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I am proud to bring 605 Gus Drive in East Marion to the market. A custom-built, classic Hamptons style home, nestled on a shy acre at the end of a serene cul de sac. This enchanting property, completed in 2022, offers an exquisite blend of elegance, comfort, and luxury, wrapped in an abundance of natural light. Enter through the front door into a grand foyer boasting elegant 20-foot ceilings. The rest of the groundfloor features 10-foot ceilings, creating an airy, spacious atmosphere throughout the sprawling 3400sq ft of living space(excluding the basement). Oak hardwood floors add a touch of warmth and sophistication to each room and add to the sense of grandeur throughout. The home comprises of 5 bedrooms, 4 full bathrooms, and 1 half bath. 3 of the bedrooms are en-suite, offering ample space for relaxation and privacy. One of the ground-floor bedrooms currently serves as a home office, providing an ideal workspace bathed in natural light. However, this could easily be converted back to a fifth bedroom. The heart of the home is undoubtedly the high-end chef's gourmet kitchen. Fitted with top-of-the-line appliances and a large quartzite center island, it's a space designed for culinary exploration. An open fireplace, powered by natural gas, adds a cozy ambiance to the living area. The property's exterior is just as impressive. Step onto the mahogany covered porch at the rear, where you will find your very own 20 by 40 heated gunite in-ground pool inviting you to cool off on hot summer days, while the private deeded sugar sand beach on Peconic Bay offers a tranquil retreat. The home, with its gambrel architecture and cedar shake siding, is surrounded by wildlife. Expect to see ospreys in the spring and summer, deer in the fall, and enjoy vibrant fishing opportunities right off your backyard in Peconic Bay. The unfinished basement with 9 foot ceilings offers potential for additional living space, a media room, gym or storage, depending on your needs. The home is heated by natural gas, ensuring comfort throughout the year. This home's location is a stone's throw from Greenport Village, renowned for its extensive amenities and warm hospitality. Whether you're looking for dining, shopping, or leisure activities, you'll find it all nearby. This stunner is more than just a home; it's a lifestyle. A place where classic elegance meets modern comfort, where nature's beauty is your backdrop, and where every day feels like a vacation. Embrace everything the North Fork has to offer: pristine beaches, scrumptious restaurants, local organic produce & a burgeoning wine country. Don't miss the opportunity to make this dream home yours. Schedule your private showing today!
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Our Executive Mortgage Banker:
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$2,595,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $2,076,000 | $2,076,000 | $2,076,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | $907 | $907 | $907 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,304 | $12,447 | $17,239 |
| Total Monthly Payment | $12,336 | $13,479 | $18,271 |
* 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.