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Perched high above the coastline in the prestigious Anawan Cliffs enclave, 75 North Cliff Drive offers a rare opportunity to own one of the most commanding vantage points in all of Narragansett. Spanning 6, 736 square feet, this substantial residence captures breathtaking panoramic water views that rival many direct waterfront homes stretching across Narragansett Bay to the iconic Jamestown Bridge and all the way to the historic Beavertail Lighthouse and beyond. Set within one of Rhode Island's most exclusive coastal neighborhoods, Anawan Cliffs is renowned for its privacy, prestige, and distinguished residents, while offering a lifestyle centered around the water. Residents enjoy private neighborhood access to the shoreline and beach an invaluable amenity for those seeking to avoid the congestion and crowds often associated with public beaches in Narragansett. The property also sits adjacent to the highly coveted Bonnet Shores community, a destination already well known and sought after by discerning out-of-state buyers and summer residents alike. Positioned prominently on an elevated hilltop, the home's greatest luxury is its extraordinary setting where sweeping coastal vistas and sea breezes take center stage. With its impressive scale, commanding presence, and irreplaceable location, 75 North Cliff Drive presents a grand opportunity for year-round living or an exceptional seasonal residence for ocean-side entertaining.
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$5,890,000
William Raveis Real Estate
Phone: 888.699.8876
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William Raveis Mortgage, LLC
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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 | $4,712,000 | $4,712,000 | $4,712,000 |
| 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 | $2,428 | $2,428 | $2,428 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $26,754 | $29,013 | $39,763 |
| Total Monthly Payment | $29,307 | $31,566 | $42,316 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.