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Set on one of Stonington's most scenic roads, this exceptional 3. 03-acre Montauk Avenue property offers a rare opportunity to own a custom new construction home in a truly estate-like setting. Tastefully cleared and bordered by classic New England stone walls, the lot provides a peaceful, park-like backdrop and a sense of privacy. The thoughtfully designed custom coastal farmhouse-style home features a spacious and flexible floor plan ideal for modern living, entertaining, and multi-generational use. Sited to maximize privacy and natural surroundings, this 6-bedroom, 6. 5-bath, 4, 958-square-foot residence is centered around a welcoming great room with seamless indoor-outdoor flow. A chef's kitchen anchors the space and opens naturally to the dining area, creating an ideal setting for gatherings both large and small. Two primary bedroom suites, generous outdoor patios, and thoughtfully designed living spaces further enhance the home's comfort and versatility. Located just minutes from Stonington Borough, Historic Downtown Mystic, deep-water marinas, beaches, golf, fine dining, and boutique shopping, this property blends quiet country living with easy access to the area's most desirable coastal amenities. Construction is anticipated for early 2027 completion. A rare opportunity to secure new construction on a premier Montauk Avenue parcel-where location, land, and lifestyle come together.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $548,000 | $548,000 | $548,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,282 | $3,419 | $4,514 |
| Total Monthly Payment | $3,374 | $3,511 | $4,606 |
* 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.