40 Knollwood Drive, Southampton, NY, 11968 | $2,995,000

Recently completed and fully staged, this impeccably priced five-bedroom residence sits on a generous lot in a picturesque neighborhood just moments from both ocean and bay beaches. Surrounded by world-class golf courses and conveniently close to the village of Southampton, the home offers the perfect blend of luxury, lifestyle, and location. Thoughtfully designed from the ground up with no detail overlooked, this new home features a seamless indoor–outdoor layout ideal for entertaining. The open-concept kitchen showcases high-end finishes and premium appliances, flowing effortlessly into the dining area and living room, and anchored by a custom fireplace. A dramatic 16-foot glass slider opens to an expansive deck, a hidden outdoor living room, and a sun-drenched patio overlooking the beautifully landscaped backyard and heated gunite pool with discreetly housed new pool equipment. Private living spaces are equally impressive, led by a serene primary suite complete with a sitting area, Juliette balcony, spa-like bath with double vanity, water closet, oversized walk-in shower, and generous walk-in closet. Four additional bedrooms, three additional baths, and a den provide ample space for entertaining. Additional interior highlights include oak flooring and tiling plus all new lighting throughout, a spacious two-car garage with mudroom entry, and two laundry rooms. The all new exterior is finished with a shingled roof, half-round gutters, cedar Hamptons-style shingle siding, mahogany decking, Andersen windows and doors, and extensive custom stonework throughout the walkways, patios, and driveway. Behind the scenes, the home is fully outfitted with new modern infrastructure, including energy-efficient spray insulation, a gas furnace, Navien hot water system, two-zone HVAC, new plumbing and gas lines, a 200-amp electrical system, and underground utilities. The advanced I/A OWTS wastewater system allows for future expansion, complemented by a nine-zone irrigation system, a 1, 000-gallon propane tank, and both town and well water. A rare opportunity to own turnkey luxury in one of Southampton’s most desirable settings.

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 4 full
  • Laundry: Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Style: Contemporary
  • Year Built: 1991
  • Garage: 2-car
  • Heating: Forced Air
  • Cooling: Central Air
  • Approx Sq. Feet: 2,800
  • Acreage: 0.6
  • Est. Taxes: $12,024
  • Elem. School: Tuckahoe School
  • Middle School: Southampton Intermediate School
  • High School: Southampton High School
  • School District: Southampton
  • Pool: In Ground
  • Appliances: Stainless Steel Appliance(s)
  • MLS#: 949089
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /eprop/949089/40knollwooddrive_southampton_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 Douglas Elliman Real Estate   Phone: 516-746-0440

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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

Jennifer HartRegional Sales Manager, William Raveis Insurance

978.457.6220

Jennifer.Hart@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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

40 Knollwood Drive, Southampton, NY, 11968

$2,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,396,000 $2,396,000 $2,396,000
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 6.021% 6.110% 5.932%
Monthly Tax Payment $1,002 $1,002 $1,002
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,046 $14,365 $19,897
Total Monthly Payment $14,173 $15,492 $21,024

* 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.