Discover one of the most expansive bayfront properties in Long Beach, featuring exclusive private docking rights and set on a prime corner lot that offers breathtaking views of Reynolds Channel, the city skyline, and spectacular sunsets. First Floor: Step into a grand entry hall and enjoy the convenience of a three-car garage with an electric car charging port, ample storage closets, an elevator, and plumbing provisions for a future bath. An exceptionally large outdoor patio with half of it covered provides a perfect space for entertaining. Second Floor: The chef's kitchen is a culinary dream, equipped with top-of-the-line appliances including Sub-Zero refrigeration, Wolf oven range, and Miele appliances. This level also includes a comfortable living room/den, a formal dining room, a media room, a guest bedroom with an en-suite bath, a half bath, and a cabana bathroom. The elevator is easily accessible on this floor. Third Floor: The luxurious master bedroom suite features an office, a fitness area, and a wet wine bar, along with a private deck offering stunning views. This floor also includes an additional bedroom, a full bath, two Jack and Jill bedrooms with a shared bath, and a children's playroom complete with a secret door. Fourth Floor: Enjoy panoramic views from the incredible rooftop deck with durable Trex flooring. The property boasts a generous 63x145 waterfront expanse with a dock, a floating dock, and jet ski ramps. Experience unparalleled bayfront living!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,998,874
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,799,099 | $4,799,099 | $4,799,099 |
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 | 6.902% | 6.486% | 6.056% |
Monthly Tax Payment | $3,742 | $3,742 | $3,742 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,249 | $29,940 | $40,174 |
Total Monthly Payment | $31,116 | $33,807 | $44,041 |
* 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.