55 Club Drive, Riverhead (Baiting Hollow), NY, 11933 | $1,850,000

Discover The Estates at Baiting Hollow | Generously sized parcels abutting the private Baiting Hollow Golf Course, just a stone's throw from the Sound! The 41+/- acre site, surrounded by golf fairways and farmland, features 30 Luxury Single Family Home parcels. This innovative community is focused on green energy efficiency with all-electric latest technology and net zero ready homes built with the future in mind. The Harvest is a stunning two-story modern farmhouse with 4 bedrooms, 3. 5 bathrooms, and a three-car garage. Soaring 12' ceilings and a large fireplace create an elegant ambiance that opens to the kitchen and dining room. The great room provides access to the covered rear porch with a built-in buffet and access to the garage includes an optional bathroom, perfect for outdoor or poolside gatherings. The modern kitchen offers a center island with seating, ample storage, and a walk-in pantry. The main-level primary suite is a spacious retreat with an expansive walk-in closet and a luxurious bathroom outfitted with dual vanities, a soaking tub, shower, and water closet. The main level is complete with an office, mudroom/laundry area, and a powder room. The second level offers sleeping quarters and gathering areas with three bedrooms, game room, bonus room, two full bathrooms, and an optional 2nd level laundry room. Discover the modern farmhouses of the future at Baiting Hollow. Within arm's reach of some of Long Island's hottest spots, including the charming towns of Greenport and Southold, the vibrant Westhampton area, and the picturesque Shelter Island. Enjoy prime proximity to North Fork vineyards, beaches, dining, and cosmopolitan destinations. Conveniently located near several airports, the Long Island Railroad, and the Port Jefferson Ferry. Complete terms are in CPS-7 documents filed with the NYS AG office. File No. H022-0002.

Features

  • Town: Riverhead
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Style: Farmhouse
  • Year Built: 2024
  • Garage: 3-car Attached
  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air
  • Basement: Full, Unfinished, Walk-Out Access
  • Acreage: 0.58
  • Est. Taxes: $2,460
  • Lot Desc: Level
  • Middle School: Riverhead Middle School
  • High School: Riverhead Senior High School
  • School District: Riverhead
  • Appliances: ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer
  • MLS#: 3564086
  • Days on Market: 74 days
  • Website: https://www.raveis.com
    /eprop/3564086/55clubdrive_riverhead_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 Nest Seekers LLC   Phone: 516-922-2878

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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
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Our Insurance Division:

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55 Club Drive, Riverhead (Baiting Hollow), NY, 11933

$1,850,000

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 $1,480,000 $1,480,000 $1,480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $205 $205 $205
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,945 $8,755 $12,191
Total Monthly Payment $8,275 $9,085 $12,521

* 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.