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North Fork Wine Country Investment Retreat – Prime 3-Acre Agricultural Estate with Endless Possibilities Set along the highly desirable Sound Avenue corridor, this exceptional 3-acre agricultural and residential estate offers unmatched potential for builders, growers, or boutique winery development. Perfectly positioned in the heart of Long Island’s North Fork wine country, this property combines agricultural zoning flexibility with residential comfort. The main residence includes five bedrooms and three full bathrooms, featuring a den, living room, and sunroom, all centered around three classic wood-burning fireplaces. The home retains its timeless character with oil baseboard heating, a full attic, and an unfinished basement ideal for storage or expansion. The grounds are designed for production and functionality, with three warehouse structures totaling approximately 11, 000 sq. ft. , a three-car garage, and a separate accessible section offering 1, 500 sq. ft. of storage — perfect for farm management, equipment housing, or on-site living for staff. This property also includes two active wells, a septic system, and a sprinkler-equipped 3-acre lot. It borders 10 acres of preserved farmland, ensuring open views and lasting privacy — an invaluable advantage for long-term agricultural or commercial use. Located minutes from Mattituck Village, vineyards, and beaches, this parcel lies within the Mattituck-Cutchogue School District, known for its small-town community and excellent local amenities. Ideal Uses: Boutique Winery • Farmstead Estate • Contractor/Yard Headquarters • Agricultural Business • Multi-Generational Homestead This is a rare opportunity to own a property in one of the North Fork’s most valuable agricultural zones, where open space, natural beauty, and economic opportunity meet.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,000
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 | $1,599,200 | $1,599,200 | $1,599,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,330 | $1,330 | $1,330 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,585 | $9,333 | $13,067 |
| Total Monthly Payment | $10,040 | $10,788 | $14,522 |
* 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.