129 Atlantic Road, Gloucester (Bass Rocks), MA, 01930 | $4,695,000

This oceanfront estate looks out over the Atlantic to the Twin Lights and beyond. Situated on 1. 09 acres between the Atlantic and the Bass Rocks Golf course the property is 1 mile from Eastern Point and Braces Cove. A dramatic entrance with marble flooring, soaring ceilings and a winding staircase leads to ocean facing living and dining rooms and sumptuous primary bedroom with 2 walk-in closets, deep soaking tub and of course lush views. A few special features include a first-floor bedroom suite, attached 3-car garage with oversize bays, wine cellar and tasting room, custom kitchen with Cherry cabinetry and breakfast room, and state of the art systems throughout. The spectacular grounds are landscaped with flowering shrubs and plantings and include several outdoor living spaces to soak up the sun and sea breeze. Close to Boston, this oceanfront oasis is near world-renowned beaches, art colony at Rocky Neck, and amazing restaurants where the seafood is fresh off the boat.

Features

  • Town: Gloucester
  • Amenities: Shopping, Walk/Jog Trails, Medical Facility, Highway Access, Marina, Public School, T-Station
  • Rooms: 16
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: First Floor
  • Style: Other (See Remarks)
  • Year Built: 1999
  • Garage: 3-car Attached
  • Basement: Partially Finished, Interior Entry, Bulkhead
  • Approx Sq. Feet: 8,443
  • Acreage: 1.09
  • Est. Taxes: $43,987
  • Lot Desc: Cleared
  • View: Scenic View(s)
  • Water Front: Yes
  • Appliances: Gas Water Heater, Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Freezer, Washer, Dryer
  • MLS#: 73260015
  • Website: https://www.raveis.com
    /eprop/73260015/129atlanticroad_gloucester_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 Lanse Robb courtesy of LandVest, Inc., Manchester -by-the-Sea   Phone: 617-529-1258

Room Information

Type Level
Bedroom 2 Second
Bedroom 3 Second
Bedroom 4 First
Dining Room First
Kitchen First
Living Room First
Master Bedroom Second

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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129 Atlantic Road, Gloucester (Bass Rocks), MA, 01930

$4,695,000

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 $3,756,000 $3,756,000 $3,756,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.040% 6.360% 5.930%
Monthly Tax Payment $3,666 $3,666 $3,666
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,326 $23,126 $31,190
Total Monthly Payment $25,117 $26,917 $34,981

* 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.