|
A rare opportunity to own one of Long Beach’s most magnificent oceanfront estates, this custom-built, FEMA-compliant masterpiece boasts over 63 feet of private Atlantic beachfront. The fully furnished smart home blends luxury and energy efficiency, welcoming you with a grand 9-car driveway, mahogany garage doors, and a detached storage garage. Inside, an open-concept great room features cathedral ceilings, a grand staircase, and panoramic ocean views. The adjacent chef’s kitchen is equipped with custom finishes, GE Monogram appliances, dual dishwashers (Bosch and Miele), and a wine fridge. Designed for premium coastal living, the home features bamboo flooring, custom tile work, a DaVinci roof, and sound and security systems. Each of the 5 bright, airy bedrooms includes a private ocean-view balcony, highlighted by a primary suite with an oversized closet, oversized bathroom, and top-floor deck access. The property shines outdoors with over 2, 000 square feet of living space, featuring 1, 000 square feet of premium IPE decking overlooking the ocean. This private paradise is rounded out by a ground-floor bar and TV entertainment area, two outdoor showers, and custom pavers. Turn-key ready and fully optimized for modern living, this beachfront beauty is completely move-in ready. Proof of funds/pre-approval prior to showing.
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:
$4,999,500
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 | $3,999,600 | $3,999,600 | $3,999,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $3,419 | $3,419 | $3,419 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $22,086 | $23,980 | $33,213 |
| Total Monthly Payment | $25,629 | $27,523 | $36,756 |
* 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.