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Custom new construction opportunity in a sought-after Milford Beach community, just a half block to the sandy shoreline. Designed with a refined Nantucket inspired aesthetic, this home will offer thoughtfully curated finishes and a layout that blends coastal elegance with modern living. The open concept design features light-filled living spaces with water views, creating a seamless connection to the coastal setting. A gourmet kitchen with an oversized island anchors the main living area, flowing into the dining and family rooms ideal for everyday living and entertaining. Buyers may select kitchen cabinetry and bathroom finishes, adding a personalized touch. Planned with three bedrooms, the home also includes a full third level offering future customization potential, as well as a finished above grade lower level with flexibility for a guest suite, in-law apartment, or separate living space. An elevator servicing all levels adds convenience and enhances accessibility. Buyers will have the opportunity to personalize the design in collaboration with the owner architect. Ideally located near beaches, dining, and local amenities, this is a rare opportunity to create a custom coastal home in a premier shoreline setting. The third level space offers the potential to be finished as an additional bedroom, office, media room, or recreational space. The above grade lower level may accommodate a private one bedroom apartment, guest suite, or in-law setup. Flexible design allows for a variety of uses, including a primary residence, vacation home, or investment with rental potential.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | 9 ft+ Ceilings,Balcony/Deck,Jack & Jill Bath,Sliders,Hardwood Floor,Tub w/Shower | Upper |
| Bedroom 2 | 9 ft+ Ceilings,Jack & Jill Bath,Hardwood Floor,Tub w/Shower | Upper |
| Dining Room | 9 ft+ Ceilings,Hardwood Floor | Main |
| Half Bath | Quartz Counters,Hardwood Floor | Main |
| Kitchen | 9 ft+ Ceilings,Balcony/Deck,Quartz Counters,Island,Pantry,Hardwood Floor | Main |
| Living Room | 9 ft+ Ceilings,Fireplace,Sliders,Hardwood Floor | Main |
| Primary BR Suite | 9 ft+ Ceilings,Balcony/Deck,Full Bath,Sliders,Walk-In Closet,Hardwood Floor | Upper |
| Studio Apt | Balcony/Deck,Dining Area,Eating Space,Full Bath,Laundry Hookup,Hardwood Floor | Lower |
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William Raveis Real Estate
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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 | $1,359,200 | $1,359,200 | $1,359,200 |
| 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% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,611 | $8,259 | $11,378 |
| Total Monthly Payment | $7,736 | $8,384 | $11,503 |
* 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.