2 Gail Terrace, Glen Cove, NY, 11542 | $1,990,000

Elegant Living in Red Spring Manor Welcome to 2 Gail Terrace, an exquisite residence in the prestigious Red Spring Manor community, offering private beach access and refined coastal living. This beautifully updated 5-bedroom, 3. 5-bathroom home seamlessly blends timeless sophistication with modern comfort. Step into a grand two-story foyer with a stunning staircase, setting the tone for the home’s gracious interior. The first floor boasts a formal dining room, elegant living room, and inviting family room, all thoughtfully designed for both intimate gatherings and lavish entertaining. The chef’s kitchen, fully renovated just 2 years ago, features top-of-the-line finishes, a pantry, and an open-concept flow perfect for today’s lifestyle. A separate laundry room and attached two-car garage add to the convenience. Upstairs, the luxurious primary suite offers a serene retreat, while a second en-suite bedroom and three additional spacious bedrooms provide comfort for family and guests. All bathrooms, tastefully updated with marble finishes, exude spa-like elegance. The home’s thoughtful upgrades include a new boiler (2023), updated bathrooms (2023), and a roof under 10 years old. Two custom marble fireplaces add warmth and sophistication. The outdoor oasis is designed for resort-style living, featuring a heated vinyl pool, a charming pergola with a marble dining table, and lush landscaped grounds perfect for summer entertaining. The unfinished basement offers incredible potential to create a media room, gym, wine cellar, or additional living space limited only by your imagination. Situated in a coveted community with private beach access, this home combines luxury, comfort, and the best of North Shore living. Experience coastal elegance at its finest. Schedule a private tour today!

Features

  • Amenities: Clubhouse, Park, Recreation Facilities
  • Rooms: 15
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Laundry: In Hall, Inside, Laundry Room
  • Style: Colonial
  • Year Built: 1999
  • Garage: 2-car
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Basement: Full, Storage Space, Unfinished
  • Approx Sq. Feet: 4,191
  • Acreage: 0.46
  • Est. Taxes: $22,252
  • HOA Fee: $800 Annually
  • Water Front: Yes
  • Elem. School: Landing School
  • Middle School: Robert M Finley Middle School
  • High School: Glen Cove High School
  • School District: Glen Cove
  • Pool: Electric Heat, In Ground, Outdoor Pool, Vinyl
  • Appliances: Cooktop, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer
  • MLS#: 890307
  • Days on Market: 166 days
  • Website: https://www.raveis.com
    /eprop/890307/2gailterrace_glencove_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Daniel Gale Sothebys Intl Rlty   Phone: 516-677-0030

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2 Gail Terrace, Glen Cove, NY, 11542

$1,990,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,592,000 $1,592,000 $1,592,000
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 $1,854 $1,854 $1,854
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,668 $9,417 $13,220
Total Monthly Payment $10,647 $11,396 $15,199

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.