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Sense of place is the initial impression one ascribes of 23 Ocean Street in Manchester-by-the-Sea. This spectacular Contemporary home could easily be sited on the rugged Northern California coast, yet here we are on the refined North Shore of Boston. The property overlooks White Beach, the coastal marshes spreading toward Black Beach and the open Atlantic Ocean. The elevated position above the shoreline ensures privacy and enhances the rhythm of the sea. The great room has cathedral ceilings, fireplace, bookcases and walls of glass that frame the ever-changing views. Sliders lead out to magnificent multi-level decks that provide sublime entertaining spaces. The kitchen features contemporary white cabinetry, high-end appliances (Thermador, SubZero, Meile). The primary suite has luxe bathroom, fireplace and a home office in the tower. How cool! An intimate library, two additional bedrooms, one en-suite rounds out this level. First level bonus room with bath, two car garage & gardens.
| Type | Description | Level |
|---|---|---|
| Bedroom 2 | Closet, Flooring - Hardwood | Second |
| Bedroom 3 | Bathroom - Full, Closet, Flooring - Hardwood, Deck - Exterior, Slider | Second |
| Dining Room | Cathedral Ceiling(s), Flooring - Hardwood, Deck - Exterior, Slider | Second |
| Family Room | Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Cable Hookup, Recessed Lighting | Second |
| Kitchen | Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area, Balcony / Deck, Countertops - Stone/Granite/Solid, Wet Bar, Cabinets - Upgraded, Remodeled, Peninsula, Lighting - Pendant | Second |
| Living Room | Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck, Cable Hookup, Deck - Exterior, Open Floorplan, Slider | Second |
| Master Bedroom | Walk-In Closet(s), Cedar Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Balcony / Deck, Deck - Exterior, Slider, Half Vaulted Ceiling(s) | Second |
| Office | Ceiling - Vaulted, Flooring - Hardwood, Deck - Exterior | Third |
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,760,000 | $3,760,000 | $3,760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.133% | 6.183% |
| Monthly Tax Payment | $2,846 | $2,846 | $2,846 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $21,349 | $22,543 | $31,729 |
| Total Monthly Payment | $24,320 | $25,514 | $34,700 |
* 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.