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A Boater's Dream Designed for Entertaining Set back atop the highest point on a quiet lane overlooking Three Mile Harbor, with 2 marinas and a public boat ramp, this exceptional 4, 000+/- sq ft custom build on a private . 75+/- acre, was completed by the owner, August 2021, is a boater's dream and designed for entertaining. Encircled by breathtaking natural scenery, preserve, and lush landscaping with stone walls, this three-floor home features double-height vaulted wood ceilings throughout the upper level that offer an expansive great room, with a well-appointed kitchen and fireplace, living room with sliding doors leading to two separate entertaining areas, primary suite, and powder room. The expansive east-facing upper deck provides striking sunset views, outdoor seating, a dining area, and lighted stairs to the pool and pool house. The west-facing covered upper terrace offers dramatic sunset views over Three Mile Harbor. The main level provides 3 additional spacious bedrooms, 2 en suite, a fourth full bath, a laundry room, and an ample-sized family room with sliding door that leads to a covered third deck, outdoor shower, a separate covered seating area, 18 x 36 gunite pool and pool house with full bath, AC and heating. The finished lower level with a separate entrance has large windows, a sixth full bath with space for an office, gym, or media room, and an attached 2-car garage. This must-see property is perfectly situated between both ocean and bay beaches and just 7 minutes to the heart of East Hampton Village
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $2,396,000 | $2,396,000 | $2,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $1,417 | $1,417 | $1,417 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,793 | $14,948 | $20,381 |
Total Monthly Payment | $15,335 | $16,490 | $21,923 |
* 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.