5 Michaels Way, Southampton (Westhampton Beach), NY, 11978 | $7,650,000

Welcome to the paragon of luxury estate living at 5 Michaels Way, Westhampton Beach. This stunning new construction is nestled in the heart of the Village on a private road and will feature an impressive array of 7 generous bedrooms, 9 and a half bathrooms, and a 3-car garage. The opulent 1. 3-acre residence will span over 9, 000 square feet plus an additional 4, 000 square feet of unfinished basement. The primary level features a sprawling open floor plan that includes a private primary wing complete with its own fireplace sitting room, walk-in closet, and covered porch. This level continues to impress, showcasing an open living room, captivating fireplace, dedicated laundry room, en-suite den, en-suite office, and a full unparalleled gourmet chef's kitchen featuring a spacious island, exceptional walk-in wine display, high-end appliances, and custom millwork. Ascend the stunning staircase to the second level where you will find 6 additional en-suite bedrooms as well as a centralized sitting room with seamless access to the balcony. To complete this Hamptons Estate, outside you will be pleased to find a custom-built outdoor kitchen and fireplace as well as a Gunite pool, pool house, and outdoor shower. This home is not just a residence but a beacon of architectural brilliance and sophisticated living, perfect for both grand entertaining and serene private moments. Experience the zenith of luxury estate living with world-famous ocean beaches, marinas, boutiques, restaurants, performing arts centers, and golf all close at hand.

Features

  • Town: Southampton
  • Rooms: 17
  • Bedrooms: 7
  • Baths: 9 full / 1 half
  • Style: Estate
  • Year Built: 2024
  • Garage: 3-car Attached
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • Basement: Full, Unfinished
  • Approx Sq. Feet: 9,200
  • Acreage: 1.31
  • Est. Taxes: $11,766
  • Lot Desc: Cul-De-Sec
  • Elem. School: Westhampton Beach Elem School
  • Middle School: Westhampton Middle School
  • High School: Westhampton Beach Senior High Sch
  • School District: Westhampton Beach
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • MLS#: 3539959
  • Days on Market: 226 days
  • Website: https://www.raveis.com
    /eprop/3539959/5michaelsway_southampton_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

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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
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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

5 Michaels Way, Southampton (Westhampton Beach), NY, 11978

$7,650,000

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 $6,120,000 $6,120,000 $6,120,000
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 $981 $981 $981
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $35,230 $38,683 $51,644
Total Monthly Payment $36,335 $39,788 $52,749

* 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.