This stunning custom-built luxury home is nestled on a charming, tree-lined street in a highly sought-after community, offering serene views of the Great South Bay. Imagine enjoying a short boat ride to Fire Island right from your own backyard, complete with four private boat slips. Plus, you're just moments away from vibrant downtown Babylon. As you approach, the blend of gravel and stone pathways, along with the unique location of the home on Sumpwams Creek-a natural and deep waterway with unobstructed 180-degree views-makes it feel like you're on your very own island. Step inside, and you'll be greeted by marble floors with radiant heat and exquisite 14' high ceilings with European contemporary designs. The bright, open floor plan seamlessly connects the kitchen, living, and dining areas, leading you to a sun-soaked, resort-like backyard. This stunning retreat was custom-built by an Olde European World craftsman, showcasing meticulous attention to detail throughout. The kitchen boasts granite countertops, a customized backsplash, elegant cabinetry, high-end appliances, and beautifully finished molding, all enhanced by radiant heating throughout the home. Throughout the home, the refined use of mahogany wood, iron, etched glass, stone, and marble creates a true trophy property. The breathtaking, postcard-perfect views of the Great South Bay fill the home with natural light and provide amazing sunsets-truly a water lover's oasis. Just 500 feet from your boat to the bay, this property invites you to experience waterfront living at its finest.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,950,000
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 | $1,560,000 | $1,560,000 | $1,560,000 |
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 | $1,315 | $1,315 | $1,315 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,858 | $9,732 | $13,059 |
Total Monthly Payment | $10,298 | $11,172 | $14,499 |
* 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.