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Historic and fully renovated with a modern floor plan like no other. This grand scale circa 1900 Tuxedo Park country lodge, built by Pierre Lorillard as a wedding gift for his daughter. 12 ft ceilings on the first floor and even higher cathedral ceiling on the second floor is the perfect country home for entertaining and family gathering with 11, 000+ sq ft, 6 Bedrooms are all ensuite. Now with a modern floor plan to accomodate home offices, a home gym, studio and hobby space and more. Sited on 3 acres on top of Summit Road with room for a pool with mountain views, the house wraps around a central courtyard with gardens on all sides. There is a 6 plus car garage. Finishing touches still need to be completed. . Buyer can select some finishes. List price reflects the home completely finished and move-in ready (90-120 days). Fully renovated and restored: Brand new roof rafters, brand new cedar roof, plumbing, electrical, all interior plaster removed and new framing and sheetrock installed. All windows were catalogued and removed from home, restored, and reinstalled. Seller has ordered the new kitchen and it will be installed with top of the line appliances. Architecture and renovation by architect Conrad Roncati of Architectura.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,996,000 | $3,996,000 | $3,996,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.048% | 5.858% | 5.681% |
| Monthly Tax Payment | $7,583 | $7,583 | $7,583 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $21,451 | $23,320 | $32,651 |
| Total Monthly Payment | $29,159 | $31,028 | $40,359 |
* 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.