14 Fordune Drive, Southampton, NY, 11968 | $37,500,000

Located south of the highway in Southampton's prestigious Fordune Association and just moments from the ocean, close to town, this exceptional estate represents the epitome of luxury living in the Hamptons. Over 5. 5 acres, the property boasts expansive lawns, meticulously-maintained gardens and millions of specimen plantings, ensuring unmatched privacy, tranquility and a parklike, amenity-rich environment. Built under the most rigorous commercial building standards/codes, This magnificent residence of approximately 20, 000 square feet (including the finished lower level) and including 2, 634 square foot accessory building that serves as a state-of-the-art fitness center. Additionally enjoy the pool house, saltwater 40x60 swimming pool, tennis court with pavilion, basketball court and a 2-car garage/service building, primarily used for storing golf carts, which provide access to the ocean beach via the Fordune Association's beach access right of way. The home includes 13 bedrooms, 14 full baths and 2 half baths, a grand foyer entrance boasting 20 foot high ceilings and a one-of-a-kind Natural American and Brazilian walnut staircase and wood flooring. Impressive 35 x 25 foot living room with 21 foot ceilings and fireplace. The east wing first floor houses a media room, a beautiful office/library with a stunning walnut finish and coffered ceilings, and a bedroom suite. The second floor includes a library and 2 bedroom suites, the expansive suite primary bedroom with a sitting area, 4 closets, a large walk-in, 2 bathrooms and a balcony. The west wing first floor features 2 bedroom suites, a junior primary bedroom, formal dining room and a professional kitchen with an expansive sitting area plus breakfast area. A second staircase leads to the very private guest wing with 5 bedroom suites. The lower level, includes a state-of-the-art wine storage, a recreation room with a fireplace and media room and private staff/guests quarters with a living room, 2 bedrooms and 2 full baths.

Features

  • Bedrooms: 13
  • Baths: 14 full / 2 half
  • Style: Estate
  • Year Built: 2003
  • Garage: 2-car Detached
  • Heating: Natural Gas, Electric
  • Cooling: Central Air
  • Basement: Finished, Full
  • Approx Sq. Feet: 14,807
  • Acreage: 5.5
  • Est. Taxes: $67,198
  • Lot Desc: Private
  • View: Panoramic, Water
  • Water Front: Yes
  • Middle School: Southampton Intermediate School
  • High School: Southampton High School
  • School District: Southampton
  • Pool: In Ground
  • MLS#: 3581459
  • Days on Market: 40 days
  • Website: https://www.raveis.com
    /eprop/3581459/14fordunedrive_southampton_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 Brown Harris Stevens Hamptons   Phone: 631-287-4900

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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

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14 Fordune Drive, Southampton, NY, 11968

$37,500,000

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 $30,000,000 $30,000,000 $30,000,000
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 $5,600 $5,600 $5,600
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $172,697 $189,620 $253,157
Total Monthly Payment $178,422 $195,345 $258,882

* 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.