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Presented by
Paul Fleming |
Moorland Farm is a beautiful 17-acre property located in the prestigious Ocean Drive neighborhood. It is close to Newport Harbor, Ft. Adams and all local beaches. The property features beautiful landscaping with natural stone features in a quiet serene setting. A pool and two pickleball courts are on the property. This unit is pristine, updated and in move in condition with hardwood floors throughout. The living room has custom built in cabinetry, a convenient gas fireplace and direct access to a very large, private deck for entertaining family and friends. The generously sized kitchen has elegant custom walnut countertops and ample room for a dining table or office. The second floor has two large bedrooms each with their own baths. The third floor, up a spiral staircase, has its own full bath with plenty of room for as queen and a twin bed. There is a clean, detached garage with lots of room for beach toys and electric bikes in addition to an automobile. This unit is truly unique in its updated, custom finishes and is in move in condition. Come enjoy the summer of 2026 to its fullest!
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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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,195,000
Sales Associate
William Raveis Real Estate
Phone: 401.241.5648
Paul.Fleming@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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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 | $956,000 | $956,000 | $956,000 |
| 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 | $339 | $339 | $339 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,428 | $5,886 | $8,067 |
| Total Monthly Payment | $5,892 | $6,350 | $8,531 |
* 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.