sought-after South Pier Farms community of the NARRAGANSETT PIER area, ideally located within walking distance to the Narragansett Seawall, Narragansett Town Beach, Narragansett Towers, and many beloved local restaurants and shops. This 4 bedroom, 3 bathroom move-in-ready home offers over 3, 000+ sq. feet of thoughtfully designed living space, plus an additional 1, 687 sq. feet on the lower level. This wood shingled home showcases exceptional craftsmanship with hardwood floors, detailed wood paneling, chair rails and custom moldings. The main living area is anchored by an oversized fireplace with a wood mantel and marble hearth adjacent to a beautiful open concept kitchen and den. A FIRST FLOOR PRIMARY SUITE offers convenient single-level living, complemented by an additional first floor bedroom; the second floor has two bedrooms, a full bathroom, a spacious office/flex room and a generous storage area. A two-car garage and mudroom provide excellent storage and functional space. The lower level includes a private gym, sauna, cold plunge, craft area, and additional storage, ideal for wellness and recreation. Central air throughout, a generator, and a 5 year old roof. Outdoor living shines with a screened-in porch, large outdoor shower, and a beautifully designed garden and terrace inspired by the Sissinghurst White Garden. Come make this exceptional Narragansett Pier home your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,695,000
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 | $1,356,000 | $1,356,000 | $1,356,000 |
| 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 | $596 | $596 | $596 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,699 | $8,349 | $11,443 |
| Total Monthly Payment | $8,420 | $9,070 | $12,164 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.