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Perfectly situated between New York and Boston, Masons Estates offers an opportunity to own land in one of Mystic's most sought-after coastal communities. With only 9 home sites available, each set on over an acre within a 17-acre enclave-featuring 5 acres of preserved open space-this is your chance to create a private sanctuary surrounded by natural beauty. Each lot provides a blank canvas for your architectural vision. Buyers are welcome to work with the recommended builder, Tier 1, a Prominent Development Company known for exceptional craftsmanship, or select their own architect and builder. Preliminary renderings by New England Design Architectural Firm (Mansfield, CT) offer a glimpse into what's possible. As part of the Masons Homestead HOA, residents enjoy private roads, snow removal, and trash collection, along with seamless access to boating, paddling, hiking, biking, and fishing. A proposal for membership at the Masons Island Yacht Club has been granted to the community, though it is not guaranteed. Located moments from deep-water marinas, historic Downtown Mystic, and the charming Stonington Borough, Kingfisher Way blends coastal luxury with everyday convenience. Whether you envision a sun-filled retreat with a first-floor primary suite and resort-style pool, or a timeless coastal cottage, your dream can take root here. Lot pricing is subject to design, location, and selected features. Secure your slice of Masons Island today.
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:
For homebuyers and sellers, our Attorney Network:
$744,433
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $595,546 | $595,546 | $595,546 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,715 | $3,912 | $4,985 |
Total Monthly Payment | $3,807 | $4,004 | $5,077 |
* 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.