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2 West Water Street: The Zenith of Maritime Modernism In the historic heart of Sag Harbor-a village defined by its whaling heritage and contemporary cultural gravity-Residence A emerges as a singular architectural achievement. Occupying a commanding 250'+/- of prime water frontage, this estate is not merely a residence; it is a four-level masterwork of light, glass, and stone, curated for the global citizen who demands total discretion alongside unrivaled nautical access. This unparalleled pedigree is a collaborative triumph between the visionary J. Bialsky of Bialsky Premiere Design & Development and the world-renowned Hollander Design Landscape Architects, the property represents a seamless dialogue between the built environment and the Peconic Bay. Every line is intentional, every view is framed, and every material is selected for its ability to withstand the coastal elements while maintaining a refined aesthetic. Spanning a staggering 16, 974 SF+/- of total living space, the residence is designed as a vertical sanctuary, where grand-scale entertaining meets quiet, private retreat. The interior volume boasts 12, 551 SF+/- of meticulously crafted interiors featuring a palette of organic textures and state-of-the-art finishes. The layout accommodates 8 palatial bedrooms and 10 bespoke bathrooms, ensuring ample space for guests, and live-in staff. An outdoor al fresco experience of tiered terraces and lounge decks provide a multi-sensory connection to the water. With a rooftop sanctuary, a crowning achievement, featuring a private pool and spa suspended above the harbor, offering a 360-degree vantage point of Sag Harbor's gold-coast sunsets. For the yachting enthusiast, the property offers a level of utility rarely found in private residential real estate. Exclusive marina access: The estate includes a private, deep-water marina featuring two 60' boat slips. Located at the epicenter of the Hamptons' maritime scene, providing immediate access to the open Atlantic or the sheltered coves of the Shelter Island Sound. Beyond the views, the residence functions with the precision of a high-tech fortress. From the secure private garage parking-a rare luxury in the village-to the smart-home systems that manage climate, lighting, and security from anywhere in the world, This residence is the ultimate turn-key asset for the high-net-worth portfolio.
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Our Executive Mortgage Banker:
$34,995,000
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 | $27,996,000 | $27,996,000 | $27,996,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $3,963 | $3,963 | $3,963 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $156,770 | $170,107 | $234,360 |
| Total Monthly Payment | $160,858 | $174,195 | $238,448 |
* 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.