27 Grace Drive, Old Westbury, NY, 11568 | $3,888,000

Welcome to this dream home in the esteemed enclave of Old Westbury. This magnificent modern home is set on two private acres offering the rare choice of Jericho School District OR East Williston/Wheatley School District. Nestled on a majestic tree-lined street, a gated entry leads to the epitome of luxury and elegance. Step into the sunlit filled double entry foyer and lavish in the grandeur of wall of windows overlooking the lush landscaped property. This spectacular home features an extraordinary, high-end chef's kitchen with top of the line appliances, deep wood cabinets, wine cooler, as well as two full refrigerators and freezers for all your entertaining needs. Leading into a grand formal dining room, sunken living room with dual gas fireplaces, and entertainer's den filled with smart home technology that controls all your desires, including indoor/ outdoor surround sound, lighting, shades, and state of the art security system. The main floor primary bedroom wing with sitting area and office also offers spa-like serenity with massive dual radiant heated bathrooms, jacuzzi soaking tub, steam rainfall shower, and a private sauna. Completing the main level you will find a separate wing with additional large guest quarters featuring an ensuite bath. The spacious upstairs boasts three more bedrooms with mood lighting and two additional beautiful and newly renovated bathrooms. Let's not forget to mention the massive, finished lower level which includes a home theatre featuring a 144-inch projector screen. The backyard oasis boasts a heated gunite pool, a tennis court and a basketball half-court, as well as a hot tub with jacuzzi spa, barbecue, and custom firepit for outdoor enjoyment. Specimen privacy plantings throughout the entire property add to this tranquil paradise. To top things off this special homes also boasts a full home generator. A must see!

Features

  • Rooms: 8
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Style: Contemporary
  • Year Built: 1985
  • Garage: 2-car Attached
  • Heating: Oil, Hot Water
  • Cooling: Central Air
  • Basement: Finished, Full
  • Approx Sq. Feet: 5,476
  • Acreage: 2
  • Est. Taxes: $52,172
  • View: Panoramic
  • Elem. School: Cantiague Elementary School
  • Middle School: Jericho Middle School
  • High School: Jericho Senior High School
  • School District: Jericho
  • Pool: In Ground
  • Appliances: Microwave, Oven, Refrigerator, Wine Cooler
  • MLS#: 3547473
  • Days on Market: 193 days
  • Website: https://www.raveis.com
    /eprop/3547473/27gracedrive_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 Douglas Elliman Real Estate   Phone: 516-669-3600

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:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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

27 Grace Drive, Old Westbury, NY, 11568

$3,888,000

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 $3,110,400 $3,110,400 $3,110,400
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 $4,348 $4,348 $4,348
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,905 $19,660 $26,247
Total Monthly Payment $22,378 $24,133 $30,720

* 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.