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4 Grenolds Way, Westerly, RI, 02891 | $3,500,000
This beautifully renovated colonial sits on 7. 4 acres of secluded waterfront, offering breathtaking panoramic views of a serene salt pond that leads directly to the Atlantic Ocean. Enjoy direct access to the water and a quiet stretch of shoreline, perfect for swimming, fishing, clamming, jet skiing, and boating all just steps from your door. The over 2, 500 sq ft home was meticulously renovated in 2023 and features four bedrooms, one and a half bathrooms, with potential for expansion. A wrap-around, four-season porch extends the living space, allowing you to enjoy the stunning surroundings year-round. The detached three-car garage, gas fireplace, and oversized custom outdoor shower add additional comfort and charm. With ample space and tranquility, this property also offers the possibility of a dock and the potential to explore the creation of a family compound, ideal for multi-generational living. Enjoy it as a family retreat, primary home, or take advantage of its rental investment opportunity. The serene setting, combined with close beach access and sweeping views, provides an unmatched retreat. Located in a peaceful peninsula, this property offers ultimate privacy while remaining convenient to local amenities.
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Recreation Area,Restaurant,Shopping,Tennis Court(s)
- Rooms: 7
- Bedrooms: 4
- Baths: 1 full / 1 half
- Style: Colonial
- Year Built: 1927
- Garage: 3-car Detached,Garage
- Heating: Baseboard,Electric,Forced Air,Gas
- Cooling: Central Air
- Basement: Partial,Unfinished
- Approx Sq. Feet: 2,626
- Acreage: 7.4
- Est. Taxes: $14,235
- Lot Desc: Cul-De-Sac,Wooded,Waterfront
- View: Saltwater,Water
- Appliances: Dryer,Dishwasher,Electric Water Heater,Microwave,Oven,Range,Refrigerator,Washer
- MLS#: 1373954
- Website: https://www.raveis.com
/eprop/1373954/4grenoldsway_westerly_ri?source=qrflyer
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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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
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To learn more about our credentials, visit raveis.com today.
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
- 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
4 Grenolds Way, Westerly, RI, 02891
$3,500,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,800,000 | $2,800,000 | $2,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | $1,186 | $1,186 | $1,186 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,340 | $17,698 | $23,628 |
| Total Monthly Payment | $17,651 | $19,009 | $24,939 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB