71 Oak Avenue, Madison, CT, 06443 | $2,950,000

Step into luxury with this stunning waterfront home, built in 2003, featuring an elevator, custom upgrades, and exceeding all FEMA standards. Enjoy breathtaking views of Long Island Sound from every window, as well as your own 100 ft. private sandy beach. The main level boasts an open floor plan with a custom kitchen equipped with Wolf and Sub-Zero appliances, radiant-heated wide-plank teak floors, and a comfortable living room complete with a home theater and an impressive 80-inch drop-down screen. A gorgeous wrap-around mahogany deck surrounds the home, offering an outdoor kitchen, hot tub/spa, and outdoor shower. This level also includes a cozy bedroom and a full bath. A limestone staircase, imported from Canada, leads to the upper level, where you'll find the luxurious primary bedroom suite, reminiscent of a captain's stateroom. This suite is adorned with dark wood paneling, custom bookcases, built-ins, a dressing room, laundry area, and an oversized primary bath. Step out onto the balcony to breathe in the salt air, enjoy your morning coffee, or work from home in the bright office with hand-painted seaside decor. This beachside beauty also offers 1, 000 sq. ft. of heated, lower-level finished lanai space, featuring a half bath and rolling glass doors that open directly to the beach-perfect for entertaining. A stone paver driveway provides ample parking for guests. Don't miss this special home located on a private road in a quiet beach community!

Features

  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Upper Level
  • Style: Colonial
  • Year Built: 2003
  • Garage: 3-car Under House Garage,Paved,Off Street Parking,Driveway
  • Heating: Hot Air
  • Cooling: Central Air
  • Basement: None
  • Above Grade Approx. Sq. Feet: 1,802
  • Below Grade Approx. Sq. Feet: 1,001
  • Acreage: 0.19
  • Est. Taxes: $34,452
  • HOA Fee: $550 Annually
  • Lot Desc: Water View
  • Water Front: Yes
  • Elem. School: JM Jeffrey
  • Middle School: Per Board of Ed
  • High School: Daniel Hand
  • Appliances: Cook Top,Wall Oven,Microwave,Range Hood,Refrigerator,Subzero,Dishwasher,Washer,Dryer
  • MLS#: 24043473
  • Days on Market: 75 days
  • Buyer Broker Compensation: 2.00%
  • Website: https://www.raveis.com
    /mls/24043473/71oakavenue_madison_ct?source=qrflyer
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.

Room Information

Type DescriptionDimensionsLevel
Bedroom 1 9 ft+ Ceilings,Hardwood Floor16.0 x 9.0Main
Dining Room 9 ft+ Ceilings,Sliders,Hardwood Floor12.0 x 9.0Main
Full Bath Tile Floor7.0 x 7.0Main
Half Bath 5.0 x 5.0Lower
Kitchen 9 ft+ Ceilings,Granite Counters,Dining Area,Hardwood Floor12.0 x 13.0Main
Living Room 9 ft+ Ceilings,Cathedral Ceiling,Balcony/Deck,Sliders,Hardwood Floor22.0 x 19.0Main
Office Bay/Bow Window,Hardwood Floor10.0 x 10.0Upper
Other Bedroom Suite,Built-Ins,Dressing Room,Laundry HookupUpper
Primary Bath Built-Ins,Granite Counters,Double-Sink,Full Bath,Stall Shower,Tile Floor15.0 x 14.0Upper
Primary Bedroom Book Shelves,Balcony/Deck,Built-Ins,French Doors,Hardwood Floor15.0 x 22.0Upper
Rec/Play Room Entertainment Center,Tile Floor32.0 x 21.0Lower

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Fowler Sakey & TeamSales Associates

203.521.1119

FSteam@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12303

203.913.1633

Jorge.Rivera@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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

71 Oak Avenue, Madison, CT, 06443

$2,950,000

Fowler Sakey & Team

Sales Associates

William Raveis Real Estate

Phone: 203.521.1119

FSteam@Raveis.com

Jorge L Rivera

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.913.1633

Jorge.Rivera@Raveis.com

NMLS Mortgage Loan Originator ID 12303

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,360,000 $2,360,000 $2,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.795% 6.472% 6.032%
Monthly Tax Payment $2,871 $2,871 $2,871
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,585 $14,723 $19,756
Total Monthly Payment $16,581 $17,719 $22,752

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.