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Custom renovated waterfront home on 2. 12 acres along Point Judith Pond. Positioned to capture wide water views throughout, the property offers privacy and a front-row seat to the boating, fishing, and coastal lifestyle that defines southern Rhode Island. Offered fully furnished and decorated, the home is ready for immediate enjoyment.
Originally redesigned in 2007, the home was thoughtfully laid out around the water. The main living room is centered around a dramatic two-story stone fireplace, while additional fireplaces in the family room and primary suite create comfortable gathering spaces throughout the home. The custom kitchen includes Wolf appliances and cherry cabinetry. Brazilian cherry floors, custom closets, built-ins, and detailed millwork continue throughout the house. Outside, mature landscaping, stonework, and open lawn lead gradually to the shoreline. Two moorings including one with deep-water access, allow easy navigation throughout Point Judith Harbor and out to the Atlantic. Located minutes from East Matunuck and Narragansett Beaches, local marinas, and the growing downtown Wakefield area, the property offers privacy and convenience. Ferry access to Block Island and a short drive to Watch Hill further expand the coastal lifestyle, while Amtrak service provides straightforward access to both New York and Boston, making long weekends and year-round commuting equally realistic from this stretch of the Rhode Island coast.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,300,000
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 | $2,640,000 | $2,640,000 | $2,640,000 |
| 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% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,560 | $1,560 | $1,560 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $14,783 | $16,041 | $22,100 |
| Total Monthly Payment | $16,468 | $17,726 | $23,785 |
* 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.