Step into the past & dance into your future in this singular marvel of what can become your family compound or an opportunity to create a lifestyle that combines` business with country living. Have you dreamed of owning a a home (or home away from home) that is just over an an hour from the city? A place to gather with family and friends . a place to swim in your own pool, play tennis on your own court and enjoy privacy, hiking, sledding, gardening on your own 15 acres? Have you ever wanted to own & run a traditional bed & breakfast or venue space and still have your own private residence? Are you an investor with the wisdom of owning a three residence assemblage comprised of an historic main house with 8 bedrooms, a separate cottage, and still another separate two-family home? Do you have the vision of expanding all of this by possibly building another house on 5 of the fifteen acres? We have it all assembled for you to do as you wish! The main house (called By-the-wood) was built for Elizabeth Stevenson in 1904 and has been owned by just 3 families in its entire history! That alone speaks volumes about how uniquely special this property is. Come reinvigorate this historic home which is imbued with skilled artisan craftsmanship from a graceful yesteryear. Nestled into the private and verdant Storm King Mountain which abuts The Black Rock Forest Preserve (insuring peaceful living in perpetuity!) this home defines serenity. A 35 glass paned door announces your arrival as you open the original Dutch door into the grand welcoming hall where your eye will be swept upward to the soaring ceilings, period crown moldings, graceful arched room entryways and the graceful curves of an astounding example of period millwork that is the elegant staircase. French doors open into the formal dining room which will accommodate any gathering you can conjure. A wall of yet more French doors transport you to the sunporch overlooking the property with views of the pool, yards, the mountain & the natural beauty that is the soul of this property. The living large living room is anchored by a lodge-sized wood burning fireplace with a stone (harvested from the mountain) hearth & ten foot long custom mantle. Original unpainted over-sized windows & more French doors flow into a terra-cotta tiled enclosed veranda with a wainscot ceiling and panoramic views. A perfectly proportioned serious cooks kitchen awaits your vision, your whisks, and your flavor!. It's adjoining & open flow breakfast room features a fireplace & wall of windows. A main level laundry room & powder room make life convenient. A mudroom & huge coat closet plus an elevator (serviceable but not currently operating) rounds out the first floor. Ascend the grand stairs which at every step display the craft of a time when form & function were one. Up to a large landing which reveals all that's in store on the second floor. A primary suite is comprised by a large en-suite bedroom, an adjoining sitting room and a balcony. Features such as a period tilt window, fireplaces, built-ins, walk-in closets with original door hinges & hardware (on display in each bedroom on this floor) & walls of windows overlooking the wooded hills. 5 additional bedrooms, a craft room, built-in linen storage, bathrooms with soaking tubs & pedestal sinks make life accommodating! A surprise awaits at the end of the hall as it opens to an enormous (600 square feet?) studio-loft for play, media room, dance or yoga studio, painting, making, writing you choose! But wait there's more! A separate 2 bedroom space on the 3rd floor with amazing views provides a perfectly private perch. The separate one bedroom bungalow cottage is as sweet as pie & the very useful two family house is the whipped cream & cherry on top. The 3+ car garage, a sprawling basement with endless storage space, a babbling brook, apple, pear & cherry trees, a long winding driveway brings it, and you, all the way home. Moments to hiking trails, West Point, WP Golf Course & Museum, The Storm King Art Center & all things Cornwall- On- Hudson! Come make this mini-estate reflect the dreams & vision you have been manifesting.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,798,888
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 | $1,439,110 | $1,439,110 | $1,439,110 |
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 | $3,650 | $3,650 | $3,650 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,171 | $8,978 | $12,047 |
Total Monthly Payment | $11,946 | $12,753 | $15,822 |
* 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.