5 Dowling Court, Old Westbury, NY, 11568 | $4,999,800

A spectacular, stunning, designer-owned Contemporary gated home nestled on sprawling, two flat acres on a quiet cul-de-sac in the sought after village of Old Westbury. This magnificent approximately 10, 000 sq ft home boasts seven generously sized bedrooms, each with its own en-suite bathroom. The house exudes modern elegance, with floor-to-ceiling windows, vaulted cathedral ceilings, with an abundance of natural light and panoramic views. The backyard oasis showcases a resort-style sparkling heated gunite pool, tennis/pickleball court, basketball court, playground, and an oversized patio with built-in outdoor kitchen, perfect for entertaining. On the main floor you enter through a dramatic foyer, looking over a spacious elegant dining area, luxurious living room, with beautiful fireplace and wet bar, a warm and inviting den, exquisite powder room, The heart of the home is a large gourmet kitchen with state-of-the-art appliances, plenty of counter space, and a breakfast area that invites the outside beauty in. The luxurious primary suite is a sanctuary of sophistication, offering a private retreat, with a spa-like ensuite bath and sauna, dressing area, sitting area, office and ample closet space. Step up to the upper level with a dramatic staircase to an additional 4 generously sized en suite bedrooms and a recently added guest suite containing a bedroom, bathroom, kitchen, and living room, and balcony. The lower level is the perfect place for recreational activities, it's a sportsmen's paradise and includes an indoor racquet ball/wally ball/ basketball court, home gym, full bath, play area, art closet, ping pong, laundry room, bedroom, office and storage. Other amenities include a 2-car garage, maids' room with full bath, security system, mudroom and a sports court viewing area. Everything at your fingertips including easy access to the city and the Hamptons, low taxes. Near shopping, dining, golf/country clubs, and much more!

Features

  • Rooms: 11
  • Bedrooms: 7
  • Baths: 7 full / 1 half
  • Style: Contemporary
  • Year Built: 1984
  • Garage: 2-car Private, Attached, 2 Car Attached
  • Heating: Oil, Forced Air
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 9,800
  • Acreage: 2
  • Est. Taxes: $46,789
  • Lot Desc: Part Wooded, Cul-De-Sec, Private
  • View: Open
  • Elem. School: Cantiague Elementary School
  • Middle School: Jericho Middle School
  • High School: Jericho Senior High School
  • School District: Jericho
  • Pool: In Ground
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • MLS#: 3538747
  • Days on Market: 61 days
  • Website: https://www.raveis.com
    /eprop/3538747/5dowlingcourt_oldwestbury_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 Daniel Gale Sothebys Intl Rlty   Phone: 516-677-0030

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5 Dowling Court, Old Westbury, NY, 11568

$4,999,800

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 $3,999,840 $3,999,840 $3,999,840
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.851% 6.664%
Monthly Tax Payment $3,899 $3,899 $3,899
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,303 $25,943 $34,843
Total Monthly Payment $28,327 $29,967 $38,867

* 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.