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Under Construction. Introducing an exceptional expression of modern luxury, this block on block new construction residence ideally situated on a quite street in Bel Mar Shores. Offering 4, 859 square feet, 5 bedrooms, 4. 5 baths, and a thoughtfully curated layout designed for both refined living and effortless entertaining. As you enter, you’re welcomed by a grand foyer and an elegant formal dining room that transitions effortlessly through a well-appointed butler’s pantry into the custom chef’s kitchen. This custom chefs kitchen features Thermador appliances, custom cabinetry, and a wet bar. Designed to blur the lines between indoor and outdoor living, the home flows through the main living space with custom built-ins, opening up to a private retreat featuring covered and uncovered patio space, and a fully equipped outdoor kitchen, and a resort-style pool and spa—creating a true backyard sanctuary. The second level reveals, a private guest suite with its own en suite bath, offering comfort and seclusion. A versatile media space provides the perfect setting for a playroom or lounge. Two additional bedrooms are connected by a Jack & Jill style bath, while the primary suite serves as a true retreat—complete with a wet bar, an expansive custom closet, and a private balcony. **Completion Date is set for June 2026!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,550,000
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 | $2,040,000 | $2,040,000 | $2,040,000 |
| 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 | 6.312% | 6.235% | 6.164% |
| Monthly Tax Payment | $150 | $150 | $150 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,067 | $12,395 | $17,215 |
| Total Monthly Payment | $12,342 | $12,670 | $17,490 |
* 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.