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The Hutchinson a thoughtfully designed Coastal Contemporary residence within the exclusive Aquidneck Village community. Base pricing begins at $1. 649M, with a fully finished offering at $1. 899M that includes an elevated package of upgrades such as a detailed millwork, enclosed screened in back porch and 3 story elevator. Positioned just off Willow Lane in Portsmouth, this limited 28-home enclave sits directly across from the renowned Aquidneck Club and moments from the shoreline of Narragansett Bay. Enjoy quick access to downtown Newport and convenient proximity to Massachusetts, making this an ideal year-round or seasonal retreat. Completed in 2026 by Harbor Construction, the home spans approximately 2, 970 total square feet, blending functionality with refined design. The layout features three bedrooms and three full bathrooms, including primary suites on both the first and second levels, along with a generous bonus space upstairs. Interior finishes reflect a clean, coastal aesthetic, highlighted by wide-plank French white oak flooring, a chef's kitchen equipped with Thermador appliances, custom Metropolitan cabinetry, expansive sliding glass doors, nine-foot ceilings, and a gas fireplace for added warmth and ambiance. With only two opportunities remaining in this community, this is a rare chance to secure new construction in one of Portsmouth's most desirable locations.
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$1,899,000
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 | $1,519,200 | $1,519,200 | $1,519,200 |
| 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 | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,626 | $9,108 | $12,820 |
| Total Monthly Payment | $8,751 | $9,233 | $12,945 |
* 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.