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DIRECT WATERFRONT IN STONINGTON! Rare opportunity to own a waterfront property with private dock access on beautiful Lamberts Cove. Set on nearly a half-acre of level lawn, this property offers an exceptional combination of water access, outdoor space, public utilities, and proximity to Stonington Borough. Whether you're boating, kayaking, paddleboarding, entertaining, or simply enjoying the sunset views, this is a location that is increasingly difficult to find. Relax in the all-season sunroom and take in gorgeous sunsets or entertain year-round on nearly a half-acre of level lawn. With endless possibilities for enjoyment and expansion, this property is truly special. The home blends classic waterfront cottage character with thoughtful updates, including Andersen windows, bamboo flooring, a geothermal heating and cooling system, and a spacious primary-suite addition. You'll also love the unbeatable proximity to Stonington Borough with its history, shops and restaurants, plus easy access to Route 1 and I-95. Move right in and enjoy it as-is or bring your architect and vision to transform this rare waterfront setting. You won't find a location like this again!
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Family Room | Main |
| Kitchen | Main |
| Primary Bedroom | Upper |
| Sun Room | Main |
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$989,000
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
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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 | $791,200 | $791,200 | $791,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.223% | 6.058% |
| Monthly Tax Payment | $757 | $757 | $757 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,430 | $4,807 | $6,623 |
| Total Monthly Payment | $5,278 | $5,655 | $7,471 |
* 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.