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Presented by
Dominique LaRose |
408 Old Montauk, Montauk, NY, 11954 | $18,000,000
Presenting one of the rarest and most majestic Oceanfront offerings in The Hamptons - The Stone House, located at 408 Old Montauk Highway, a coveted Private Oceanfront location with panoramic views throughout including nearby Montauk lighthouse and Block Island. Nestled on 3. 2 acres with 178. 7ft of Ocean frontage, this exquisite estate offers a majestic main residence drafted by the finest artisans with custom copper handmade windows and masterful stonework with hand carved wood exterior. Consisting of two bedrooms and two and a half baths it sits perched on a nearly 70-ft. vegetative bluff and protected by a rare rock revetment on the Atlantic Ocean. The property also boasts a separate 608 sqft +/- lofted 1-Bath artist's studio with a covered porch overlooking an open meadow. Additionally, a 186 sqft +/- pool house with bath, outdoor shower overlooks a pond-shaped 35 x 15 saltwater pool lined with large stones surrounded with expansive lawns, gardens and the ocean beyond. Originally built in 1912, the home was rebuilt in 1991 by renowned designer Tony Ingrao, whose intention was to preserve the integrity of the original structure but breathe modern conveniences into the living experience. This home is by far the most recognized for its unparalleled exclusivity, by way of location, history, architecture and garden design. Since the 1950s, the house has been occupied by several Hollywood and Entertainment elites, such as Marilyn Monroe, Joe DiMaggio and John Lennon, John F Kennedy & among others, and is cited frequently in Andy Warhol's infamous diaries. Truly a once in a lifetime opportunity to be the steward of one of the most Private, rare and collectible estates in the world. , Additional information: Interior Features: Guest Quarters, Marble Bath
Features
- Rooms: 8
- Bedrooms: 3
- Baths: 4 full / 1 half
- Style: Other
- Year Built: 1912
- Heating: Natural Gas, Forced Air
- Cooling: None
- Basement: Partial
- Approx Sq. Feet: 4,027
- Est. Taxes: $45,299
- Lot Desc: Stone/Brick Wall
- View: Panoramic, Skyline, Open
- Water Front: Yes
- High School: East Hampton High School
- School District: East Hampton
- Pool: In Ground
- Appliances: Gas Water Heater, Dishwasher, Dryer, Freezer, Refrigerator
- MLS#: 3586218
- Days on Market: 289 days
- Website: https://www.raveis.com
/eprop/3586218/408oldmontauk_montauk_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Dominique LaRoseSales Associate
203.606.5010
Dominique.LaRose@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Gerry O'BrianVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 223191
203.274.0501
Gerry.OBrian@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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Gene RahillyInsurance Sales Director, William Raveis Insurance
917.494.9386
Gene.Rahilly@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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
408 Old Montauk, Montauk, NY, 11954
$18,000,000
Dominique LaRose
Sales Associate
William Raveis Real Estate
Phone: 203.606.5010
Dominique.LaRose@raveis.com
Gerry O'Brian
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.274.0501
Gerry.OBrian@raveis.com
NMLS Mortgage Loan Originator ID 223191
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $14,400,000 | $14,400,000 | $14,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $3,775 | $3,775 | $3,775 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $76,206 | $84,034 | $117,660 |
| Total Monthly Payment | $80,106 | $87,934 | $121,560 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535