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Highest and Best due Monday 23rd Noon. Welcome to 321 Locust Avenue, a charming split level residence set in one of Rye’s most picturesque locations, where everyday living is framed by scenic views of a nearby golf course with a tranquil pond. Perfectly positioned to take advantage of its beautiful surroundings, this three bedroom, two 1/2 bathroom home offers an inviting layout filled with natural light and endless possibilities for personalization. From the moment you arrive, the home’s classic curb appeal and welcoming presence set the tone for what awaits inside, beginning with a wonderful enclosed porch at the front of the home, the perfect place to relax with a morning coffee, enjoy a good book, or take in the peaceful neighborhood setting year round while overlooking the beautifully landscaped property. Inside, the spacious main living level is filled with natural light from large windows that capture views of the surrounding greenery and neighborhood. The living room offers a warm and comfortable space to gather, complete with recessed lighting and a natural flow into the dining area. The dining room’s bay window creates a bright and inviting setting for everyday meals or special occasions, while the kitchen features its own bay window, generous cabinet space, and a functional layout ready to be refreshed into a stunning culinary space. Upstairs, the private bedroom level offers three well sized bedrooms, including a primary suite with its own full bathroom ;One additional bedroom features charming built ins, bookshelves. While the other additional bedroom offers two closets for ample space, creating flexible rooms ideal for guests, or a home office. The lower level introduces an inviting family room with classic panel walls and direct outside access, making it the perfect setting for a cozy den, media room, or gathering space, while a nearby 1/2 bath with laundry adds everyday convenience. The basement expands the home’s possibilities even further with a recreation room, wet bar, and additional storage areas that provide great space for entertaining, hobbies, or future finishing. Outside, the property truly shines. The beautifully landscaped lot is magnificent and has been lovingly cared for over the years, with mature plantings and natural greenery creating a peaceful outdoor setting. In the backyard, a charming rock garden stands as a special feature of the property, lovingly tended for decades and adding character and beauty to the landscape, while a patio offers the ideal spot for outdoor dining, entertaining, or simply enjoying the serene surroundings. The home also includes a garage, carport, and a long driveway with ample parking for guests. Located in the highly desirable city of Rye and close to schools, parks, and transportation, 321 Locust Avenue offers the rare opportunity to create something truly special in a setting that blends natural beauty with everyday convenience, where scenic golf course views, a tranquil pond, flexible living spaces, and timeless character come together to create a home ready for its next chapter.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,550,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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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 | $1,240,000 | $1,240,000 | $1,240,000 |
| 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 | $811 | $811 | $811 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,944 | $7,534 | $10,380 |
| Total Monthly Payment | $7,880 | $8,470 | $11,316 |
* 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.