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"House No. 5" is part of Philwold, a quiet five-home enclave designed by Eugene Schoen for members of the Wechsler family in the late 1930s. Schoen created a compound Usonian in spirit — channeling Frank Lloyd Wright's belief that a home should grow from its landscape. The house delivers on that promise with warm wood paneling, generous proportions, oak floors, and abundant natural light. Thoughtfully sited around Gilman Pond, No. 5 offers a rare combination of privacy, water access, and architectural pedigree. The entry sets the tone with a built-in bench-and-hook nook and powder room with bold wallpaper. Beyond, the living room opens wide — wood-paneled and anchored by a wood stove with brick surround — with a windowed dining alcove at the far end overlooking the pond. The den, clad in the same warm pine, works equally well as a media room, office, or ground floor bedroom, with a connecting full bath adding flexibility. The kitchen has been thoughtfully updated: cherry cabinetry, granite countertops, a 6-burner Wolf cooktop, and a butcher block island, plus a striking wall of steel-framed frosted glass cabinetry. A discreet door reveals a tucked-away bar with sink and beverage fridge — cocktail station or butler's pantry, your call. French doors open to the front patio and a pretty garden, not to mention a recently-added barrel sauna. The finished basement includes a rec room with pool table, laundry, and storage. Upstairs are four bedrooms (one is shown as a drool-worthy office featuring two walls of windows with water and treetop views) and two full baths. The primary is spacious with an en suite offering tub and tiled shower. Another standout bedroom features whitewashed shiplap and built-in dresser. There are flagstone patios front and back, a fire pit overlooking the pond and a pretty waterfront clearing for hanging out or launching your kayak or canoe. The separate two-car garage is a really useful bonus. This sale includes an adjacent vacant buildable lot for added privacy and flexibility. Philwold ownership also conveys an exclusive access point to the Neversink Unique Area — a 4, 500-acre preserve with spectacular river gorge with more challenging trails in for the public. Convenient to the Forestburgh Playhouse, Bethel Woods, and the popular Forestburgh General Store.
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Our Executive Mortgage Banker:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
| 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 | $1,576 | $1,576 | $1,576 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,928 | $5,347 | $7,367 |
| Total Monthly Payment | $6,629 | $7,048 | $9,068 |
* 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.