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2625 B Commodore Perry Highway, South Kingstown, RI, 02879 | $2,400,000
Perched high in Matunuck Hills, this extraordinary coastal estate captures sweeping views of Block Island Sound, Point Judith, and the Atlantic beyond. Set on 2. 64 landscaped acres with flowering gardens, stone walls, a Koi pond, and deeded access to pristine Wash Pond, this rare property blends historic elegance with thoughtful modern updates. Built in 1953 for the heiress to the Ballantine Beer fortune and later owned by the University of Rhode Island, the 8-bedroom, 6-bath residence offers more than 9, 000 square feet of exceptional living space. Granite and brick construction, a slate roof, oak floors, custom millwork, and stunning stone fireplaces showcase timeless craftsmanship throughout. Designed for entertaining and multigenerational living, the home features a dramatic great room, tavern-style family room, billiards and game rooms, wine tasting cellar, and generous guest accommodations. The private west wing primary suite includes a dressing room, office, and beautiful water views. Recent upgrades include quartz countertops, a top-tier boiler, new air conditioning, new well, and new 8-bedroom septic system. Enjoy sunsets from the south-facing stone patio and expansive mahogany deck, just minutes from beaches, marinas, golf, and renowned restaurants. Only 25 minutes to Newport, 90 minutes to Boston, and accessible to NYC by car or rail. Currently a very successful and profitable rental.
Features
- Amenities: Golf,Highway Access,Marina,Pool,Restaurant
- Rooms: 22
- Bedrooms: 8
- Baths: 5 full / 1 half
- Style: Colonial,Historic/Antique,Victorian
- Year Built: 1953
- Garage: 3-car Attached,Garage
- Heating: Hot Water,Oil,Zoned
- Cooling: Central Air,Ductless
- Basement: Exterior Entry,Full,Interior Entry,Partially Finished
- Approx Sq. Feet: 10,077
- Acreage: 2.64
- Est. Taxes: $18,641
- Lot Desc: Wooded
- View: Saltwater,Water
- Appliances: Dryer,Dishwasher,Microwave,Oven,Oil Water Heater,Range,Range Hood,Washer
- MLS#: 1413193
- Website: https://www.raveis.com
/eprop/1413193/2625bcommodoreperryhighway_southkingstown_ri?source=qrflyer
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William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2625 B Commodore Perry Highway, South Kingstown, RI, 02879
$2,400,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
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 | $1,920,000 | $1,920,000 | $1,920,000 |
| 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 | $1,553 | $1,553 | $1,553 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,751 | $11,666 | $16,073 |
| Total Monthly Payment | $12,429 | $13,344 | $17,751 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB