This newly built modern barn style home in Montauk's Hither Hills offers a warm and inviting elegance, yet fresh and beachy feel. This custom new construction is situated on . 70 acres offering the ever popular and desirable deeded ocean beach rights and also featuring four en suite bedrooms plus 2 additional bedrooms. The expansive layout boasts an impressive 6, 700 +/- sq ft of living space spread throughout three levels. The main level has 10' ceiling heights and is home to an open eat-in kitchen featuring a 43" La Cornue Stove, Wolf Microwave, 72" Thermador Refrigerator & Miele wine unit. This custom gourmet kitchen has Calcutta Porcelain counters and backsplash, set around a large 6'x9' island to enjoy many gatherings. The open kitchen leads into an expansive great room with full glass exposure to 72" dual custom outdoor water / fire features on each side of sitting area. To complete the main level you will also find a dog room (built in crates & dog bath, leads out into the exterior fenced in dog run), laundry/mud room, & powder room. A custom floating staircase will lead you to the upper level which includes 2 ensuite bedrooms that lead out to their own private terrace overlooking the immaculate grounds, 2 additional bedrooms that share a bath, and a second laundry room. In the lower level (10' ceiling height) you will find a complete gym / yoga room with 4 person sauna and walkout to outdoor terrace, a home movie theater with stadium seating, office, recreation area, refreshment area, full walk in pantry, and an additional bedroom with a full bathroom. The resort style backyard features a 40' x 20' mirror gunite pool & spa, porcelain tiled patio, in-ground fire pit, outdoor shower and 200 sq ft pool house with additional bathroom. This masterpiece is fully equipped with surround sound system speakers in each room, full security system with an audio & visual package, and smart systems that seamlessly integrate with devices. Thoughtfully designed with top of the line materials, this is a unique opportunity to own a modern gem in an incredible Montauk location.
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$6,745,000
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 | $5,396,000 | $5,396,000 | $5,396,000 |
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 | $1,500 | $1,500 | $1,500 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,224 | $35,900 | $47,750 |
Total Monthly Payment | $34,849 | $37,525 | $49,375 |
* 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.