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'Contremer', meaning against the sea in French, is a rare Watch Hill summer cottage offered for the first time in 68 years. Set at the end of a long private road within the Watch Hill Fire District, this 3, 200 sq. ft. shingled coastal retreat captures the timeless ease of old Watch Hill, with 4+ bedrooms, 4 full baths, sun-filled whitewashed interiors, exposed beams, fireplaces, and an effortless indoor-outdoor connection. The home's south-facing setting directly overlooks the 10th fairway of the private Misquamicut Club, with the Atlantic Ocean beyond. From the covered porch, stone patio, and two view-facing balconies, one can take in the open sky, manicured fairways, salt air, and the distant sound of waves breaking along East Beach. It is a setting of privacy, serenity, and understated coastal beauty that is increasingly difficult to find. Long cherished by one family, Contremer now offers its next owners the opportunity to create their own lasting Watch Hill legacy. Just minutes away are the village's shops and dining, multiple white sandy beaches, boating from Watch Hill Harbor and the Pawcatuck River, and unmatched access for a premier New England resort destination: nearby Amtrak service, easy I-95 access to Boston, NYC, and the suburbs in between, plus a local jet-capable airport. No ferry. No bridge traffic. Just a peaceful coastal escape, beautifully positioned above the fairway and against the sea.
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$4,295,000
William Raveis Real Estate
Phone: 888.699.8876
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William Raveis Mortgage, LLC
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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 | $3,436,000 | $3,436,000 | $3,436,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,442 | $1,442 | $1,442 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,974 | $20,601 | $28,533 |
| Total Monthly Payment | $20,541 | $22,168 | $30,100 |
* 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.