History refreshed: Following a 2-year overhaul by some of the region's best contractors and designers, the iconic Wilson Gray Homestead is ready for a stylish new chapter in its already storied life. The farmhouse, built in the early 1800s but dismantled and moved in 1915 from its original site at what became the Ashokan Reservoir serving New York City, is one of the few Ashokan-displaced houses still standing in the Hudson Valley. And now it's one of its most stunning, too. The iconic house, known for its signature wrap-around stacked verandas, has been fully renovated in a style that respects both its architectural heritage and modern sensibilities, featuring a thoughtful and consistent balance of openness and privacy throughout 3 levels of space. The ground floor features subtly separated dining and living spaces, both open to a stunning new gourmet kitchen with wonderful views from 3 sides, and featuring all-new custom cabinetry and high-end appliances including a Wolf range and paneled Sub-Zero refrigerator. The kitchen, flanked by a half bathroom and laundry area, opens to a wide covered deck taking full advantage of the private backyard and woods beyond. Upstairs are 3 bedrooms and 2 full bathrooms, including a primary suite with doors out to the second-story wrap-around porch, newly restored but with original carved fretwork. The bathrooms are stylish but far from cookie-cutter, with freestanding tubs, glass-enclosed showers and tile wainscoting. The charming and fully-permitted third floor includes a wide-open den or work space, an additional bedroom, another full bath and a remarkably sunny office or workout space with full views of surrounding mountain ranges. The list of upgrades throughout is extensive, including high-efficiency zoned HVAC systems (all electric), architect-grade replacement windows, a generator hook-up, buried electric service from the road, fire-suppression sprinklers, artfully preserved hardwood floors, and a standing-seam metal roof with historically accurate ice guards on both the house and a separate 2-car garage, also fully renovated. The restoration, already bestowed awards by local preservation groups, honors the past while providing a move-in-ready opportunity to enjoy the most modern, state-of-the-art conveniences, including proximity to popular farmers markets, wineries, and other culinary attractions, including Inness, that continue to make Kerhonkson one of the hottest destinations in the Hudson Valley.
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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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $948 | $948 | $948 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,171 | $7,757 | $10,418 |
Total Monthly Payment | $8,244 | $8,830 | $11,491 |
* 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.