943 Matunuck Beach Road, South Kingstown, RI, 02879 | $2,750,000

Watch the sun rise over Block Island Sound from this completely redesigned and updated gated beach front compound with gorgeous main house and separate apartment, both fully furnished! 1957 Porsche convertible also included at full price! 60' of sandy beach frontage and great surfing with sweeping views of Block Island and the Atlantic beyond. Beachside patio offers ample space for entertaining, new hot tub, outdoor kitchen with built-in grill, stone fireplace with pizza oven, beverage fridge. Complete recent re-design/renovation including all utilities, new 3 bed septic, Tesla solar panels (paid in full). Incredibly welcoming design and use of space throughout. The main house is 1758' of artfully designed living space with 3-4 beds, second floor balcony with breathtaking views, 3 full baths including a full outdoor bathroom with sink, shower, toilet! The ADU apartment sits over the newly built garage and offers 563' of incredibly thoughtful living space including kitchen, bath, living room, bedroom, all with gorgeous water views. Sunbathe and surf out your back door and walk to the Ocean Mist, Matunuck Surf Shop, market, ice cream, Theatre by the Sea. Matunuck offers incredible beaches, the famed Matunuck Oyster Bar, endless farmer's markets, and more.
All furnishings, beach gear, decor (except for a few personal items), surfboards, bicycles, kitchenware, included down to the Frame tvs throughout! Come live the dream on Matunuck Beach Road!

Features

  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 11
  • Bedrooms: 4
  • Baths: 4 full
  • Style: Contemporary,Colonial
  • Year Built: 1940
  • Garage: 1-car Detached,Garage,Garage Door Opener
  • Heating: Baseboard,Electric,Forced Air,Radiant,Solar
  • Cooling: Central Air
  • Basement: Crawl Space
  • Approx Sq. Feet: 2,321
  • Acreage: 0.32
  • Est. Taxes: $16,439
  • Lot Desc: Waterfront
  • View: Saltwater,Water
  • Appliances: Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Range Hood,Water Heater,Washer
  • MLS#: 1368211
  • Website: https://www.raveis.com
    /eprop/1368211/943matunuckbeachroad_southkingstown_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Re/max Professionals   Phone: 401-884-6050

William Raveis Family of Services

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888.699.8876

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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
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943 Matunuck Beach Road, South Kingstown, RI, 02879

$2,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.474.4879

Whitney.Rugg@raveis.com

NMLS Mortgage Loan Originator ID 7654

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,200,000 $2,200,000 $2,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $1,370 $1,370 $1,370
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,810 $13,014 $18,122
Total Monthly Payment $13,305 $14,509 $19,617

* 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.