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East Hampton Village Lane Opportunity Set on a coveted Village Lane in East Hampton, this residence presents a rare opportunity to own a home with exceptional bones in one of the area's most desirable settings. Move right in and enjoy it as is, the house also offers a true blank canvas for a buyer with vision-ideal for renovation or thoughtful re-imagining to suit a modern Hamptons lifestyle. The home is distinguished by its generously proportioned rooms and a flexible, well-designed layout. As you enter you are presented with a double height foyer and impressive staircase leading to the heart of the home, a spacious living room with soaring ceilings and a dramatic double-sided fireplace that connects to a large den, creating warmth and architectural interest across both spaces. The perfectly appointed open kitchen offers endless options with a large breakfast area, an adjacent formal dining room and a laundry/mudroom/powder room area. Upstairs, the gracious primary bedroom features its own fireplace and en-suite bath and a separate sitting area/office option for a total retreat. Three additional comfy guest beds and an updated guest bath complete the second floor. The 1500sqft unfinished basement with impressive 8. 5' height ceilings provides enormous potential for expansive additional living spaces, whether as a media room, gym, guest suite, and/or recreation area. And don't forget that giant two-car attached garage! Outdoors, an in-ground heated gunite pool completes the setting, offering the foundation for relaxed summer living and entertaining with the East Hampton Village lifestyle at your fingertips A home of scale, character, and possibility, ideally located on a prized East Hampton Village Lane-ready to be enjoyed now or transformed into something truly special.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
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 | $2,396,000 | $2,396,000 | $2,396,000 |
| 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 | $954 | $954 | $954 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,680 | $13,793 | $19,419 |
| Total Monthly Payment | $13,759 | $14,872 | $20,498 |
* 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.