Discover your retreat at 116 Middle Line Highway, a new construction home in Southampton. Set back 100 feet from a tree-lined, peaceful road, this property offers tranquility and privacy, surrounded by nature and natural light. The landscaped gardens and a 40-foot heated Gunite pool create a serene outdoor space. Inside, experience quality craftsmanship with a grand foyer featuring 24-foot ceilings that seamlessly connect indoor and outdoor areas. The chef's kitchen includes custom cabinets, Quartzite counters, and a 12-foot island, along with top appliances like a 48-inch Wolf six-burner stove, Sub-Zero wine cooler, and two refrigerators. This home features five bedrooms upstairs, each with en-suite baths for comfort. The primary suite includes a spa-like bath and access to a private deck, while the first floor offers a guest suite with an en-suite bath. The finished lower level adds 2, 600 square feet, including another bedroom and flexible space for various uses. With approximately 8000 square feet across three floors, this property allows for indoor-outdoor living, ideal for creating your dream space-be it a gym or home spa. The exterior includes cedar wrap and solar panels for energy efficiency. Located centrally between Sag Harbor, Water Mill, Bridgehampton, and Southampton Village, this home is perfect for year-round living or seasonal escapes. Enjoy nearby dining at Pellegrino's Pizza Bar and fresh produce from North Sea Farms. Golf enthusiasts can access Noyac Golf Club and The Bridge Golf Club, while boaters will find Peconic Marina just two minutes away. Experience refined living at 116 Middle Line Highway-your East End sanctuary awaits!
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Our Executive Mortgage Banker:
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$5,995,000
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 | $4,796,000 | $4,796,000 | $4,796,000 |
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 | $196 | $196 | $196 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,231 | $29,921 | $40,148 |
Total Monthly Payment | $27,552 | $30,242 | $40,469 |
* 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.