An EXTRAORDINARY MODERN MASTERPIECE: Inspired by renowned architect Frank Lloyd Wright, sited to take full advantage of an exceptional, private 1. 6 acre waterfront location overlooking North Cove and the CT River, and constructed with meticulous care and the best of the best curated materials, 20 Saltus Drive offers a luxurious, comfortable lifestyle with panoramic water views from almost every room. Perfect for entertaining, the great room (30' x 40') has soaring ceilings, a remarkable, double sided stone FP and a window wall creating a continuous expanse of glass facing picture perfect water views. Glass pocket doors open to the DR which flows into the impressive kitchen with table & counter seating & equipped to please the most discriminating chef. Additional notable spaces on this level are a home theater with an 8'+ screen and two bedroom suites (all 5 bedrooms have en suite baths; 4 also enjoy separate sitting rooms). Access the 2nd level either by elevator or a striking marine stainless steel, floating staircase. To the left are 2 additional BR suites while to the right is the palatial primary suite which includes a BR with FP, a large bathroom with a shower and tub, walk-in closets, a laundry, an office and a sitting room. These three suites also have water view decks. Step outside to enjoy the expansive 3500 s. f. red granite terrace, a heated, saltwater swimming pool, a deepwater dock & glorious pool house equipped with a full kitchen, bath & seating for 10. It's a short walk to downtown Old Saybrook with its restaurants, shops and the Katherine Hepburn Cultural Arts Center if you can bear to leave this glorious, triple mint property. Deepwater dock with 2 lifts, one for 16 tons and the other with 24 tons capacity. Attached 4 car garage, parking area for 15 cars. Composite slate roof has an estimated life span of 75-100 years. All furnishings excluding art are available for purchase as a single, separate transaction with the seller.
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:
For homebuyers and sellers, our Attorney Network:
$9,850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $7,880,000 | $7,880,000 | $7,880,000 |
| 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 | $4,790 | $4,790 | $4,790 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $44,742 | $48,519 | $66,496 |
| Total Monthly Payment | $49,657 | $53,434 | $71,411 |
* 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.