This Port Royal southern classic coastal retreat is a masterstroke collaboration by architects David Humphrey, Jon
Kukk, Matt Joyner, and constructed by Frontier Custom Homes. In an ideal position walking distance to the
Port Royal Club and the 3rd Street South entertainment district, this furnished home also
offers a 2 bed, 2 bath guesthouse. Situated on a generous lot and a half, the distinguished estate features an
expansive wraparound porch and an astounding 3, 000 square feet of covered outdoor lanais for relaxation and
entertaining. With one-of-a-kind reclaimed century-old Chicago brick underfoot, the space opens to serene views
of Lantern Lake’s glistening waters, framed by gently swaying palms transforming the backyard into an oasis.
Attentively maintained with thorough upgrades, the gourmet kitchen features one-inch-thick cabinetry by Ruffino,
appliances by Wolf, Sub-Zero, and Viking, two wine refrigerators and bar. The primary suites have been
modernized exquisitely. Custom onsite millwork, solid American cherry wood flooring and front door highlight the
refinement of this elegant residence. A newer pool with striking shell stone decking sets off the stunning backyard
area. This remarkable property offers a new 32kw generator. Club membership eligible.
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Our Executive Mortgage Banker:
Our Insurance Division:
$11,995,000
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 | $9,596,000 | $9,596,000 | $9,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $6,497 | $6,497 | $6,497 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $63,842 | $61,444 | $84,252 |
Total Monthly Payment | $70,464 | $68,066 | $90,874 |
* 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.