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This rare, 6. 3+ acre lot is an architect , designer, or builders dream opportunity. This spectacular private, historic site encompasses an entire mountainside directly overlooking pristine Tuxedo Lake. The property, original site of the circa 1800s Halsey Estate, features numerous lovely walking and hiking paths bordered by historic, hand hewn stone walls and stone walled garden areas that date back to the 1800's. A small, historic stone gardeners shed is included on a large, flat portion of the property that is within close proximity of the home. This was originally a formal garden area, and is accessed by a stone staircase. This would be an ideal location for a pool, croquet lawn, tennis court, or vegetable/flower garden. One entire side of this area is bordered by a historic stone wall. Located at the highest point of the property, and accessed by a wooded walking trail, sits a lovely Gazebo, with panoramic views of the entire lake and surrounding Ramapo Mountains. This beautiful setting is ideal for al fresco dining, picnicking, barbecuing, or just admiring the spectacular sunsets in the evenings over cocktails. The covered gazebo can seat twelve comfortably. The elegant, approximately 5000 sq ft custom brick home is ready to be renovated, restored, or rebuilt to the new owners specifications. All preliminary preparations have been attended to, and the first floor and lower level have been gutted and are ready to be redesigned. A new roof was put on approximately two years ago, and the home features seven woodburning fireplaces, a beautiful, large, circular brick covered terrace overlooking Tuxedo Lake, three additional terraces facing the lake, and a sun deck off of the master suite area. The second and third floors have not been gutted, and are awaiting a decorators touch. The formal dining room features gorgeous 100+ year old leaded glass cabinets and Windows , resurrected from a bygone era. Whether you wish to renovate this beautiful home, or build from scratch, this is a one of a kind opportunity that is rarely , if ever, available. For sale by owner. Shown by appointment only. Twenty four hour minimum notice, please.
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Our Executive Mortgage Banker:
$2,200,000
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 | $1,760,000 | $1,760,000 | $1,760,000 |
| 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 | $2,083 | $2,083 | $2,083 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,993 | $10,552 | $14,852 |
| Total Monthly Payment | $12,201 | $12,760 | $17,060 |
* 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.