A Masterpiece of Coastal Elegance and Sustainable Luxury. Discover an architectural gem where unparalleled design meets breathtaking natural beauty. This one-of-a-kind oceanfront estate provides a harmonious blend of sophistication and sustainability, situated against the stunning backdrop of the Atlantic Ocean and the pristine Malacompra Preserve. Surrounded front and back with a Tortoise preserve (which will never be built on), providing exquisite privacy. This rare and highly coveted flood zone X property provides unparalleled peace of mind, ensuring a secure and resilient location. Encompassing over 10, 000 square feet of covered deck space and an additional 900 square feet of open decking, this home invites you to indulge in sweeping, uninterrupted views of the coastline, complemented by a crow’s nest rooftop deck providing unlimited coastal vistas and breathtaking sunrise and sunset views. The top-floor living area is a sanctuary of refinement, featuring a chef’s kitchen equipped for culinary artistry, a spacious great room that seamlessly blends indoor and outdoor living, a guest powder room, and a luxurious master suite with an adjoining 256 sq. ft. rooftop deck providing panoramic ocean and preserve views. The second floor accommodates family and guests with four well-appointed bedrooms, two luxurious full baths, a dedicated laundry room, and expansive covered deck spaces ideal for relaxation. On the ground floor, dual garages and over 750 square feet of finished flexible space. Featuring a game room with a projector TV, pool table, and a 2nd kitchenette, this space ensures the home caters to every lifestyle! This residence redefines luxury with its $130, 000 investment into solar panels, 2 Tesla power packs resulting in complete off-grid energy independence. (Able to easily add an EV charging outlet). Combined with the absence of HOA fees, this property provides an estimated $2, 000 in monthly savings. Additionally, the home is equipped with two A/C units and two hot water tanks, both installed in 2020, ensuring year-round comfort and efficiency. Whether envisioned as a primary residence, an exclusive vacation retreat, or a lucrative investment property, the home’s strong short-term rental history underscores its appeal as a venue for large family gatherings, weddings, and celebrations. Elevate your lifestyle with this extraordinary estate, where every sunrise and sunset becomes a masterpiece. Schedule your private showing and step into a world of timeless elegance and coastal splendor.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,600,000
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 | $1,280,000 | $1,280,000 | $1,280,000 |
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 | $1,222 | $1,222 | $1,222 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,516 | $8,196 | $11,238 |
Total Monthly Payment | $9,863 | $9,543 | $12,585 |
* 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.