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Exclusive Waterfront Opportunity – 2. 77 Acres on a Private, State-Protected Lake 428 D Harbor Road, Cold Spring Harbor, NY 11724 Welcome to one of the most unique and coveted parcels in Laurel Hollow. This 2. 77-acre estate site offers direct, unobstructed views of a pristine, state-protected private lake, a lake that only you can access and enjoy. Tucked away on a private road, surrounded by mature woodland, and boasting two separate driveways, this property blends rare natural beauty with unmatched privacy. The building site is already cleared and ready, with a fully approved architectural plan for a 4, 500 sq. ft. modern luxury residence. The home design, created by a licensed professional architect, is inspired by the refined elegance of a Kardashian residence, incorporating the same blueprint proportions and design language. Over $100, 000 has been invested in the planning and approvals, which have already been submitted to the Village of Laurel Hollow. This property offers the ultimate advantage: Over $100, 000 invested in plans and approvals for this property. Skip over two years of planning, submissions, and design hurdles. Every step from architectural design to municipal approval has been completed, allowing you to break ground as quickly as you like. Highlights Include: 2. 77 wooded acres with a private, state-protected lake along with direct lake views, exclusive private access, 2 separate driveways for versatile entry and parking. Building site cleared and ready for construction. 4, 500 sq. ft. approved home designed by a Premier Licensed Architect. This is a once-in-a-lifetime chance to secure one of the North Shore’s most remarkable building sites, combining rare natural surroundings with the convenience of an immediate ready to build opportunity located in the prestigious Village of Laurel Hollow.
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Our Executive Mortgage Banker:
Our Insurance Division:
$888,000
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 | $710,400 | $710,400 | $710,400 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,760 | $4,146 | $5,805 |
| Total Monthly Payment | $3,852 | $4,238 | $5,897 |
* 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.