New Construction Lion Head Beach EH Water New Construction just finished. Located in the desirable Lion Head Beach Association where you will have access to a mile long private beach on the magnificent Gardiner's Bay. This beautifully appointed five bedroom, five and a half bath home offers approx 5, 250sqft+/- including a finished lower level. The main floor offers an open concept floor plan with a barreled double height ceiling in kitchen area opening up to the living room and a dining/den area both w/ gas fireplaces (there are a total of six interior high efficiency gas fireplaces). The kitchen is outfitted with high-end appliances including microwave drawer, two dishwashers, two sinks and a large island w/ seating and plenty of custom cabinetry for storage. Adjacent to the kitchen is a bar area with a wine refrigerator and ice maker. Also on the main floor are two bedrooms - one junior primary and one guest, both are ensuite. On the 2nd floor are two more ensuite bedrooms - the main primary with a steam shower and a guest bedroom. All bathrooms have radiant heat flooring. When entering from the garage there's a mudroom w/ laundry area and pet-washing station. The finished walk-out lower level features entertainment area for TV watching, kid's play area, gym, ample room for ping pong/pool table, sauna, fifth bedroom w/ ensuite bath and kitchenette containing a sink and dishwasher to support entertaining. Outside this magnificently appointed home has a 20' x 40' heated saltwater pool with spa, outdoor shower, and gas fireplaces. The second floor deck affords partial water views. The attached garage is roomy enough for two cars and storage. Residents of Lion Head Beach have access to several amenities, including two freshwater ponds, a charming wooden footpath bridge, and two sandy paths leading to the beachfront and shoreline of Gardiner's Bay. Additionally, there is a private 40-slip marina, beachfront picnic area, and storage racks for small craft, such as kayaks and paddle boards
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Our Executive Mortgage Banker:
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$3,995,000
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 | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $137 | $137 | $137 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,398 | $20,201 | $26,970 |
Total Monthly Payment | $18,660 | $20,463 | $27,232 |
* 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.