16 Jordan Drive, Water Mill, NY, 11976 | $7,495,000

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!

Features

  • Rooms: 21
  • Bedrooms: 8
  • Baths: 7 full / 1 half
  • Style: Estate
  • Year Built: 2008
  • Garage: 3-car Private, Attached, 3 Car Attached
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • Basement: Full
  • Approx Sq. Feet: 9,500
  • Acreage: 1.43
  • Est. Taxes: $14,280
  • View: Panoramic
  • Middle School: Southampton Intermediate School
  • High School: Southampton High School
  • School District: Southampton
  • Pool: In Ground
  • MLS#: 3527953
  • Days on Market: 134 days
  • Website: https://www.raveis.com
    /eprop/3527953/16jordandrive_watermill_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 Douglas Elliman Real Estate   Phone: 631-288-6244

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

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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

16 Jordan Drive, Water Mill, NY, 11976

$7,495,000

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 $5,996,000 $5,996,000 $5,996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.738% 6.559%
Monthly Tax Payment $1,190 $1,190 $1,190
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $35,469 $38,393 $51,820
Total Monthly Payment $36,784 $39,708 $53,135

* 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.