115 Ridgewood Drive photo 11 / 50

MLS #1297918

115 Ridgewood Drive

Paradise

$949,900

6 Beds
4 Baths
4,790 sqft
Two-Apartment Home
Source Listing

Property Details

Welcome to 115 Ridgewood Drive, a custom-built executive two-story home overlooking Conception Bay from one of Paradise’s sought-after settings. Offering approximately 4,800 sq. ft. of finished living space, including a registered two-bedroom basement apartment, this impressive property delivers scale, quality, flexibility, and a view to match. Set on a 1-Acre lot backing toward the ocean, the home features a wraparound front veranda, spacious rear patio with covered overhang, attached double garage, and driveway separation for the main home and apartment. Just inside is a grand two-story foyer and striking custom staircase create an immediate sense of presence. The main floor featuring 9' ceilings is designed for both everyday living and entertaining, with a formal dining room, family room, and open-concept living, dining, and kitchen area positioned to take advantage of the ocean views. The kitchen serves as the centerpiece, offering cream cabinetry, granite countertops, and a large 3' x 9' island. Wide-plank engineered hardwood, heated tile flooring, trim work, and a stone propane fireplace add to the home’s elevated finish level. The second floor includes four spacious bedrooms, highlighted by a large primary suite with his-and-hers closets and a custom ensuite featuring heated floors, a soaker tub, tiled shower, and double vanities. The registered basement apartment offers approximately 900 sq. ft. with two bedrooms and one bathroom, providing excellent flexibility for extended family, rental income, or potential reintegration into the main home. Located near Holy Family Elementary, Paradise’s walking trail network, and Topsail Road amenities, this is a rare opportunity to own a well built home with executive appeal, income potential, and an exceptional ocean views. Please see listing attachments for further details on the home. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$949,900
Down Payment - 8%$75,992
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$6,410

Mortgage Payment
$5,237
Property Tax
$673
Insurance
$150
Utilities
$350
Down Payment
$75,992
Loan Amount
$873,908
Total Interest
$697,154

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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