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Set on over 5. 5 private acres with 200 feet of pristine bay frontage, this exceptional Post-and-Beam residence captures the quiet beauty and understated luxury that define New Suffolk at its best. Built by Burger Construction with an uncompromising focus on craftsmanship and quality, the five-bedroom, five-bath home balances striking architecture with an easy, highly functional livability. A winding driveway leads through bucolic surroundings to the cedar-shingled home, where soaring double-height glass immediately frames sweeping water views and fills the interiors with natural light. Thoughtfully designed living spaces, anchored by two fireplaces, unfold across a sprawling floor plan, with views of the bay from nearly every room and a seamless connection to the surrounding landscape. The grounds offer ample room for luxury amenities, creating the opportunity for a truly world-class compound. A three-car garage with finished studio space above adds further versatility for guests, while the walk-out lower level, with 10-foot ceilings and over 3, 300 square feet, offers exceptional utility or flexibility for additional living, recreation, or entertaining space. A full-house generator completes the offering. Rarely do properties of this scale, quality, and setting become available in New Suffolk. A true generational opportunity on one of the North Fork’s most coveted stretches of waterfront.
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:
$10,250,000
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 | $8,200,000 | $8,200,000 | $8,200,000 |
| 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 | $3,327 | $3,327 | $3,327 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $46,559 | $50,489 | $69,196 |
| Total Monthly Payment | $50,011 | $53,941 | $72,648 |
* 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.