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Presented by![]() Tanya Sprague |
A stunning new construction tucked away from the road offering a serene setting with privacy and phenomenal convenience to Saugatuck train, Longshore town-golf club, Compo Beach and Downtown all via sidewalks! Purchased together #171 Compo Rd. S. (. 16 ac. ) and #169 Compo Rd. S. (. 34 ac. ), can make for a wonderful family compound on a conforming . 50 acre. with potential for a pool and ADU/pool house, to go with the new construction at 171 Compo Rd. (see MLS #24094300). Or purchase #169 and #171 together, enjoy use of the entire property for years with the potential to tap equity, by selling off #169 Property, separately at a future date as a . 34 ac lot with town-approved plans for a 3800 SF 2 car garage home. (see photos). Currently #171 is on the market and listed under MLS# 24094300, as a completed NEW 3900 SF 4 bdrm, 5 bath, home on . 16 ac. with an open-concept floor plan and a one car garage with height for a car lift for a 2nd car. Occupancy of 171/169 can take place by the end of June. The town- approved plans run with the land. #169 would keep . 34 ac. , and #171 would keep . 16 ac. The property as a whole is considered a condo 'ed parcel of land with 2 completely separate owned single family structures. Each owner would be solely responsible for their own structure and the maintenance of their own piece of property. The only item the 2 homeowners would share, is a driveway and the driveway's maintenance. Please inquire for a tour of this unique and special offer
Type | Description | Level |
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Bedroom 1 | Full Bath,Hardwood Floor,Tub w/Shower | Upper |
Bedroom 2 | Jack & Jill Bath,Walk-In Closet,Hardwood Floor | Upper |
Bedroom 3 | Jack & Jill Bath,Walk-In Closet,Hardwood Floor | Upper |
Dining Room | 9 ft+ Ceilings,Combination Liv/Din Rm,Patio/Terrace,Sliders,Hardwood Floor,Wide Board Floor | Main |
Family Room | 9 ft+ Ceilings,Hardwood Floor,Wide Board Floor | Main |
Great Room | 9 ft+ Ceilings,Gas Log Fireplace,French Doors,Half Bath,Patio/Terrace,Wide Board Floor | Main |
Kitchen | 9 ft+ Ceilings,Breakfast Bar,Island,Hardwood Floor,Wide Board Floor | Main |
Office | Skylight,Vaulted Ceiling,Half Bath,Hardwood Floor | Upper |
Primary Bath | Double-Sink,Stall Shower,Whirlpool Tub,Tile Floor | Upper |
Primary BR Suite | Full Bath,Stall Shower,Whirlpool Tub,Walk-In Closet,Hardwood Floor | Upper |
Rec/Play Room | Skylight,Vaulted Ceiling,Hardwood Floor | Upper |
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Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.247.4754
Tanya.Sprague@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,720,000 | $2,720,000 | $2,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.750% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.761% | 6.865% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,090 | $17,642 | $23,508 |
Total Monthly Payment | $16,215 | $17,767 | $23,633 |
* 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.