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Nestled in the coveted Holiday Beach community of Center Moriches, this exceptional waterfront property presents a rare opportunity to create the ultimate coastal retreat. Set in an unbeatable location with breathtaking water views, direct waterfront access, and a private dock, this expansive estate features a spacious main residence offering 5 bedrooms and 5 bathrooms, plus a separate guest cottage perfect for extended family, guests, or private accommodations. Brimming with potential, this diamond in the rough is ready for a visionary buyer to restore, renovate, or reimagine into a spectacular waterfront showplace. The generous layout, picturesque setting, and sought-after location provide the perfect foundation for a truly remarkable home. Whether you're seeking a year-round residence, summer getaway, or investment opportunity, properties like this rarely come to market. Enjoy boating, fishing, kayaking, and stunning sunsets right from your backyard, with your own private dock providing easy access to the water. All of this is conveniently located just moments from Center Moriches' charming downtown, local marinas, restaurants, the Hampton's and pristine beaches. An extraordinary waterfront opportunity with endless possibilities bring your imagination and transform this rare coastal offering into the waterfront estate of your dreams.
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Our Executive Mortgage Banker:
$999,999
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 | $799,999 | $799,999 | $799,999 |
| 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 | $2,302 | $2,302 | $2,302 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,542 | $4,796 | $6,751 |
| Total Monthly Payment | $6,936 | $7,190 | $9,145 |
* 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.