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Presented by
Mary Burr |
5 Lower 7 Ponds Road, Water Mill, NY, 11976 | $2,995,000
Just Renovated - Sweeping Farm Views and Heated Pool Excellent location at the corner of Seven Ponds Towd Road. This pristine home is in the farm field area of Water Mill North with 5 acres of Town protected land in the rear. It was just renovated with modern touches. There are four bedrooms, 3. 5 bathrooms, a finished basement and a heated 50 foot pool with sweeping farm views. The first floor has a marble entry foyer that opens into a spacious living room with a cathedral ceiling and black granite wood burning fireplace; a sunny formal dining room with French doors; a separate chef’s kitchen with white cabinets, marble countertops, and high end appliances (Wolf /Sub-Zero/Miele); and a hallway powder room. Upstairs the primary bedroom suite has a marble bathroom with jacuzzi tub; and two additional guest bedrooms share a marble bathroom with custom glass shower. The tastefully finished basement has a gallery/foyer, bedroom, porcelain tile bathroom with glass-enclosed shower, spacious media/entertainment room; and a laundry room. A massive outside rear deck affords panoramic farm field and sunset views and overlooks the 50 foot heated vinyl pool with Bluestone patio. The professional landscaping includes privet hedges, deer resistant Arbor Vitae trees, and an extensive irrigation system. Recent HVAC system, custom window treatments and stunning landscaping complete this turnkey home. Located a short distance from Flying Point ocean beach the shopping/villages of Southampton, Water Mill , Bridgehampton and Sag Harbor. Furnishings separately available. Recent survey with elevations upon request.
Features
- Rooms: 8
- Bedrooms: 4
- Baths: 3 full / 1 half
- Laundry: In Basement, Laundry Room
- Style: Cape Cod
- Year Built: 1997
- Heating: Oil
- Cooling: Central Air
- Basement: Bilco Door(s), Finished, Full
- Approx Sq. Feet: 2,700
- Acreage: 0.97
- Est. Taxes: $6,907
- Lot Desc: Cleared, Corner Lot, Front Yard, Landscaped, Level, Private, Sprinklers In Front, Sprinklers In Rear, Views
- Elem. School: Southampton Elementary School
- Middle School: Southampton Intermediate School
- High School: Southampton High School
- School District: Southampton
- Pool: In Ground, Outdoor Pool, Pool Cover, Vinyl
- Appliances: Dishwasher, Dryer, Freezer, Gas Oven, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer, Gas Water Heater
- MLS#: 866002
- Days on Market: 253 days
- Website: https://www.raveis.com
/eprop/866002/5lower7pondsroad_watermill_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.
Mary BurrLicensed Associate Real Estate Broker
914.441.6732
Mary.Burr@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.
Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2166562
302.293.7433
Brian.Shahwan@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
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@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
5 Lower 7 Ponds Road, Water Mill, NY, 11976
$2,995,000
Mary Burr
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 914.441.6732
Mary.Burr@raveis.com
Brian Shahwan
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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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 | $2,396,000 | $2,396,000 | $2,396,000 |
| 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 | $576 | $576 | $576 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,680 | $13,982 | $19,577 |
| Total Monthly Payment | $13,381 | $14,683 | $20,278 |
* 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