75 Post Road, Old Westbury, NY, 11568 | $23,000,000

Completed in 1935, "Erchless" is the consummate 92-acre Gold Coast estate is replete with a magnificent twenty-six room Georgian-style mansion that is a work of art. Refined elegance is woven into the original details and finishes maintained to perfection. Complemented by a sparkling heated swimming pool, two pagoda-style cabanas, a tennis court, greenhouses and potting sheds, a horse stable, turnout paddock and numerous barns. Superintendent's house and chauffer's house with a garage. Delightful garden rooms layered with flowering plantings and hardscape. The award-winning rhododendron garden is considered to be the finest of its kind in the Northeast United States. Central air conditioning and elevator. Four-car attached garage. A preeminent property where gracious living and entertaining endure. Masterpiece Listing

Features

  • Rooms: 26
  • Bedrooms: 15
  • Baths: 10 full / 2 half
  • Style: Estate
  • Year Built: 1936
  • Garage: 4-car Attached
  • Heating: Oil, Forced Air, Hot Water
  • Cooling: Central Air
  • Basement: Full, Partially Finished
  • Acreage: 92.7
  • Est. Taxes: $835,543
  • Lot Desc: Level, Part Wooded, Possible Sub Division, Stone/Brick Wall, Private
  • View: Panoramic
  • Middle School: Westbury Middle School
  • High School: Westbury High School
  • School District: Westbury
  • Pool: In Ground
  • MLS#: 3532656
  • Days on Market: 176 days
  • Website: https://www.raveis.com
    /eprop/3532656/75postroad_oldwestbury_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: 516-626-7600

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:

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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

75 Post Road, Old Westbury, NY, 11568

$23,000,000

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 $18,400,000 $18,400,000 $18,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $69,629 $69,629 $69,629
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $104,473 $114,792 $154,030
Total Monthly Payment $174,227 $184,546 $223,784

* 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.