108 Piping Rock Road, Oyster Bay (Locust Valley), NY, 11560 | $8,500,000

Collaborating with the homeowners, noted architects, Innocenti & Webel created a thoughtful residence with a well curated design. Custom built only seven years ago, this smart home transcends the competition with its organic textures, luxurious finishes, craftsmanship and quality construction. A long winding drive leads to the gated entry and 8. 06 lush acres with specimen trees and flowering hydrangea, lilies, and roses. The pool house with full Bath, Kitchenette and Living Room overlooks the gunite pool with stone wall featuring refreshing water spouts. Interiors are graced with the subtle patterning of herringbone wood floors, high ceilings with unique coiffering and beams, and custom wall treatments. Graceful, well proportioned principle rooms are filled with light from French doors that run along the rear corridor of the home. The Kitchen boasts a breakfast nook with wood paneled ceiling, top of the line appliances, 3-inch marble counters, a hammered metal farm sink and 2 Butlers Pantries. The first has a brass countertop, second dishwasher and decorative shelving, while the latter offers thick butcher block counters for food prep. The spacious Family Room and beamed cathedral ceiling offers a large stone fireplace for cozy gatherings. Other highlights include a stately office with fireplace, Billard Room with wet bar, main floor nanny suite plus elevator. The Primary Suite is a calming retreat with huge walk in closets and two spa-like Bathrooms. There are 4 additional En Suite Bedrooms with outfitted closets. The lower Level, accessed by 2 staircases on each end of the home, has a large Home Gym, Sport Court, Game Room, En Suite Bedroom and A Seating Area. Additionally, a 10-Seat home Theatre and Wine Cellar make for spectacular entertaining on this level. Approved plans for a tennis court.

Features

  • Town: Oyster Bay
  • Rooms: 16
  • Bedrooms: 7
  • Baths: 8 full / 3 half
  • Style: Colonial
  • Year Built: 2017
  • Garage: 2-car Attached
  • Heating: Natural Gas, Forced Air, Radiant
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 9,981
  • Acreage: 8.06
  • Est. Taxes: $116,691
  • Lot Desc: Near Public Transit, 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, Disposal, Dryer, Microwave, Refrigerator, Water Purifier Owned, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Tankless Water Heater
  • MLS#: 3560988
  • Days on Market: 137 days
  • Website: https://www.raveis.com
    /eprop/3560988/108pipingrockroad_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 Daniel Gale Sothebys Intl Rlty   Phone: 516-759-4800

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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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108 Piping Rock Road, Oyster Bay (Locust Valley), NY, 11560

$8,500,000

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 $6,800,000 $6,800,000 $6,800,000
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 $9,724 $9,724 $9,724
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $39,145 $42,981 $57,382
Total Monthly Payment $48,994 $52,830 $67,231

* 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.