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A Rare Investment Opportunity in the Historic Village of Bayville, NY Nestled in the heart of the Incorporated Village of Bayville, this rare offering presents a once-in-a-lifetime opportunity to own a unique vacation compound just 500 feet from a pristine private beach. Located on Long Island’s North Shore, Bayville has long been a beloved seaside destination for travelers near and far. Originally settled in the 1600s and later incorporated in 1919, Bayville evolved into a charming beach community known for its serene coastal views, laid-back lifestyle, and strong sense of community. Today, it remains a hidden gem—offering the perfect blend of nostalgia, natural beauty, and convenience. This exceptionally unique property features four separate homes on one parcel, totaling 7 bedrooms and 4 bathrooms—making it ideal for a large gathering retreat, income-generating rental property, or private compound. Three of the four cottages have been beautifully renovated with modern finishes while preserving their beachy charm. The fourth cottage is partially renovated, offering the next owner the chance to customize it to their taste. With unobstructed, year-round views of the Long Island Sound, the setting is nothing short of spectacular. Enjoy morning visits to the beach, sunset bonfires, and the peaceful sounds of nature—all just minutes from your front door. Whether you're looking for a peaceful getaway or an investment in one of Long Island’s most picturesque communities, this property delivers Four separate cottages on one parcel 7 bedrooms / 4 bathrooms total Three fully renovated, one partially renovated Approximately 500 feet to private beach access Unmatched, unobstructed views year-round Located in the historic and charming Village of Bayville Create your own legacy on the North Shore—this Bayville retreat offers charm, flexibility, and the lifestyle dreams are made of.
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:
$2,088,888
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 | $1,671,110 | $1,671,110 | $1,671,110 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.885% |
| Monthly Tax Payment | $1,062 | $1,062 | $1,062 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,228 | $9,885 | $13,765 |
| Total Monthly Payment | $10,415 | $11,072 | $14,952 |
* 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.