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Ocean Mist is just steps away from the sand in the eclectic community of Island Park. Completed in April 2025, this 2800 sq ft multi-level coastal home combines a flexible floor plan with easy going outdoor spaces including 2 covered decks and an open roof top deck with 365 degrees of water views. Multiple windows provide much natural light. Each room has a water view with prime views in the gathering spaces on both levels. Designed for year-round living, vacation/second home, or as an investment property, the floorplan reflects the surrounding sea and sand at every turn. The great room, flex space and office focus on time spent together. Each of the 4 bedrooms has a private bath and is designed for a comfortable quiet space. Window seats surrounded by custom book and display shelves provide additional indoor relaxing. Sustainable building materials, including indoor and outdoor fixtures, reflect the well-planned detailed construction needed for the coast. Additional features include a fenced in yard, patio, grilling area, an additional 340 sq ft unfinished space for future use, interior back staircase/mudroom, a 3-car garage and parking for 4+. Custom built-ins, oversize moldings, coffered ceilings, shiplap walls, fireplace, oak hardwood and tile flooring, quartz island seating for 10, Stainless Zline appliances as well as 5 spa quality baths, make this one-of-a-kind home feel like being on vacation all year long. Time to enjoy life and the memories to be made here.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,599,200 | $1,599,200 | $1,599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | $796 | $796 | $796 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,206 | $10,240 | $13,603 |
Total Monthly Payment | $10,127 | $11,161 | $14,524 |
* 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.