Located between Sag Harbor & Bridgehampton is this impeccable new construction residence. Boasting 5 beds, 6. 5 baths on 3 levels and on 1. 1 private acres down a 340 ft. private, landscaped driveway, the residence is a classically inspired masterpiece that backs up to forever protected land. In 6, 700+/- sq. ft. of light-filled living space, including a 2, 000+/- sq. ft. finished lower level. Enter from the front porch to a foyer and a spacious open floor plan flowing amongst a living room with a fireplace, right side features a well-equipped kitchen w/granite countertops, blue glass subway tile backsplash, Viking range, Sub-Zero refrigerator & dishwasher, a sunny breakfast area, and an adjacent butler's pantry w/sink, marble countertop and Viking dishwasher. A formal dining room is also on this level, along with a library or office. Pass the library, find a porch opening to the grounds, and a full bath with sauna. A two-car attached garage is off the opposite side of this floor. Off the first floor an expansive deck leads to a bluestone patio and a 20 x 40 heated gunite pool. The property is fully fenced, with perimeter evergreen trees. Upstairs find two primary master suites, one with a fireplace and private sitting room with windows, a large closet, access to a large private deck, and a bath w/glass shower, deep soaking tub and double quartz vanity. The second primary features a tray ceiling and includes a bath with marble flooring, double marble vanity and glass shower with stone tile flooring and subway tile walls. Two additional en-suite bedrooms are also on this level. A guest suite includes a bath w/marble flooring, vanity and shower, and subway tile shower walls. Another en-suite bedroom has a walk-in closet and bath w/glass shower and quartz vanity. A laundry room is also on this level. In the 2, 000+/- sq. ft. finished lower level, find wall to wall stone tile flooring, 5 egress windows, an en-suite bedroom w/egress window, glass shower and vanity, and additional finished space which builder can customize for a gym, entertainment area, movie theater or other use as desired. This central location in the heart of the Hamptons and is in easy reach of East Hampton, Sag Harbor and Southampton as well as ocean beaches. Option to buy while leasing.
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Our Executive Mortgage Banker:
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$3,499,000
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 | $2,799,200 | $2,799,200 | $2,799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | $135 | $135 | $135 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,235 | $18,623 | $24,770 |
Total Monthly Payment | $17,495 | $18,883 | $25,030 |
* 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.