Amagansett at its Finest. First Offering. Located at the end of a quiet cul de sac within the coveted Bell Estate section of Amagansett, this exceptional home sits high on almost two acres of private grounds. Designed to showcase the splendor of its natural surroundings, the residence has an expansive layout of public and private space that is both straightforward in its essential livability and decidedly imaginative in the creative way it flows. The main level includes a stunning kitchen with custom cabinets and a large center island with breakfast bar. A delightful eat-in dining area is flooded with light that streams through framed glass doors positioned along the main deck that overlooks the pool and surrounding lawn. A dining room for more private affairs is located nearby. The vast living area features a wood-burning fireplace and plenty of room for social events of any size. A soaring west facing wall features another line of framed glass doors that extend across the room. Windows creatively positioned above them offer more light as well as views of the sky. The media room beyond inspires a sense of calm with a long wall of built-in bookshelves and a fireplace that feels especially private. A quiet hallway connects to a large studio with an adjoining full bath and direct access to its own private deck. The space might also inspire a primary bedroom suite on the first level that could be truly custom designed. Three staircases lead to separate areas on the second level to accommodate a clever layout designed to bring uniquely private experiences to each of the five bedrooms including the spacious corner primary suite. A finished lower level boasts a kitchenette, gym, sauna, full bath in addition to media and recreation rooms. There is also access to the two-car garage. Inherent in the design of this particular level is the flexibility to make it whatever you need it to be. This is a property that needs nothing but the excitement of making it one's own. It is moments away from ocean and bay beaches, major hiking trails, organic farm stands and that captivating spirit in the village that is beyond words.
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$4,500,000
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 | $3,600,000 | $3,600,000 | $3,600,000 |
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 | $1,347 | $1,347 | $1,347 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,724 | $22,754 | $30,379 |
Total Monthly Payment | $22,196 | $24,226 | $31,851 |
* 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.