571 Pauls Lane, Bridgehampton, NY, 11932 | $185,000

Bridgehampton South, Borders Reserve Spend yor 2 week vacation in an elegant, thoughtfully designed estate set on nearly two acres in coveted Bridgehampton South. Less than one mile to the Atlantic Ocean, the property borders over 40 acres of protected, south-facing reserve, offering open sunrise and sunset views and an exceptional sense of privacy. An expansive lawn and the reserve beyond create the feeling of a secluded retreat. The approximately 9, 000± square foot residence was designed by architect Eric Woodward, built by Michael Davis Construction, and decorated by Marie Christine McNally. Bright, airy interiors span three levels and include seven bedrooms, seven full baths, and three half baths, all serviced by an elevator. The main level offers a refined balance of comfort and functionality, featuring a living room with limestone fireplace, formal dining room, and a family room with marble fireplace and glass doors opening to a covered outdoor living area with fireplace and television. The eat-in kitchen is finished with a Danby marble island, countertops, and backsplash, Wolf and Sub-Zero appliances, walk-in pantry, and a marble butler's pantry. A junior primary suite overlooking a private garden is also located on this level, along with a mudroom, outdoor shower, and cabana bath. Pale oak wide-plank floors, custom shiplap, and detailed ceiling paneling are carried throughout. Additional spaces include an office or wellness room, two powder rooms, laundry, generous storage, and an attached two-car garage. Upstairs, the primary suite offers a gas fireplace, private balcony with reserve views, two walk-in closets, and a spa-quality bath with soaking tub, quartz vanity, marble steam shower, and private water closet. Three additional en-suite bedrooms are well proportioned and quietly elegant, along with a second, larger laundry room. The finished lower level provides a sophisticated recreational setting with custom library and media wall, gym with sauna, and two en-suite bedrooms, Outdoor amenities include a heated gunite pool and spa, poolside patio with grilling and dining areas, and a covered porch/lounge with fireplace and television. The lush grounds, designed by Jonathan Davis Landscape Architect are spectacular. Private, composed, and ideally suited for a two-week summer residence, the property offers discretion, comfort, and effortless indoor-outdoor living in one of Bridgehampton South's most sought-after settings. [[Rental Registration # RP241385]] Available for 2 weeks for $185, 000.

Features

  • Type: Single Family
  • Rooms: 15
  • Bedrooms: 7
  • Baths: 7 full / 3 half
  • Laundry: Laundry Room
  • Style: Traditional
  • Year Built: 2020
  • Garage: 2-car
  • Heating: Hot Air, Oil
  • Cooling: Central Air
  • Basement: Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 6,000
  • Acreage: 1.86
  • Elem. School: Bridgehampton School
  • Middle School: Bridgehampton School
  • High School: Bridgehampton School
  • School District: Bridgehampton
  • Pool: Pool/Spa Combo
  • Pet Policy: Call
  • Appliances: Cooktop, Dishwasher, Freezer, Gas Cooktop, Gas Oven, Gas Range, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Gas Water Heater
  • MLS#: 971552
  • Days on Market: 12 days
  • Website: https://www.raveis.com
    /prop/971552/571paulslane_bridgehampton_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 Sothebys Int'l Realty Hamptons   Phone: 631-283-0600

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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

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571 Pauls Lane, Bridgehampton, NY, 11932

$185,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $148,000 $148,000 $148,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.374% 6.524% 5.866%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $887 $923 $1,219
Total Monthly Payment $962 $998 $1,294

* 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.