Water Mill offers estate living that blends the luxurious lifestyle of the Hamptons within a unique hamlet filled with historic charm and a quiet ambiance. This pristine offering borders a beautiful reserve and mature landscaped gardens, providing privacy with expansive views. Recently renovated with meticulous attention, this residence exudes comfort and grandeur for everyday living and entertaining. As you enter the grand foyer, 10' Glass steel doors welcome you and showcase the floor-to-ceiling millwork and inlaid border floors. The formal dining room connects to the kitchen through a butler's pantry, leading to a well-appointed kitchen, with shaker-style custom cabinetry, high-end appliances, and quartz countertops. The spacious living room features a double-sided fireplace and provides easy access to both front and rear mahogany decks. The first-floor primary ensuite features French doors leading to the backyard and a spa-inspired bathroom. Upstairs, a grand primary ensuite awaits you with a fireplace, exclusive balcony, and private lounge. Four additional bedrooms, two ensuites, feature custom closets and designer fixtures. A bonus room with an office can be accessed by a side staircase, allowing privacy for remote work. A finished lower level with a recreational game room, fully equipped glass partition gym, movie theater, and wine display with tasting bar provides much entertainment. Furthermore, the lower level has two bedrooms, one of which is ensuite, along with custom closets and an additional bathroom. The expansive backyard boasts a gunite pool with a cascading hot tub, an outdoor kitchen, and a spacious cabana lounge. Plenty of room in the far rear yard for tennis courts. Beaches, nightlife, golf, polo, and shopping are all within proximity. Enjoy all that this luxury East End lifestyle offers!
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,495,000
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 | $5,996,000 | $5,996,000 | $5,996,000 |
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 | $1,190 | $1,190 | $1,190 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $34,516 | $37,899 | $50,598 |
Total Monthly Payment | $35,831 | $39,214 | $51,913 |
* 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.