This stunning modern home offers luxurious living on 1. 17+\- acres with 7 spacious bedrooms and 9. 5 elegant bathrooms; a rare opportunity to own an expansive, newly constructed, custom-built home in the Village of Southampton. A grand entrance unfolds into a double-height foyer that transitions into an open living room, formal dining area, and eat-in gourmet kitchen with top-of-the line appliances. A junior primary suite with floor-to-ceiling pocket doors, a full bath, and laundry/mudroom completes the first floor. Upstairs, a primary suite with private balcony, two walk-in closets also includes a spa bath with tub, glass shower, and double vanity; three additional generously sized en-suite bedrooms finishes the second floor. The fully finished lower level is an ideal retreat for relaxation and entertainment. A separate entryway leads to the state-of-the-art fitness center with a sauna, a den, and two ensuite bedrooms. Outdoors, a stunning heated gunite 20x60 pool is surrounded by a bluestone patio and overlooks a lush, rolling lawn. Other features include three fireplaces, a three-car garage, built-in sound system, extra high ceilings, and the finest level of luxury finishes. All overflowing with natural light, this home is ideal for the Hamptons lifestyle. Conveniently located close to ocean beaches as well as Southampton Village restaurants and shops.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,500,000
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 | $6,800,000 | $6,800,000 | $6,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,410 | $1,410 | $1,410 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $38,610 | $42,423 | $56,924 |
Total Monthly Payment | $40,145 | $43,958 | $58,459 |
* 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.