3 Park Avenue, Southampton, NY, 11968 | $4,885,000

Traditional meets contemporary in this stunning 5 bedroom 6. 5 bathroom home, tucked away in a peaceful cul-de-sac located on the Southampton/Water Mill border. The dramatic 4450 +/- sq ft open layout flows from a double height entry, with a beautiful Art Deco style chandelier, into a 20' ceiling Great Room. The Great Room includes a gas fireplace, large flat screen TV, wet bar and a wall of glass overlooking the 50 foot patio and property. The patio extends out and leads down to a heated, saltwater, Gunite pool. The spacious eat-in-kitchen has a center island, custom cabinetry with pull out shelving, quartz countertops, and a 6 burner stove. The kitchen is adjacent to the Great Room and flows to the outdoor patio areas for relaxation and entertainment. Another feature is that there is a cabana full bath right off of the kitchen readily accessible from the pool/patio area. Additionally, right off the kitchen, is the large 3 car attached garage with a wall of high steel cabinets. There is a formal Dining Room adjacent to the kitchen which can and IS functioning currently as a Den/Family Room. The gracious Master Bedroom is situated on the first level with direct access to the patio, large custom walk in closet and private bath with a soaking tub, separate shower, water closet and twin vanities. There are four spacious en suite bedrooms on the second level, three of which have custom walk in closets. There is a large laundry room on this level also with a sink and ample cabinetry. The HVAC system has been upgraded with a medical grade HEPA air filtration system with ultraviolet light (UV-C light) built into each of the 3 zones of the house. The UV light air purifying treatment is designed to inactivate airborne pathogens and microorganisms like mold, bacteria and viruses. Installed also is a multi stage industrial water filtration system which includes reverse osmosis treatment. Other features include an 8 camera surveillance alarm system, smart house features, EERO WIFI throughout and exterior wall spray foam insulation. The WALK OUT, unfinished basement with full size windows is comprised of another 2400 +/- sq ft which is currently being used as a full gym. There is enough space for another large en suite bedroom with rough plumbing in place, a gym, wine cellar and media room.

Features

  • Rooms: 9
  • Bedrooms: 5
  • Baths: 6 full / 1 half
  • Style: Post Modern
  • Year Built: 2019
  • Garage: 3-car Private, Attached, 3 Car Attached
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Basement: Unfinished, Walk-Out Access
  • Acreage: 0.85
  • Est. Taxes: $10,129
  • Middle School: Southampton Intermediate School
  • High School: Southampton High School
  • School District: Southampton
  • Appliances: Dishwasher, Dryer, Freezer, Humidifier, Microwave, Refrigerator
  • MLS#: 3544126
  • Days on Market: 60 days
  • Website: https://www.raveis.com
    /eprop/3544126/3parkavenue_southampton_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Brown Harris Stevens Hamptons   Phone: 631-287-4900

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3 Park Avenue, Southampton, NY, 11968

$4,885,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,908,000 $3,908,000 $3,908,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.612% 6.433%
Monthly Tax Payment $844 $844 $844
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $22,806 $24,701 $33,508
Total Monthly Payment $23,775 $25,670 $34,477

* 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.