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Experience extraordinary coastal living in this custom-designed oceanfront home in Little Compton's prestigious Round Pond community at Sakonnet Point. Designed by acclaimed Cambridge architect Maryann Thompson and built in 2015, this exceptional residence captures panoramic views of the Atlantic Ocean and Long Pond while blending timeless architecture with modern luxury. The light-filled floor plan features a dramatic great room, chef's kitchen, four spacious ensuite bedrooms, two family rooms, and exceptional spaces for entertaining or hosting guests. Expansive multi-level decks and a screened porch invite seamless indoor-outdoor living, all surrounded by natural ledge outcroppings and thoughtfully designed coastal landscaping. Direct access to Tappen's Beach, one of Little Compton's most treasured sandy beaches, along with easy access to the Point's amenities. After a day on the water, unwind in the custom surf hut complete with a sauna, half bath, and outdoor showers. Designed for effortless year-round living, the home features radiant heated floors throughout, central HVAC with smart thermostats, integrated Sonos sound system with indoor and outdoor speakers, energy-efficient solar panels, and was thoughtfully engineered to accommodate a future elevator. This rare turnkey offering combines architectural distinction, exceptional craftsmanship, premier amenities, and one of Rhode Island's most sought-after coastal locations. Buyer pays LCAT.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,895,000
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 | $5,516,000 | $5,516,000 | $5,516,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.223% | 6.058% |
| Monthly Tax Payment | $2,169 | $2,169 | $2,169 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $30,888 | $33,516 | $46,175 |
| Total Monthly Payment | $33,182 | $35,810 | $48,469 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.