46 Riggs Place, Locust Valley, NY, 11560 | $989,000

Welcome to this enchanting 1925 Colonial, showcasing timeless curb appeal with classic architectural details and a welcoming front exterior, nestled in the heart of Locust Valley. Impeccably maintained, this diamond-condition home offers a gracious layout ideal for both everyday living and entertaining. Inside, enjoy a spacious living room with a wood-burning fireplace, a formal dining room, and a bright kitchen with a breakfast area. The main-level primary suite features a private ensuite bath, offering convenience and flexibility. Additional bedrooms provide ample space for guests, office use, or hobbies. The finished lower level expands your living space, perfect for recreation or a media room. Head outside to a tranquil setting complete with a private deck, ideal for outdoor dining or relaxation. A rare two-car detached garage adds both function and value. Mechanical highlights include a whole house generator, central air conditioning and a separate hot water heater for added efficiency. Conveniently located near local shops, dining, parks, and transportation, this home blends classic charm with modern comfort in a sought-after village setting.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Laundry: In Kitchen
  • Style: Colonial
  • Year Built: 1925
  • Garage: 2-car
  • Heating: Baseboard, Natural Gas
  • Cooling: Central Air
  • Basement: Finished, Full
  • Approx Sq. Feet: 1,934
  • Acreage: 0.18
  • Est. Taxes: $17,165
  • Elem. School: Bayville Elementary School
  • Middle School: Locust Valley Middle School
  • High School: Locust Valley High School
  • School District: Locust Valley
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Refrigerator
  • MLS#: 974272
  • Days on Market: 83 days
  • Website: https://www.raveis.com
    /eprop/974272/46riggsplace_locustvalley_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.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Fay GoebertSales Associate

917.916.1693

Fay.Goebert@raveis.com

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

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 130058

203.952.8600

Joseph.Mollica@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

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@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

46 Riggs Place, Locust Valley, NY, 11560

$989,000

Fay Goebert

Sales Associate

William Raveis Real Estate

Phone: 917.916.1693

Fay.Goebert@raveis.com

Joseph Mollica

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.952.8600

Joseph.Mollica@raveis.com

NMLS Mortgage Loan Originator ID 130058

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $791,200 $791,200 $791,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.121% 6.183%
Monthly Tax Payment $1,430 $1,430 $1,430
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,492 $4,744 $6,677
Total Monthly Payment $6,014 $6,266 $8,199

* 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.