1982 Main Road, Southold (Laurel), NY, 11948 | $1,150,000

The picturesque Penny Homestead's distinctive Queen Anne Victorian-style mullioned windows and turret welcome visitors to Laurel. Lovingly renovated by a descendent of another original North Fork family, the home features spacious, high-ceilinged rooms with intricate maple and walnut inlaid floors, stained-glass windows, built ins and many other original architectural details. In addition to 3 bedrooms and 2 full baths in the main part of the home, there is a guest suite with a 4th bedroom and a second kitchen and bath for a total of 4 bedrooms, 3 baths and 2 kitchens! The main parlor with woodburning fireplace, and owner's bedroom take advantage of the tower element to add a fairytale-feel to these rooms. An additional parlor with gas fireplace, formal dining room, new kitchen with walk-in pantry, home office and charming sun porch complete living area. A full standup attic offers the opportunity for additional space. There is also a full basement with both inside and outside entrance. Beyond the spacious 1 acre yard with additional outbuilding, the home overlooks over 60 acres of forever farmland. More than just a house, the Penny Homestead is a timeless treasure, a truly original part of the North Fork's rich history. A classic antique home! And if you've ever dreamed of owning a B&B. . . this home would be perfect!

Features

  • Town: Southold
  • Rooms: 12
  • Bedrooms: 4
  • Baths: 3 full
  • Style: Victorian
  • Year Built: 1879
  • Heating: Oil, Hot Water
  • Cooling: Window Unit(s)
  • Basement: Bilco Door(s), Full
  • Approx Sq. Feet: 3,175
  • Acreage: 1
  • Est. Taxes: $6,993
  • Lot Desc: Level
  • Elem. School: Mattituck-Cutchogue Elementary Sch
  • Middle School: Mattituck Junior-Senior High School
  • High School: Mattituck Junior-Senior High School
  • School District: Mattituck-Cutchogue
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer
  • MLS#: 3552755
  • Days on Market: 173 days
  • Website: https://www.raveis.com
    /eprop/3552755/1982mainroad_southold_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: 631-298-8000

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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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1982 Main Road, Southold (Laurel), NY, 11948

$1,150,000

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 $920,000 $920,000 $920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $583 $583 $583
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,152 $5,665 $7,640
Total Monthly Payment $5,860 $6,373 $8,348

* 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.