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OWNER IS A LICENSED REAL ESTATE AGENT. This custom-built home is a rare find, offering two homes in one with tons of flexibility. Whether you're looking for a multi-generational setup, an income-producing property, or just a spacious place to call home, this one has it all. Home to be completed by April. The main home has an open floor plan with a high-end kitchen featuring custom wood cabinetry, quartz countertops, a 36" gas range, a pot filler, a microwave drawer, and a KitchenAid three-rack dishwasher. The massive island seats up to ten, making it the perfect gathering spot. The living room is warm and inviting with a gas fireplace as the centerpiece. There's also a half bath and back pantry with laundry, a beverage fridge, wine fridge, and built-in pantry. You can access the back apartment through here too. 2nd floor has two bedrooms. The guest bedroom has its own en-suite bath and large closet. The primary suite is a dream with a gas fireplace, a walk-in closet, and a spa-like Carrara marble bathroom with a soaking tub and waterfall shower-heads. The third floor is all about space and entertaining, with a huge living room that opens to a reinforced deck wired for a hot tub. There's also a custom bar with a beverage fridge, sink, and tile backsplash, plus another large bedroom and full bath. The attached ADU has its own private entrance and can be locked off from the main house, making it great for a rental or guest space. The first floor has a spacious living room with a gas fireplace and a full kitchen with high-end appliances, quartz countertops, and custom cabinets. There's also a half bath for guests. 2nd floor, two bedrooms share a full bath, and there's a private laundry room. The third floor is dedicated to the owner's suite, which has its own balcony, two closets, and a Carrara marble bathroom with a soaking tub and walk-in shower. The home also has a drive-under basement with tons of storage and EV pre-wiring. Home is energy-efficient with spray foam insulation, high-SEER air conditioners, tankless water heaters, and energy-efficient windows. LVP flooring throughout, costal wood trim package, tall ceilings throughout home, metal roof, and more. For investors, long-term rentals in this area bring in $3, 500+ per month, with even more potential for furnished rentals. Short-term rental eligibility is subject to city approval. Located just minutes from downtown with no stoplights, this home is close to everythingincluding the beach. It's a rare opportunity to own a custom-built, energy-efficient home with multiple living options in a prime location. Bring us an offer!! Seller might consider owner financing. OWNER IS A LICENSED REAL ESTATE AGENT.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
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 | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,020 | $8,452 | $11,499 |
Total Monthly Payment | $8,145 | $8,577 | $11,624 |
* 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.