This flat 27-acre estate is one of the last unique properties of this magnitude left on Long Island. Embrace the once-in-a-lifetime chance to own a residence that offers endless opportunities and limitless possibilities. The property features a 30, 000 sq ft indoor horse arena-the largest indoor arena on Long Island-offering endless opportunities for hosting events and shows year-round. The barn boasts 55 stalls, two indoor wash stalls, and four outdoor wash stalls. In addition to 20+ large paddocks for all-day turnout, the property includes two round pens, three riding rings, and a track that follows the property line, leading to extensive trails. This track is perfect for training your next Kentucky Derby winner. Besides the large barn, there is another barn on the property suitable for breeding, with living accommodations for a live-in caretaker. This expansive estate also features a gorgeous 5, 200 sq ft Georgian Manor-style home. Adjoining the land, land, and more land, it is perfect for entrepreneurs, horse enthusiasts, and ready investors. The estate offers unmatched opportunities for equestrian activities, farming, a winery, or an ultimate Airbnb. Enjoy the fresh air and tranquility of this secure, exclusive compound. Don't miss this unique chance to invest in an extraordinary blend of luxury and practicality. Unrivaled in elegance, grandeur, and location, this property presents an unparalleled opportunity to create your dream lifestyle within a private, gated compound.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,499,000
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 | $4,399,200 | $4,399,200 | $4,399,200 |
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 | $7,270 | $7,270 | $7,270 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,324 | $27,806 | $37,123 |
Total Monthly Payment | $32,719 | $35,201 | $44,518 |
* 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.