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Perched at the water's edge, 19 Teal Drive is a custom-built masterpiece designed for those who crave a life lived in harmony with nature. This isn't just a home; it's a sanctuary where the rhythm of the day is set by the morning mist over Green Hill Pond and the graceful movement of swans and herons across Teal Pond. Every inch of this property has been thoughtfully crafted to blend luxury with the easy-going spirit of coastal living. The heart of the home is framed by expansive views from both inside and out, with multiple decks and a stunning stone patio. The beautifully landscaped grounds lead you down to a waterfront deck, an idyllic spot for morning yoga, coffee or evening cocktails. Inside, the home has custom carpentry throughout, including classic-style kitchen, living room with fireplace and sunroom with water views. The primary suite is a true spa retreat, with ensuite bathroom offering a steam shower and jetted soaking tub. The third floor office is the perfect spot to enjoy endless views. Guests will feel just as pampered in their own private retreat that includes bedroom, sitting room, bathroom and deck with water views. With an oversized two-car garage, outdoor shower and high-end finishes, this home balances convenience with an elevated lifestyle. Membership in Mautucket-by-the-Sea Association includes private beach/parking at Green Hill Beach, boat docks and kayak storage. 19 Teal offers a rare opportunity to own a piece of the Rhode Island waterfront dream.
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$1,995,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,596,000 | $1,596,000 | $1,596,000 |
| 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% | 6.121% | 6.183% |
| Monthly Tax Payment | $896 | $896 | $896 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,062 | $9,569 | $13,468 |
| Total Monthly Payment | $10,083 | $10,590 | $14,489 |
* 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.