Wake up each morning to stunning water views that bring a sense of tranquility to your day. Nestled in the Hamlet of Woodmere on Long Island, this prestigious lakefront property presents a waterside living experience. Tucked away at the water's edge of Derby Avenue, in the coveted Lord Estate enclave, this clandestine gem occupies a double-sized lot with panoramic vistas of Lee's Lake. This private residence offers an unmatched coastal lifestyle with remarkably low taxes. Outdoor living areas like a spacious deck, a Sportscourt basketball court, and easy boating access are all right in your backyard. Take in the possibilities of the double-sized lot and admire the virtually staged pool visualization. Upon entry, immerse yourself in a newly painted living room/dining room with vaulted ceilings and an oversized bay window. Adjacent to this space is a luxurious open-concept chef's kitchen featuring contrasting cabinetry and a multi-level central island. The kitchen is equipped with: - a Sharp warming drawer - a GE Monogram five-burner gas stove - two GE Caf? wall ovens - two Miele dishwashers - an oversized LG refrigerator and freezer - a pasta pot filler - elegant custom cabinetry - radiant heated floors - expansive Caesarstone quartz countertops and a custom-designed island. The sunny, eastern-facing breakfast nook leads to sliding glass doors that open to the multi-tiered deck. Step out onto the deck in the morning with your coffee and take in the tranquility of the peaceful water views in this ultra-private backyard. The lower floor features a spacious den with a wood-burning fireplace and another set of sliding glass doors to the deck. The converted garage provides two versatile bonus rooms currently used as a pantry and a first-floor bedroom. The finished basement features a gym, a full bathroom, a laundry room, and a fully lit and tiled crawl space that provides ample additional storage. Upstairs you will find the primary suite which features dual closets, an ensuite bathroom, and a separate vanity dressing area with the potential for a conversion into a walk-in closet or in-suite office. Topping off this primary suite are one-of-a-kind, gorgeous water views. Moving from the primary suite, two additional upstairs bedrooms enjoy water views and share a newly renovated, luxury full bathroom. Additional amenities at 676 Derby Avenue include: - Roof replacement 12 years ago - Single-zone air conditioning and heating - Outdoor automatic dusk-to-dawn sensor lighting - Irrigation system - Central Station security system with a control panel in the primary suite. The residence is conveniently located near schools and North Woodmere Park, which boasts Olympic-sized swimming pools, tennis courts, basketball courts, a playground, and a golf course. Between the convenience of the LIRR, the country club-style amenities offered by North Woodmere Park, and the unique privacy afforded to this quiet property surrounded by water on two sides, 676 Derby Avenue effortlessly fulfills everything one could want in both a primary and secondary residence at once.
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$2,500,000
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 | $2,000,000 | $2,000,000 | $2,000,000 |
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 | $1,179 | $1,179 | $1,179 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,356 | $12,477 | $16,742 |
Total Monthly Payment | $12,660 | $13,781 | $18,046 |
* 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.