25 Lelands Path, Edgartown (Chappaquiddick), MA, 02539 | $9,995,000

Casual Elegance On Katama Bay - Welcome to 25 Leland’s Path on Katama Bay, a stunning property that embodies the perfect blend of casual elegance and serene waterfront living on Chappquiddick. This magnificent home offers over 7, 200 square feet of living space, six bedrooms, all with en suite baths, and a three-room Owner's Suite with sweeping water views and a private second-floor deck. The screened porch overlooks Katama Bay, providing space for al fresco summer meals and enjoying evening sunsets. With over 320 feet of frontage on Katama Bay, this home offers ample opportunities for sailing, boating, paddleboarding, and more. The home was designed by architect Patrick Ahearn and is being offered turnkey, including hand-selected furnishings and accessories by interior designer Jon Hattaway of MJ Berries Design in Boston. Embrace the tranquility of life on Chappy and create your signature coastal haven at this stunning Chappy waterfront retreat on Katama Bay.

Features

  • Town: Edgartown
  • Amenities: Walk/Jog Trails, Golf, Bike Path, Conservation Area
  • Rooms: 12
  • Bedrooms: 6
  • Baths: 7 full / 1 half
  • Year Built: 1999
  • Garage: 3-car Attached
  • Basement: Full, Partially Finished, Interior Entry, Bulkhead
  • Approx Sq. Feet: 7,205
  • Acreage: 16.4
  • Est. Taxes: $39,245
  • Lot Desc: Wooded, Cleared, Level
  • View: Scenic View(s)
  • Water Front: Yes
  • Appliances: Water Heater, Range, Dishwasher, Microwave, Indoor Grill, Refrigerator, Freezer, Washer, Dryer, Water Treatment, Wine Refrigerator, Range Hood
  • MLS#: 73226192
  • Website: https://www.raveis.com
    /eprop/73226192/25lelandspath_edgartown_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Wendy Harman courtesy of Compass   Phone: 617-206-3333

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NMLS Mortgage Loan Originator ID 81725

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25 Lelands Path, Edgartown (Chappaquiddick), MA, 02539

$9,995,000

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 $7,996,000 $7,996,000 $7,996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $3,270 $3,270 $3,270
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $45,400 $49,885 $66,936
Total Monthly Payment $48,795 $53,280 $70,331

* 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.