|
|
Introducing one of the most unique waterfront offerings to hit the South County market this year. This is an extraordinary opportunity to own a legacy setting perched high above the serene waters of Potter Pond. Set on a rare 2-acre waterfront parcel and positioned on one of the highest elevations on the pond safely above the water, this offering provides privacy, protection, and sweeping panoramic views and includes two legal dwellings. The original waterfront cottage sits just steps from the water, showcasing spectacular, unobstructed views. The 876 sq ft, 1-bedroom, 1-bath home can be expanded, or build new with a custom, multi-level dream home with views stretching across the pond toward Block Island. Across the water, protected land held by the South Kingstown Land Trust ensures lasting privacy and preserved views. Paddleboard right from your front yard out into the serene waters of the pond. The second home was originally built in 2005 and is a freestanding 1-bedroom, 1-bath legal accessory dwelling with a garage and features second-floor living, natural light, and water views. Ideal for guests, rental potential, or use while building. Potter Pond is one of South County's hidden coastal gems, known for its ecological richness, tranquil setting, and access to the ocean, with boating, fishing, and clamming at your fingertips. East Matunuck Beach is ~1 mile away. Please do not enter the private driveway or walk the property without a scheduled appointment.
Copyright © 2026 State-Wide MLS, Inc. All rights reserved.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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,396,000 | $2,396,000 | $2,396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,799 | $1,799 | $1,799 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,604 | $14,558 | $20,219 |
| Total Monthly Payment | $15,528 | $16,482 | $22,143 |
* 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.