60 Piping Rock Road, Oyster Bay (Upper Brookville), NY, 11545 | $5,890,000

Welcome to GRAY HORSE FARM! This magnificent iconic equestrian estate on desirable Piping Rock Road is situated on 9 gorgeous acres and offers 13, 324 square feet of gracious living with 10 bedrooms, 7. 555 baths and 10 fireplaces, plus beautiful apartments, exquisite 20' x 55' pool and pool house with kitchen and full bath , stable, paddocks, run-in horse shed, tennis and sports courts. The impressive scale of the home is enhanced by vintage millwork, antique hand-painted wallpaper, and priceless Samuel Yellin front gates from the JP Morgan estate. Built in 1924 and designed by architect James W. O'Connor and landscape architect Robert Ludlow Fowler, this classic brick Georgian Colonial resonates with old-world charm and grace and boasts a 17-year old slate roof. Original architectural details provide the perfect canvas for a modern lifestyle and exceptional entertaining. Renovations include the apartments, pool, pool house, tennis court, and HVAC system, ready for you to make this home your own spectacular residence! Part of Locust Valley School District, convenient to private schools, fine dining, Americana shopping, 27 miles to Manhattan. Equestrian's delight! keep your favorite horses near you! 7-car garage, 600-AMP electrical service, whole house generator. Must see Special Features and video of antique wall covering- (click virtual tour link above to view). Taxes are being grieved.

Features

  • Town: Oyster Bay
  • Rooms: 23
  • Bedrooms: 10
  • Baths: 7 full / 3 half
  • Style: Estate
  • Year Built: 1924
  • Garage: 4-car Detached
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • Basement: Full, Unfinished, Walk-Out Access
  • Approx Sq. Feet: 13,324
  • Acreage: 8.96
  • Est. Taxes: $127,172
  • Lot Desc: Level, Private
  • Elem. School: Ann Macarthur Primary School
  • Middle School: Locust Valley Middle School
  • High School: Locust Valley High School
  • School District: Locust Valley
  • Pool: In Ground
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • MLS#: 3554087
  • Days on Market: 122 days
  • Website: https://www.raveis.com
    /eprop/3554087/60pipingrockroad_oysterbay_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 Compass Greater NY LLC   Phone: 516-500-8271

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

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
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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

60 Piping Rock Road, Oyster Bay (Upper Brookville), NY, 11545

$5,890,000

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 $4,712,000 $4,712,000 $4,712,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.055% 6.234% 5.805%
Monthly Tax Payment $10,598 $10,598 $10,598
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $26,386 $28,631 $38,814
Total Monthly Payment $37,109 $39,354 $49,537

* 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.