Mint condition grand colonial on 1. 2 acres of gorgeous Back Lawrence land surrounded by water on three sides in a gated home. This palatial estate comes with 8 bedrooms and 8 bathrooms, of which 5 of the bedrooms have en-suite Grohe bathrooms. Installed is an extra-powered water system, so those morning showers really wake you up. Not only was this water system installed, but so were two-French drains to prevent flooding. As you enter the welcoming foyer, you cannot help but notice the first-class crystal chandeliers that are attached to Venetian plaster. This creates an ambiance like you're in an European museum. The first floor has radiant-heated porcelain floors the leads into the family room where there is a fireplace that is on an elevated pearl mantle, and has a yellow marble backsplash that the light it reflects off of is quite warm, gentle, deep, and harmonious. The dining hall is expansive enough to host the largest of family and holiday meals. Triple arched windows permeate sunlight and creates architectural interest by calling back to the Mediterranean style of Ancient Rome, classic character abound. The round tops contrast with the hard edges of the rectangular windows, establishing a softer aesthetic. This intertwines smoothly with the Venetian plaster that chandeliers are attached to. The kitchen features Sub-Zero and Wolf appliances. Stove burners are controlled individually by the spark ignition system, eliminating the clicking sound that is standard with most gas ranges and infrared heat reduces preheat time. Wolf also provides power and control: flame size and heat can be infinitely adjusted to suit home cooks with different needs. Stylish quartz countertops combines durability & strength with luxury, not to mention it's friendlier for the environment! You'll see the dining hall, kitchen, and living room flows naturally with the wraparound deck. This concept is about bringing the inside out, and the outside in. Speaking of the living room, it is flooded with sunlight considering the double-exposures facing South and East. This is the quintessential spot to gather for big sporting events, movie nights, card games, cocktail parties, just to name a few. Mentioned a moment ago, the living room leads right out to the deck, which is made with bluestone pavers. A key benefit of bluestone pavers is that it provides traction, so you won't have to worry about slipping and sliding. Additionally, bluestone can withstand inclement weather while still providing style. The double staircase leads to the home office and bedrooms. There are several fantastic features in regard to the home office: skylights, an en-suite bathroom, and a balcony that faces a pond. There are zoning regulations to prevent building, so the pond views will never be inhibited. The primary bedroom has two en-suite bathrooms, with rainfall shower heads to create that ultimate tropical resort vacation experience. Massive stand-alone tub allows ultimate relaxation after a long day's work. The term 'walk-in closet' has a whole new meaning given that it is bigger than most bedrooms in a New York City apartment. The primary bedroom faces East, so you can step out onto your balcony and catch that glorious morning sunrise. What's more? A two-car garage is already half-full because the Bentley comes with the house!! Also to be built is a pool with a cabana, fire pit, and tennis court!!
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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 | $15,200,000 | $15,200,000 | $15,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $2,500 | $2,500 | $2,500 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $91,132 | $98,587 | $132,408 |
Total Monthly Payment | $93,757 | $101,212 | $135,033 |
* 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.