355 Wheatley Road, Old Westbury, NY, 11568 | $4,500,000

Gold Coast Residence + Sports/Entertainment Complex + Pool & Cabana!!!! Jericho SD. Nestled within the prestigious Village of Old Westbury, this extraordinary 5. 9-acre Gold Coast estate is the epitome of luxury and seclusion. Accessible via a long, private drive, the property exudes exclusivity and tranquility at every turn. The centerpiece is an expansive 8, 500-square-foot main residence, with pool and cabana masterfully designed to blend sophistication with comfort. Adding to the estate's allure is a remarkable 3, 000-square-foot custom sports complex, featuring a regulation-size indoor basketball court. The mezzanine offers a wall of windows to view your favorite team at play, state-of-the-art fitness center, steam room, sauna, and a fully equipped locker room. For the discerning ENTERTAINER or ATHLETE, the space is complemented by a sleek, kitchen, outfitted with top-of-the-line appliances and exquisite finishes, making it ideal for hosting or post-workout relaxation. Complementing the exceptional sports facility is a charming brick patio, perfect for unwinding with a refreshing beverage while immersing yourself in the tranquil sounds of nature. It's an ideal spot to relax after a workout or simply enjoy a peaceful afternoon outdoors. The grandeur of the main residence begins as you step into the welcoming entry foyer, leading to a tastefully designed powder room and a state-of-the-art kitchen. The chef's kitchen boasts a large center island, surrounded by an abundance of custom cabinetry for all your storage needs, plus a den making it as functional as it is beautiful. The dining room, illuminated by natural light, is a grand banquet-sized space featuring one of the home's 11 exquisite fireplaces, offering warmth and ambiance for unforgettable gatherings, leads to a sunlit living room is a sophisticated library office space, providing the perfect retreat in a serene, elegant setting. The Second floor boasts a spacious primary suite plus an elegant bath 5 additional bedrooms and 3 baths complete this level. The third floor includes 2 additional bedrooms and a full bath. Old Westbury is perfectly located on the North Shore of Long Islands Gold Coast, offering riding trails, The Meadowbrook Polo Club, prestigious country clubs, and proximity to the Americana shopping center, known for world- class shopping and fine dining. Nearby, the renowned Old Westbury Gardens offers beautiful grounds and cultural experiences. Halfway to the Hamptons and just 30 minutes to Manhattan, this location offers the best of both worlds.

Features

  • Rooms: 16
  • Bedrooms: 9
  • Baths: 6 full / 1 half
  • Style: Estate
  • Year Built: 1913
  • Garage: 2-car Detached
  • Heating: Natural Gas, Hot Water
  • Cooling: Central Air
  • Basement: Full, Partially Finished
  • Approx Sq. Feet: 8,650
  • Acreage: 5.59
  • Est. Taxes: $110,462
  • Lot Desc: Private
  • View: Panoramic
  • Elem. School: Cantiague Elementary School
  • Middle School: Jericho Middle School
  • High School: Jericho Senior High School
  • School District: Jericho
  • Pool: In Ground
  • Appliances: Oven, Refrigerator
  • MLS#: 3580247
  • Days on Market: 63 days
  • Website: https://www.raveis.com
    /eprop/3580247/355wheatleyroad_oldwestbury_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 BERKSHIRE HATHAWAY   Phone: 516-200-5700

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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

355 Wheatley Road, Old Westbury, NY, 11568

$4,500,000

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 $3,600,000 $3,600,000 $3,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment $9,205 $9,205 $9,205
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,159 $21,874 $29,654
Total Monthly Payment $29,489 $31,204 $38,984

* 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.