|
|
Welcome to 24 Redwood Drive. An immaculate, open, and airy 3-bedroom home tucked away on a quiet cul-de-sac in one of Narragansett's most sought-after neighborhoods. Just moments from Roger W. Wheeler State Beach, Sand Hill Cove, and the bustling Port of Galilee, this beautifully maintained coastal retreat offers the perfect blend of privacy, convenience, and seaside charm. Ideal as a summer getaway, year-round residence, or investment property with a proven rental history, the home features a bright and inviting open floor plan with vaulted ceilings, an updated kitchen, and a Mitsubishi mini split system providing efficient heating and air conditioning. The main level offers two generously sized bedrooms and a full bathroom, creating the potential for easy one-level living. The spacious upstairs primary suite serves as a peaceful retreat complete with a walk-in closet. Sliders open to an expansive Trex/Azek deck, perfect for entertaining, grilling, or simply unwinding after a day at the beach. Embrace coastal living with the outdoor cedar shower ideal for rinsing off salt and sand after enjoying the nearby shoreline. The lower level offers excellent storage and exciting potential for additional finished space such as a rec room, gym, or home office. Enjoy close proximity to beaches, boating, fresh seafood, the Block Island Ferry, and all of the shopping and dining that make Galilee one of Rhode Island's most beloved waterfront destinations.
Copyright © 2026 State-Wide MLS, Inc. All rights reserved.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:
$899,999
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $719,999 | $719,999 | $719,999 |
| 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 | $362 | $362 | $362 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,032 | $4,375 | $6,027 |
| Total Monthly Payment | $4,486 | $4,829 | $6,481 |
* 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.