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7 BDRM Water Mill Estate Rental for U. S. Open Championship Set on nearly three private acres in Water Mill North, this newly renovated estate offers the ultimate Hamptons vacation package just moments from Southampton, Bridgehampton, Sag Harbor, and easy access to the U. S. Open Golf Championship. Designed for effortless summer living and entertaining, the residence spans approximately 8, 000 square feet across three finished levels with 7 bedrooms, 9 full baths, and 1 half bath. A long private drive leads to the beautifully reimagined home, where expansive interiors, soaring ceilings, and refined finishes create a sophisticated yet relaxed atmosphere. The dramatic great room with 25-foot ceilings flows seamlessly into multiple gathering spaces including a paneled library/media room, formal dining room, and an oversized chef's kitchen with premium appliances, double islands, wine refrigeration, and butler's pantry. The primary suite occupies its own private wing and features a fireplace, spa bath, generous walk-in closet, and balcony overlooking the grounds. Additional guest suites are all ensuite and thoughtfully positioned for privacy and comfort. The finished lower level includes a recreation room with billiard table, gym, sauna, wine cellar, and additional lounge areas. Outdoor amenities rival those of a private resort. Over 2, 000 square feet of bluestone patios surround the heated 50-foot gunite pool and spa, complemented by a fully equipped outdoor kitchen and expansive entertaining areas. A north/south Har-Tru tennis court is set amid mature landscaping and rolling lawn, creating complete privacy throughout the property. Additional features include Smart Home technology, Sonos sound system, Lutron lighting, motorized shades, radiant heated bathroom floors, multiple fireplaces, central vacuum, security system, and attached garage. A rare opportunity to enjoy a turnkey luxury estate rental offering the ultimate Hamptons summer lifestyle during championship golf season. [[Rental Registration # Pending]]
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Our Executive Mortgage Banker:
$300,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $240,000 | $240,000 | $240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,437 | $1,497 | $1,960 |
| Total Monthly Payment | $1,512 | $1,572 | $2,035 |
* 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.