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1152 Champlin Road, Block Island, RI, 02807 | $6,475,000
Here is your opportunity! Located on desirable Champlin Road, this 3. 7 acre coastal retreat captures Block Island's natural beauty from sunrise to sunset. Begin your day on the expansive front deck watching the sun rise over the Great Salt Pond, then unwind in the evening on the spacious back deck with a front-row seat for sunsets into the Block Island Sound. With uninterrupted water views from nearly every room, this home highlights the island's natural beauty at every turn while offering very comfortable yet uncomplicated island living. The large vaulted Great Room, roomy bedrooms, newly installed lighting and mini-split heating and cooling make it ideal for extended three-season use. Enjoy this lovely three-bedroom home as it is or relax here while you plan your dream island retreat. There is room to grow! Over 200 feet of beach frontage with adjacent property being conserved land owned by the Audubon Society ensures enduring privacy and views. Having a private path to the beach, being a short walk to Cormorant Cove and a short ride to New Harbor marinas and restaurants while still offering this sense of privacy and retreat make for an exceptional property. More Photos soon. Whether you're watching sailboats cross the channel into Great Salt Pond, listening to the sound of the surf, or taking in panoramic ocean views from almost every vantage point, this property captures the simple essence of life on Block Island with a deep connection to nature. More photos to come!
Features
- Amenities: Marina,Pool
- Rooms: 7
- Bedrooms: 3
- Baths: 2 full / 1 half
- Style: Ranch
- Year Built: 1983
- Garage: No Garage
- Heating: Ductless,Electric
- Cooling: Ductless
- Basement: Exterior Entry,Finished,Interior Entry,Partial
- Approx Sq. Feet: 2,368
- Acreage: 3.07
- Est. Taxes: $20,966
- Lot Desc: Waterfront
- View: Saltwater,Water
- Water Front: Yes
- Appliances: Dryer,Dishwasher,Gas Water Heater,Microwave,Refrigerator,Washer
- MLS#: 1416530
- Website: https://www.raveis.com
/eprop/1416530/1152champlinroad_blockisland_ri?source=qrflyer
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William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1152 Champlin Road, Block Island, RI, 02807
$6,475,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
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 | $5,180,000 | $5,180,000 | $5,180,000 |
| 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% | 6.086% | 6.183% |
| Monthly Tax Payment | $1,747 | $1,747 | $1,747 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $29,411 | $31,057 | $43,712 |
| Total Monthly Payment | $31,283 | $32,929 | $45,584 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB