A transformation of the highest standards. This turn-key home, south of the highway, in Water Mill was completely renovated in 2021 with interior design by Mabley Handler. The open floor plan features custom shiplap, cabinetry, lighting and wallpaper with tranquil hues of blue, white and grey throughout. There is a myriad of options for dining or entertaining including the formal living room, double-height great room, dining room and den - all with fireplaces. The new eat-in marble kitchen features a Wolf oven and range, a Wolf wall oven and microwave, Sub-Zero fridge, and 2 Miele dishwashers. In total, there are 6 unique bedroom suites, with 2 on the first floor, and the luxurious primary suite upstairs with a double-sided fireplace, sitting room, office and balcony. Additional highlights include a grand entry foyer, mud and laundry rooms, wet bar, finished basement, and a 2-car garage. Outdoors, beautiful and mature landscaping provides privacy and a relaxing oasis for entertaining. The elegant wraparound porch surrounds the house and blends seamlessly with the extensive decking, patio, gunite pool, spa, and renovated pool house. There is also a refinished clay tennis court surrounded by beautiful hedges. Chic and private, this premier estate feels like a new build, but with a ton of traditional Hampton's charm, and is within close proximity to Mecox and Scott Cameron beaches.
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Our Executive Mortgage Banker:
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$9,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $7,996,000 | $7,996,000 | $7,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $1,731 | $1,731 | $1,731 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $42,924 | $47,299 | $65,866 |
Total Monthly Payment | $44,780 | $49,155 | $67,722 |
* 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.