33 Springwood Way, East Hampton, NY, 11937 | $8,995,000

Discover a masterclass in modern design in this stunning newly built waterfront home, just completed and ready for your enjoyment. Set on a lush 1-acre lot with 140 feet of pristine water frontage, this expansive 7, 500 sq. ft. residence redefines elegance and comfort, providing the perfect setting for entertaining and relaxation. **Key Features: **Spacious Accommodations: With 8 lavish bedrooms and 7. 5 opulent bathrooms, this home offers ample space for family and guests alike, ensuring everyone enjoys their own private haven. Elegant First Floor: The open-concept layout showcases a magnificent living room with a cozy fireplace, seamlessly flowing into a top-of-the-line kitchen equipped with premium appliances and an inviting dining area. Expansive sliders provide breathtaking views of the harbor and direct access to the outdoor paradise. Luxurious Amenities: On the first floor, you'll find two generously sized en-suite bedrooms, a dedicated laundry room complete with a dog grooming station, a luxury coffee station for your morning brew, a walk-in pantry for added convenience, and a stylish powder room. The heated 2-car garage ensures your vehicles remain protected year-round. Sumptuous Second Floor: The second floor is dedicated to relaxation, featuring a stunning primary bedroom complete with its own gas fireplace, an oversized walk-in closet, and a private balcony with serene water views. The ensuite bathroom is a true sanctuary, boasting a spa-like hot tub and custom finishes. Additionally, three more en-suite bedrooms and a second laundry room enhance your living experience. Ultimate Entertaining Lower Level: The lower level is an entertainer's dream, designed for fun and leisure. Enjoy a spacious recreation room featuring a wet bar and wine fridge, a media room with surround sound, a workout space with mirrors and glass doors, and two additional bedrooms, providing ample space for gatherings and relaxation. Outdoor Oasis: Step outside to your personal paradise, featuring a stunning gunite heated pool complete with an oversized jacuzzi and electric retractable covers. The outdoor BBQ station is perfect for alfresco dining, while the mahogany decking invites you to unwind in style. Modern Technology & Finishes: This home comes equipped with a Sonos sound system throughout, a stunning crystal chandelier as the focal point of the entryway, and energy-efficient solar panels that enhance sustainability without compromising luxury. Prime Location: With a convenient 7-minute drive to village shops and just 10 minutes to the ocean beaches, you can enjoy the best of both worlds: luxury and convenience. This exquisite waterfront home promises an unrivaled lifestyle in the Hamptons, combining modern sophistication with serene coastal living. Don't miss your chance to own this breathtaking retreat-schedule your private tour today!

Features

  • Rooms: 20
  • Bedrooms: 8
  • Baths: 7 full / 1 half
  • Style: Two Story
  • Year Built: 2024
  • Garage: 2-car Attached
  • Heating: Propane, Forced Air
  • Cooling: Central Air
  • Basement: Finished, Full
  • Approx Sq. Feet: 7,500
  • Acreage: 0.99
  • Est. Taxes: $17,000
  • Elem. School: John M Marshall Elementary School
  • Middle School: East Hampton Middle School
  • High School: East Hampton High School
  • School District: East Hampton
  • MLS#: 3570593
  • Days on Market: 91 days
  • Website: https://www.raveis.com
    /eprop/3570593/33springwoodway_easthampton_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 Douglas Elliman Real Estate   Phone: 631-329-9400

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

33 Springwood Way, East Hampton, NY, 11937

$8,995,000

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 $7,196,000 $7,196,000 $7,196,000
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 $1,417 $1,417 $1,417
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $41,424 $45,484 $60,724
Total Monthly Payment $42,966 $47,026 $62,266

* 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.