Welcome to 385 Colony Dr, an incredible opportunity to own a magnificent estate home in the prestigious Bay Colony Shores. Spanning nearly 8000 square feet under air on a lot and a half, this home is the epitome of luxury and sophistication. This estate features 4 spacious bedrooms, 2 offices, and 2 gyms, catering to all your lifestyle needs. The chef's kitchen is a dream come true, with dual islands that cater to the most discerning buyers. Whether hosting a grand dinner party or enjoying a quiet family meal, this kitchen is perfectly equipped for all your culinary adventures including a walk in wine room. Car enthusiasts will be thrilled with the expansive garage that can accommodate up to 12 cars, providing ample space for a prized collection. The property also includes a charming 2-bedroom, 2-bath guesthouse attached to the main residence, offering comfort and privacy for guests or extended family. Situated at the end of a cul-de-sac, this estate provides a tranquil and private retreat. The western exposure allows for breathtaking sunsets, creating a picturesque backdrop for evening relaxation or entertaining. The expansive covered lanai features a stunning waterfall edge pool with extraordinary views over the lake, perfect for outdoor gatherings or serene moments of reflection. This is a once-in-a-lifetime opportunity to own a home that combines grandeur, comfort, and unparalleled amenities. Don’t miss your chance to experience the ultimate in luxury living at 385 Colony Dr.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$18,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $15,196,000 | $15,196,000 | $15,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $5,462 | $5,462 | $5,462 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $96,049 | $97,302 | $132,373 |
Total Monthly Payment | $101,636 | $102,889 | $137,960 |
* 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.