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Set on just shy of a one-acre parcel, backing directly onto Lake Garrison, this impressive stone mansion offers an extraordinary opportunity to create a truly exceptional luxury residence within the incorporated Village of Lake Success. Encompassing over 7, 000 square feet of living space, the home is defined by grand scale, striking architectural elements, and sun-drenched interiors throughout. A dramatic 30-foot entry foyer welcomes you with a custom domed skylight and soaring ceilings, setting the tone for the home’s elegance. Floor-to-ceiling windows throughout the main level bathe the interior in natural light. The first floor features an expansive living room ideal for entertaining, a formal dining room, an eat-in kitchen with center island and breakfast nook, a large private office, two generously sized bedrooms, one full bathroom, a powder room, and direct access to a covered patio overlooking the property’s serene, park-like grounds. The second level offers exceptional bedroom accommodations, including five additional bedrooms and two full bathrooms, plus a spacious primary suite complete with a walk-in closet and private en-suite bath. The fully finished lower level expands the home’s versatility, featuring a large recreation room, exercise room, wet bar, second kitchen, bedroom, full bathroom, laundry area, and ample storage—ideal for extended living, entertaining, or guest quarters. Additional highlights include a two-car attached garage and a premier setting with unparalleled privacy and tranquil lake views. While the home reflects its original grandeur and scale, it is in need of updates and thoughtful restoration, presenting a remarkable opportunity to customize and elevate a true estate property at a coveted luxury price point. An exceptional canvas for those seeking space, location, and long-term value in one of Long Island’s most desirable villages.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,600,000
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 | $2,880,000 | $2,880,000 | $2,880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 6.007% | 5.932% |
| Monthly Tax Payment | $4,519 | $4,519 | $4,519 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,681 | $17,036 | $23,916 |
| Total Monthly Payment | $20,325 | $21,680 | $28,560 |
* 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.