58 Cedar Lane, Southampton (Remsenburg), NY, 11960 | $5,900,000

This stunning waterfront shingle style residence is a true boater's dream with 195+/- ft. of bulkhead, a deep-water dock and a boat basin, offering accommodations for 3 boats. Enter the long driveway to arrive at the very private modern traditional with water views throughout. This 6-bedroom, 3 and one-half bath home underwent a thoughtful renovation and expansion in 2011. The gracious foyer opens to the expansive living room with beautiful exposed beamed ceilings, shiplap paneled walls, a wet bar, and a cozy fireplace. The chef's kitchen offers Sub-Zero and Viking appliances, an island with seating, wine fridge, breakfast area, and a charming fireplace. A formal dining room is ready to host large dinner parties. The primary suite includes a light-filled bedroom with French doors out to the patio, pool, and hot tub. The primary spa bathroom features double vanities, separate shower, private water closet, and a luxurious jacuzzi tub. Plus, a separate dressing room awaits. An office/sitting room looks out onto the gardens, a perfect setting for a home office. Completing the first floor is a pantry/mud room, laundry room, powder room and an attached oversized, heated two-car garage. The second floor is designed as two separate guest wings, each with two bedrooms and a shared bath. In the center is the 6th bedroom, currently used as a gym. The property's resort-like ambiance, enhanced with beautiful lawns and lush greenery, is completed with a heated, saltwater, gunite free-form pool, firepit, hot tub, outdoor shower, and cabana. The perfect summer retreat or year-round residence all within 80 minutes from NYC.

Features

  • Town: Southampton
  • Rooms: 12
  • Bedrooms: 6
  • Baths: 3 full / 1 half
  • Style: Post Modern
  • Year Built: 1966
  • Garage: 2-car Attached
  • Heating: Oil, Forced Air
  • Cooling: Central Air
  • Basement: Full
  • Approx Sq. Feet: 5,000
  • Acreage: 1.2
  • Est. Taxes: $17,033
  • Lot Desc: Cul-De-Sec
  • View: Water
  • Water Front: Yes
  • Elem. School: Remsenburg-Speonk Elementary Sch
  • Middle School: Westhampton Middle School
  • High School: Westhampton Beach Senior High Sch
  • School District: Remsenburg-speonk
  • Pool: In Ground
  • MLS#: 3544359
  • Days on Market: 152 days
  • Website: https://www.raveis.com
    /eprop/3544359/58cedarlane_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 Brown Harris Stevens W Hampton   Phone: 631-288-5500

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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

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58 Cedar Lane, Southampton (Remsenburg), NY, 11960

$5,900,000

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 $4,720,000 $4,720,000 $4,720,000
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 $1,419 $1,419 $1,419
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $27,171 $29,834 $39,830
Total Monthly Payment $28,715 $31,378 $41,374

* 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.