10 August Lane, Old Westbury, NY, 11568 | $3,988,000

Nestled within a sprawling 2. 01-acre estate, this breathtaking 5-suite-bedroom, 8-bathroom colonial residence epitomizes luxury living. A grand mahogany entrance welcomes you, leading into an interior where elegance meets modern sophistication. The residence boasts 10-foot ceilings throughout, a magnificent double-height living room with beautiful skylight bay windows, complete with a majestic fireplace and French doors that open to a serene bluestone patio. This outdoor oasis, featuring a built-in grill, overlooks a stunning heated swimming pool and spa, set against the backdrop of a picturesque pond garden. The heart of the home is the chef's kitchen, adorned with marble countertops, an inviting island, and top-tier appliances, blending into a spacious eat-in area. The first floor features a family den with ample space for a grand piano, a beautifully appointed office, and wet bar. Ascend to the second floor, where each of the four ensuite bedrooms offers radiant heated bathrooms. The luxurious primary bedroom, accessible through double doors, is a sanctuary of comfort. A spacious landing area presents breathtaking views through an elegant arch window, capturing the essence of the property's front and backyard splendour. The fully finished basement is a world of its own, housing a wine cellar, sauna, home theatre, and gym. It also includes a kitchen and wet bar, perfect for entertaining. Advanced features such as radiant floor heating for the whole house, elevator, and state-of-the-art video camera system ensure both comfort and security. This property, with its turnabout driveway and three-car attached garage, is a masterpiece of architectural prowess and exquisite design, promising a life of unparalleled luxury and tranquillity.

Features

  • Rooms: 14
  • Bedrooms: 5
  • Baths: 7 full / 1 half
  • Style: Colonial
  • Year Built: 2012
  • Garage: 3-car Attached
  • Heating: Propane, Hot Water, Radiant
  • Cooling: Central Air
  • Basement: Finished, Full, Walk-Out Access
  • Acreage: 2.01
  • Est. Taxes: $84,290
  • View: Panoramic
  • Middle School: Westbury Middle School
  • High School: Westbury High School
  • School District: Westbury
  • Pool: In Ground
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • MLS#: 3531333
  • Days on Market: 273 days
  • Website: https://www.raveis.com
    /eprop/3531333/10augustlane_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 Fact Real Estate LLC   Phone: 917-225-7078

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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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

10 August Lane, Old Westbury, NY, 11568

$3,988,000

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 $3,190,400 $3,190,400 $3,190,400
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 $7,024 $7,024 $7,024
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,115 $19,904 $26,707
Total Monthly Payment $25,264 $27,053 $33,856

* 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.