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Presented by
Megan Northrop |
61 Lower 7 Ponds Road, Water Mill, NY, 11976 | $4,095,000
61 Lower Seven Ponds Road, a hidden gem in the heart of Water Mill where luxury living meets unspoiled natural beauty. Set on nearly 9 acres of lush, parklike grounds, this extraordinary estate offers a rare combination of serenity, space, and potential in one of the Hamptons' most sought-after enclaves. The main residence blends timeless charm with endless opportunity. Currently featuring generous living areas, a luminous solarium that invites nature indoors, sunroom, den, and a sauna. The home also includes three unfinished rooms above the garage-offering the potential to expand the total living space to approximately 6, 000 square feet. Whether you're dreaming of additional bedrooms, a gym, an artist's studio, or a home theater, the possibilities are as expansive as the landscape itself. Adding to the allure, an adorable, fully renovated guest cottage sits gracefully on the property. Ideal for hosting guests, or as a private workspace, the cottage complements the main home while offering its own stylish retreat. Outdoors, the estate is a true recreational paradise. Wide open lawns are framed by mature trees and landscaping, providing both seclusion and elegance. Nature lovers and sports enthusiasts alike will be captivated by the setting-whether it's boating, archery, fishing, or hunting, the property is tailored to a range of outdoor passions. In warmer months, enjoy bird watching by day and tranquil sunsets over the western-facing pond by evening. In the winter, the landscape transforms into your personal ice-skating haven. This exceptional Water Mill offering is more than just a residence-it's a lifestyle. Whether you're seeking a peaceful escape, a legacy compound, or a canvas to bring your architectural vision to life, 61 Lower Seven Ponds Road delivers the ultimate in Hamptons living. Architectural rendering shown is for illustrative purposes only, designed by Christopher Arelt, Architect, AIA. Nautilus Architects. Additional information about this design/ build opportunity available.
Features
- Rooms: 15
- Bedrooms: 4
- Baths: 4 full
- Year Built: 1898
- Heating: Oil, Forced Air
- Cooling: Central Air
- Est. Taxes: $8,583
- Water Front: Yes
- High School: Southampton High School
- School District: Southampton
- Pool: In Ground
- Appliances: Electric Water Heater
- MLS#: 3586103
- Days on Market: 441 days
- Website: https://www.raveis.com
/eprop/3586103/61lower7pondsroad_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.
Megan NorthropSales Associate
203.671.3311
Megan.Northrop@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
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@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
61 Lower 7 Ponds Road, Water Mill, NY, 11976
$4,095,000
Megan Northrop
Sales Associate
William Raveis Real Estate
Phone: 203.671.3311
Megan.Northrop@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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,276,000 | $3,276,000 | $3,276,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.625% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.732% | 5.555% |
| Monthly Tax Payment | $715 | $715 | $715 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,337 | $18,859 | $26,551 |
| Total Monthly Payment | $18,177 | $19,699 | $27,391 |
* 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