55 Gristmill Lane, Old Westbury (Manhasset), NY, 11030 | $3,298,000

This Beautifully Designed Classic Cedar Shingle & Stone Hampton Style Colonial Is Set Back On . 80 Acre Of Lush Property In The Sought After Village Of Plandome Manor. This 6/7 Bedroom Home Was Completely Renovated & Expanded In 2005 With A Well thought out & brilliantly Designed Floor plan Allowing For Spacious Entertaining Spaces to enjoy a relaxed & casual Living Style With Your Family & Friends . Step into this custom built home with a lovely formal dining room , an oversized living room with built ins & a charming feature wall which surrounds the fireplace , wide plank oak flooring which provides a cozy & relaxing setting . A gourmet kitchen with island, Coffered Ceiling detail , High end appliances including a 48inch Wolf range, Subzero Refrigerator , 2 dishwashers, walk in pantry & beautiful stone countertops set the tone for this charming space which will be the heart of this very special home. A sun filled breakfast room & spacious family room with stone fireplace & beamed ceiling will be a family favorite . A first floor private primary suite was thoughtfully designed with an ensuite bath. Two additional first floor suites provide endless possibilities as a separate family bedroom/den or work from home office space . The second level offers an open den area , three spacious family size bedrooms, one full bath & a true primary suite oasis with two walk in closets, a lovely marble primary bath with cathedral ceiling & skylights, spa tub . Step outside to enjoy fall dinner parties & entertaining under the stars on the expansive bluestone patio . Few properties offer the opportunity & potential for an in ground pool or tennis/sports court. Or simply enjoy the breathtaking park like property with its mature landscape & gardens. Beautiful seasonal waterviews is an added bonus . Close to the Plandome train station with parking at Plandome Manor lot for an easy commute . Enjoy the finest in dining & shopping at The Americana, one of the many gems of Manhasset .

Features

  • Town: Old Westbury
  • Rooms: 12
  • Bedrooms: 6
  • Baths: 4 full
  • Style: Colonial
  • Year Built: 1948
  • Garage: 2-car Attached
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • Basement: Partially Finished
  • Approx Sq. Feet: 5,407
  • Acreage: 0.8
  • Est. Taxes: $31,535
  • Lot Desc: Near Public Transit
  • View: Panoramic, Water
  • Elem. School: Shelter Rock Elementary School
  • Middle School: Manhasset Middle School
  • High School: Manhasset Secondary School
  • School District: Manhasset
  • MLS#: 3568189
  • Days on Market: 12 days
  • Website: https://www.raveis.com
    /eprop/3568189/55gristmilllane_oldwestbury_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: 516-517-4751

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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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55 Gristmill Lane, Old Westbury (Manhasset), NY, 11030

$3,298,000

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 $2,638,400 $2,638,400 $2,638,400
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 $2,628 $2,628 $2,628
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,164 $15,607 $21,733
Total Monthly Payment $16,917 $18,360 $24,486

* 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.