393 Mill River Road, Oyster Bay (Muttontown), NY, 11771 | $7,700,000

A private gated driveway winds its way to a beautifully restored manor home, perfectly situated on over 8 lush acres. Originally constructed in 1916 this home has been meticulously renovated, seamlessly blending historic charm with modern day elegance. The grand living and dining rooms showcase exquisite moldings, the gourmet kitchen is an epicurean's dream perfect for creating wonderful meals, the paneled library is the ideal place to curl up with a book in front of the woodburning fireplace. The custom 23' X 44' great room created by Smiros & Smiros showcases 16ft ceilings, & an oversized dramatic stone fireplace, truly amazing for entertaining. A luxurious primary bedroom is comprised of a separate sitting room with half bath & coffee bar, spa like full bath with radiant heated floors & two dressing rooms. Five additional ensuite bedrooms including a fully ADA accessible one, & office overlooking the gardens complete the second level. Special features like a paneled elevator, indoor pool, catering kitchen and dog spa fulfills every need. The exterior features a new slate roof, heated five car garage, heated gunite pool, har tru tennis court with lights, putting green, English gardens, playhouse & play area. Quiet Luxury Living At It's BEST! Home Is Assessed at $9, 326, 000 Taxes Have Been Successfully Grieved Reduction Of Approximately $22, 000 For The 2025/2026 Year!

Features

  • Town: Oyster Bay
  • Rooms: 22
  • Bedrooms: 9
  • Baths: 8 full / 4 half
  • Style: Estate
  • Year Built: 1916
  • Garage: 4-car Attached
  • Heating: Natural Gas, Forced Air, Radiant
  • Cooling: Central Air
  • Basement: Finished, Walk-Out Access
  • Approx Sq. Feet: 13,000
  • Est. Taxes: $99,409
  • Lot Desc: Level, Part Wooded, Stone/Brick Wall, Private
  • Elem. School: Theodore Roosevelt School
  • Middle School: Oyster Bay High School
  • High School: Oyster Bay High School
  • School District: Oyster Bay
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • MLS#: 3569827
  • Days on Market: 979 days
  • Website: https://www.raveis.com
    /eprop/3569827/393millriverroad_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 Agency Inc   Phone: 631-692-6770

William Raveis Family of Services

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888.699.8876

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

393 Mill River Road, Oyster Bay (Muttontown), NY, 11771

$7,700,000

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 $6,160,000 $6,160,000 $6,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $8,284 $8,284 $8,284
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $34,494 $37,928 $51,153
Total Monthly Payment $42,903 $46,337 $59,562

* 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.