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A refined waterfront retreat in the heart of Babylon Village. Privately set along a quiet lane, this exceptional cedar Colonial captures the essence of timeless coastal elegance with sweeping views of tranquil Mud Creek and direct access to the Great South Bay. Custom re-built in 2000, and fully renovated in 2020, this distinguished residence seamlessly blends classic New England architecture with sophisticated modern amenities. A gracious front porch welcomes you into sun lit interior designed for both entertaining and intimate everyday living. The stunning great room with walls of windows, flows into a beautifully appointed granite kitchen, all overlooking the landscaped grounds and water views. The luxurious primary suite is a true sanctuary, featuring soaring vaulted ceilings and a private balcony offering a breathtaking setting to take in peaceful waterfront sunrises. A thoughtfully positioned second-floor office offers a beautiful work area for those that work at home. Designed for the discerning waterfront lifestyle, the property boasts 50 feet of navy bulkhead with a cut-in ramp, along with water and shore power. Perfect for boating, jet-skiing and other water sports with access to the open bay. All of this with no flood insurance required! Ideally located just moments from the vibrant Babylon Village with amazing restaurants and shops and the Babylon train line with a direct commute to Manhattan in approximately an hour, this extraordinary home offers the ultimate balance of privacy, luxury, and convenience. Must see in person. Exclusively shown by private appointment.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,299,999
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 | $1,039,999 | $1,039,999 | $1,039,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $1,854 | $1,854 | $1,854 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,905 | $6,403 | $8,776 |
| Total Monthly Payment | $7,884 | $8,382 | $10,755 |
* 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.