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Casablanca 2. 0 | Fire Island Pines One-of-a-kind, beach retreat fully renovated in 2023, 100% new furnishings in 2024 with 7BR 4. 5BA, heated salt water pool, multilevel deck and outdoor shower. Welcome to “Perfect Privacy in the Pines”—a fully reimagined Fire Island escape just 600 ft from the ocean. Set behind a gated entry, this 7-bedroom, 4. 5-bath residence has been thoughtfully redesigned for elevated seasonal living rental performance. Whether you're here for the summer or acquiring a top-tier vacation asset, Casablanca delivers comfort, scale, and serious return. Inside the Home • Second Floor (Entrance to house on 2nd floor): The open-concept living area is anchored by an electric fireplace and a wall of sliding glass doors leading to a stunning new deck perfect for sun-soaked lounging or cocktail hours. The large dining room is wrapped in windows, bringing in tree-filtered light from every angle. The chef’s kitchen features quartz countertops, a large island, wet bar, stainless appliances, and custom soft-close cabinetry. Sleeping Quarters • 7 bedrooms in total • 3 feature private en-suite baths • 2 share a Jack-and-Jill layout • Additional flex room can serve as gym, home office, or the 6th and 7th bedrooms as guest space • No bunks or Murphy beds—all bedrooms are with queen or king accommodations • First Floor & Lower Level: • Queen en-suite bedroom • Two additional queen suites with shared Jack-and-Jill bath • King en-suite with wet bar • Queen en-suite guest suite • Additional Features: • Brand- heated new pool with adjacent private outdoor shower • Rooftop deck, all-new decking • 9-zone ductless A/C & heat system for room-by-room comfort • New roof, exterior siding, and two new 200amp Panels and Two New Water Heaters • All furniture included Just moments to the Sand Casablanca offers the ideal blend of proximity and privacy. Whether for quiet getaways or summer hosting, the location is second to none. Investment Snapshot • Cap Rate 7. 4% - NOI $159 / $2, 150 • 90% occupancy in 2025 season (June–August) • 25% lower price-per-guest vs. similar premium homes due to economies of scale booked by 12+ guests • New gut renovation: 2023 (plumbing, electric, structural and cosmetics) • All-new elegant furnishings: 2024 • 5-star guest reviews across Airbnb, VRBO, and BeKin • 16, 000+ Instagram followers fueling repeat and direct bookings Growth Outlook: Casablanca is uniquely positioned to capitalize on Fire Island Pines’s the world famous enclave for those artists, writers, entertainers, and people in the fashion industry. The Pines is known as a safe-haven for all people regardless of gender, sexual identity/orientation, nationality, religion, race, or age. Given limited housing stock, no equally accepting alternative and strong rental demand, pricing can continue to grow as renovations across the Pines boost market visibility: • Downtown revitalization (2026) led by a major hospitality group • Army Corps beach/dune restoration (2026) to enhance long-term security and shore quality • Fixed housing supply = long-term pricing power and appreciation potential Location: Fire Island Pines, NY A world-class coastal community with limited housing stock, Fire Island Pines is known for its rich architectural history, welcoming atmosphere, and strong summer demand from a global clientele. Casablanca offers rare scale and quality in a market defined by exclusivity and walkability. Casablanca: Where Luxury Meets Lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,150,000
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 | $1,720,000 | $1,720,000 | $1,720,000 |
| 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 | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | $913 | $913 | $913 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,102 | $10,037 | $14,054 |
| Total Monthly Payment | $10,140 | $11,075 | $15,092 |
* 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.