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Presented by
The MacGarva Team |
A rare opportunity to own a beautifully renovated 1882 Gothic Victorian with approved permits to expand the main residence by approximately 1, 500 square feet while adding a separate studio and pool house. Set on a meticulously landscaped 0. 46-acre property in one of Sag Harbor Village's most charming and peaceful locations, the approved plans increase the main residence from approximately 2, 500 to 4, 000 square feet, expanding it from 3 bedrooms and 41/2 baths to 5-6 bedrooms and 7 baths. The plans also include a 585-square-foot studio structure and a 200-square-foot pool house, creating one of the Village's rare private compounds. Surrounded by historic turn-of-the-century homes, this architectural gem showcases timeless period details, including deep eaves, multiple gables, a dramatic turret, oversized Victorian windows, and soaring ceilings throughout, filling the home with exceptional natural light. The existing residence offers approximately 2, 500 square feet of beautifully renovated living space with 3 bedrooms, 4 full baths, and 1 half bath. Every detail has been thoughtfully updated while preserving the home's historic character and architectural integrity. Additional highlights include a detached garage and a spectacular 45' x 12' heated gunite pool with an automatic cover, creating a private retreat in the heart of the Village. Whether enjoyed exactly as it stands today or transformed into an extraordinary estate, this offering combines the charm of a meticulously restored historic home with the rare opportunity to create an approximately 4, 000-square-foot residence complemented by a detached studio, pool house, and resort-style outdoor amenities-a combination seldom available in Sag Harbor Village.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,250,000
Sales Associates
William Raveis Real Estate
Phone: 516.242.9633
TheMacGarvaTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $7,400,000 | $7,400,000 | $7,400,000 |
| 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% | 6.086% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $42,016 | $44,367 | $62,445 |
| Total Monthly Payment | $42,141 | $44,492 | $62,570 |
* 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.