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Quintessential coastal New England living in one of the most coveted locations in all of Mystic. Stately 4-bedroom, 3. 5-bath 3, 869 Sq Ft Colonial, gracefully set on prestigious Prospect Street in the heart of Historic Mystic. Built with the enduring craftsmanship and character of the 1940s, this timeless residence captures the charm and nautical spirit of Mystic's celebrated seaside village lifestyle. Just a short stroll to Historic Downtown Mystic, the iconic drawbridge, boutique shopping, gourmet specialty food markets, renowned restaurants, deep-water marinas, and the Mystic River waterfront. Ideally located with convenient access to I-95, making travel to Boston and New York effortless. Nestled on nearly one-half acre of beautifully manicured grounds on one of Mystic's most picturesque and established streets, this rare offering combines elegance, warmth, and classic coastal charm. The inviting living room features a cozy wood-burning fireplace perfect for crisp autumn evenings after a day on the water. The first floor offers a welcoming foyer/mudroom, private home office, formal dining room, and an updated kitchen that opens seamlessly to a sun-filled family room with pellet stove and sweeping views of the lush rear yard. Outdoor spaces evoke the feel of a private coastal retreat, ideal for garden parties, summer entertaining, lawn games, or simply relaxing after a day at the marina. Continued: Attached two-car garage with an additional storage bay provides ample space for kayaks, paddleboards, bicycles, and boating gear. A delightful studio over the garage offers flexible space for guests, artist studio, office, or fitness room, complete with seasonal vistas of the Mystic River. Rarely does an opportunity arise to own such a special home on one of Mystic's oldest, most distinguished, and highly sought-after streets. A true Mystic treasure.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Bay/Bow Window,Wall/Wall Carpet | 14.0 x 13.0 | Upper |
| Bedroom 2 | Wall/Wall Carpet | 12.0 x 13.0 | Upper |
| Bedroom 3 | Wall/Wall Carpet | 10.0 x 13.0 | Upper |
| Dining Room | French Doors,Hardwood Floor | 11.0 x 14.0 | Main |
| Eat-In Kitchen | Double-Sink,Eating Space,Island,Pantry,Hardwood Floor | 14.0 x 22.0 | Main |
| Family Room | Skylight,Cathedral Ceiling,Built-Ins,Fireplace,French Doors,Stone Floor | 27.0 x 18.0 | Main |
| Full Bath | Stall Shower,Tile Floor | 8.0 x 7.0 | Upper |
| Full Bath | Stall Shower,Tile Floor | 7.0 x 11.0 | Upper |
| Half Bath | Tile Floor | 5.0 x 4.0 | Main |
| Living Room | Built-Ins,Fireplace,French Doors,Hardwood Floor | 12.0 x 17.0 | Main |
| Office | Hardwood Floor | 11.0 x 8.0 | Main |
| Other | 15.0 x 28.0 | Main | |
| Other | 26.0 x 16.0 | Lower | |
| Primary Bath | Full Bath,Stall Shower,Tile Floor | 9.0 x 7.0 | Upper |
| Primary BR Suite | Skylight,Cathedral Ceiling,Balcony/Deck,Bedroom Suite,Walk-In Closet,Wall/Wall Carpet | 12.0 x 16.0 | Upper |
| Rec/Play Room | 22.0 x 20.0 | Lower |
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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 | $1,196,000 | $1,196,000 | $1,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,387 | $1,387 | $1,387 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,791 | $7,267 | $10,093 |
| Total Monthly Payment | $8,303 | $8,779 | $11,605 |
* 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.