8 Walley Street, #3 & 4, Bristol, RI, 02809 | $2,650,000

Introducing Love Rocks: a once-in-generations waterfront residence in one of Bristol's most storied maritime settings. Built in 1883 by Nathanael Greene Herreshoff as his private residence, this historic estate occupies a dramatic waterfront point on Bristol Harbor, surrounded by water on three sides. Known as the Wizard of Bristol, Herreshoff was behind five undefeated America's Cup defenders. The estate is now comprised of two private condominiums: a rare offering combining condominium ease with the scale and feel of single-family living. Inside, wood floors, elegant millwork and water views abound from every room. The property features a chef's kitchen with custom cherry cabinetry, Sub-Zero and Wolf appliances, and a well appointed pantry. The kitchen opens to a gracious dining area, while the elegant living room offers a beautiful setting by the fire. The cozy family room adds additional gathering space, with a guest bedroom and en suite bath above. Upstairs, the Primary Suite features two en suite baths, large walk-in closet, and fireplace. A second bedroom/office completes this level. Outside, a shared 160ft deep-water dock, two moorings and shoreline beach place Bristol harbor at your doorstep. Private and serene yet walkable, Love Rocks is ideally sited moments from downtown Bristol's shops, restaurants, the Herreshoff Marine Museum, and Bristol's celebrated Fourth of July Parade route. Newport is 20 minutes by car or a beautiful boat ride down Narragansett Bay.

Features

  • Parking: 2-car
  • Heating: Baseboard,Gas
  • Cooling: Central Air,Ductless
  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Pool,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: In Unit
  • Complex: Waterfront Historic District
  • Year Built: 1883
  • Approx Sq. Feet: 3,414
  • Acreage: 0.37
  • Est. Taxes: $11,576
  • Lot Desc: Corner Lot,Waterfront
  • Water Front: Yes
  • Pets Allowed: Yes
  • Appliances: Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Range Hood,Water Heater,Washer
  • MLS#: 1410548
  • Website: https://www.raveis.com
    /prop/1410548/8walleystreet_bristol_ri?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

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NMLS Mortgage Loan Originator ID 130058

203.952.8600

Joseph.Mollica@raveis.com

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8 Walley Street, #3 & 4, Bristol, RI, 02809

$2,650,000

Susan Florby

Sales Associate

William Raveis Real Estate

Phone: 203.550.0626

Susan.Florby@raveis.com

Joseph Mollica

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.952.8600

Joseph.Mollica@raveis.com

NMLS Mortgage Loan Originator ID 130058

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,120,000 $2,120,000 $2,120,000
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% 6.361% 6.183%
Monthly Tax Payment $965 $965 $965
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,037 $13,053 $17,890
Total Monthly Payment $13,127 $14,143 $18,980

* 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.