|
A Rare Opportunity to Own Two Turnkey Residences (1657 & 1655 Pierpont Ave). Experience the unmatched lifestyle offered by this dual-residence property -- featuring a new, custom-built 5-bedroom, 5. 5-bathroom main home and a beautifully designed, separately metered, detached 2-bedroom, 2-bathroom ADU, each thoughtfully curated for luxury, versatility, and comfort. Whether you're seeking multi-generational living, guest accommodations, or rental income, this estate delivers. Main Residence - 1657 Pierpont Avenue 5 Bedrooms | 5. 5 Bathrooms | Approx 3, 650 Sq Ft Crafted for the discerning homeowner, this residence offers modern elegance and high functionality. The moment you step inside, the 22-foot vaulted ceilings, wide-plank white oak flooring, and open-concept layout set the tone for sophistication and space. Interior Highlights: - Chef's kitchen with Decor gas appliances, custom cabinetry, oversized island, and walk-in pantry - Expansive main living room with natural light, dramatic ceiling height and gorgeous fireplace - Second-story lounge with built-in desks and wet bar (sink, microwave, mini fridge) - Five impeccably appointed en-suite bedrooms, highlighted by a luxurious primary suite with a spa-inspired walk-in shower featuring dual shower heads and two expansive walk-in closets. - Laundry room and functional mudroom with real brick herringbone. - Whole home Generac natural gas-powered generator for uninterrupted power ADU - 1655 Pierpont Avenue 2 Bedrooms | 2 Bathrooms | Private Entrances | Approx. 1, 029 Sq Ft The detached ADU offers remarkable flexibility and privacy across two levels: First Floor: - One bedroom with en-suite bathroom - Mudroom/drop zone - Private entrance - Access to a secluded patio, ideal for morning coffee or evening relaxation Second Floor Apartment: - One-bedroom apartment with full kitchen, living area, and full bathroom with washer and dryer - Perfect for guests, extended family, or long-term rental income Bonus: The ADU has its own whole home Generac natural gas-powered generator and is designed with the same attention to detail and quality as the main residence. Outdoor Features - Professionally landscaped yard with room to personalize - A 12-foot custom brick outdoor fireplace, a true statement piece for entertaining year-round - Durable Hardie board siding for lasting beauty and protection - Separate patios for both main home and ADU - Ample parking and privacy-enhancing layout - Full irrigation system Highlights At a Glance - Brand-new construction: Main home, ADU - Total of 7 bedrooms, 7. 5 bathrooms across both structures - Dual natural gas generators for Main home and ADU - Independently metered structures - Smart, livable layout with unmatched quality and finishes - Ideal for multi-generational families, investors, or primary homeowners with income potential
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,875,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,500,000 | $1,500,000 | $1,500,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,517 | $8,993 | $12,456 |
| Total Monthly Payment | $8,642 | $9,118 | $12,581 |
* 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.