29 Frost Mill Road, Mill Neck, NY, 11765 | $2,598,000

WATERFRONT ESTATE | Introducing "LAKEWOODS" a captivating and luxurious MULTI-FAMILY waterfront estate featuring not one, but TWO MAGNIFICENT HOMES each designed to provide a perfect blend of luxury, comfort amid nature's tranquility. This exceptional property and provides a truly unparalleled living experience that harmonize elegant design with coastal living. Both homes feature and open and airy floor plan that effortlessly combines indoor and outdoor living spaces with beautiful scenic views and natural light, while the expansive windows showcase breathtaking and ever-changing year-round views from nearly every principal room. The main house features 4 bedrooms, 3. 5 full baths, spacious sun-lit principal rooms with high ceilings, creating a sense of space that provide an ideal setting for intimate gatherings as well as large-scale entertaining. First floor features entry foyer, formal living room complete with wood-burning fireplace opening into a formal dining space adjacent to a large eat-in kitchen with granite countertops, stainless steel appliances, separate wood-burning oven/fireplace, and a cozy yet elegant breakfast nook, den with sliders to outdoor patio and backyard, and powder room. Second floor features a newly renovated spacious primary suite complete with sliders to the balcony, which boasts breathtaking year-round sweeping water views, large walk-in closet perfect for even the most extensive wardrobes, full bath with steam shower, jetted tub, and large double vanity. Additional ensuite bedroom with large walk-in closet and brand-new full bath with designer finishes, and a separate laundry room complete the second level. Walkout lower level offers 2 additional bedrooms, newly renovated full bath, and large media room or recreational space with gas fireplace and sliding glass doors to a backyard oasis with expansive bluestone patio, multi-level decking, and unobscured panoramic water views from every angle. The property is graced by a separate guest cottage that was completely re-built in 2021 and carefully crafted throughout featuring 3 bedrooms, 2. 5 baths, office, brand new kitchen with stainless steel appliances, den with Bluetooth electric fireplace, porcelain tiled bathrooms, new floors, and cozy sun-drenched living spaces with access to outdoor covered patio as well as access to expansive second floor deck with direct access from primary bedroom suite. The idyllic landscaped yard combines lush greenery, vibrant flowers, and thoughtful landscaping elements throughout to enhance the natural beauty of the water views while providing privacy and a true sense of tranquility. Whether you're hosting a summer barbecue, enjoying a morning cup of coffee, simply basking in the beauty of nature, or kayaking on the lake, this tranquil and serene backyard oasis offers an unparalleled escape from the everyday hustle and bustle. A rare opportunity to own a multi-family waterfront estate that balances the tranquility of a secluded paradise with the convenience of nearby amenities and community features. "Lakewoods" awaits those who seek a lifestyle immersed in nature without forsaking the comforts and conveniences of modern living. Welcome home to your private sanctuary, where luxury meets serenity. Close to transportation, shopping, restaurants, beaches, and all the North Shore has to offer.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Style: Farm Ranch
  • Year Built: 1961
  • Garage: 2-car Private, Attached, 2 Car Attached, Driveway
  • Heating: Oil, Forced Air
  • Cooling: Central Air
  • Basement: Partial
  • Acreage: 6.56
  • Est. Taxes: $45,957
  • Lot Desc: Part Wooded, Near Public Transit, Private
  • View: Panoramic, Lake, Water
  • Water Front: Yes
  • Elem. School: Ann Macarthur Primary School
  • Middle School: Locust Valley Middle School
  • High School: Locust Valley High School
  • School District: Locust Valley
  • MLS#: 3526148
  • Days on Market: 341 days
  • Website: https://www.raveis.com
    /eprop/3526148/29frostmillroad_millneck_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Daniel Gale Sothebys Intl Rlty   Phone: 516-677-0030

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

29 Frost Mill Road, Mill Neck, NY, 11765

$2,598,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $2,078,400 $2,078,400 $2,078,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.229% 6.486% 6.307%
Monthly Tax Payment $3,830 $3,830 $3,830
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,964 $12,967 $17,679
Total Monthly Payment $15,919 $16,922 $21,634

* 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.