71 Overlea Street E, Oyster Bay (Massapequa Park), NY, 11762 | $2,000,000

Discover this breathtaking, Bar Harbor Bayfront luxury home featuring, 6 bedroom, 5. 5 baths, and 4900 sq. ft. of Tuscan- inspired design with stunning canal views from 3 levels. The private cul-de-sac location adds to the desirability and appeal of this high end custom residence. Enter through the impressive stained glass front door of the portico into the stone tiled foyer with dual walled closets. To the left is a sought after well- sized bedroom or home office with windows facing the front grounds. Entertainment options are plentiful in the open floor plan living room with intricate multi-color stone fireplace, substantial custom wet bar and French doors leading to the bluestone patio. The main level continues on to the sleek black and beige full bathroom with granite vanity. Picturesque French doors lead into the sophisticated gathering room with illuminated cherry wood built- ins centered by a stunning gas fireplace with tumbled stone surround. Four single pane windows frame the wall which overlooks a lavish garden and the canal. A bonus room complete with laundry, sink, and cabinetry storage is adjacent. A convenient 429 sq. ft. attached 2 car garage with abundant storage and radiant heated flooring completes this level. Ascend the stairs into the elegant banquet sized dining room with tray ceiling and moldings. Open the pocket door and enter into the show stopping gourmet kitchen with granite counter tops, stainless steel appliances, double wall ovens, Thermador gas stove, and garbage disposal. The spectacular center island features a beverage cooler, additional refrigerator drawers, bread warmer, plentiful storage and provides seating. A dedicated walk-in pantry fulfills all of your storage needs. Abundant floor to ceiling oak cabinetry provides style and functionality . Additional cabinetry with wet bar adds to the wow factor of this well designed space. There is a two toned, tiled full bathroom and an ample work space area tucked away which is located towards the outdoor access. French doors lead out to a new vinyl- covered porch with TREX decking, PVC railings and moldings, dramatic ceiling fans and light fixtures. This magnificent area overlooks the gorgeous gardens and beautiful bay, sure to delight everyone all year long. Upstairs, the hardwood-floored bedroom level includes four bedrooms , (one en-suite, ) and a tasteful hall bathroom with glass shower and granite counter top. Continue down the hallway to the primary bedroom wing. There is an attractive home office with a stylish tiled surround gas fireplace. Escape to the opulent bathroom with jetted tub, spa- like shower, cherry and granite double vanity and radiant flooring. There are two enormous floor to ceiling custom walk- in closets. The sun drenched palatial bedroom with balcony overlooks the grounds and canal. The amazing basement level offers a multi- use recreation/game room with regulation sized pool table, ample built- in cabinetry, half bathroom, kitchenette area , cedar closets, storage galore and direct exterior access. What makes this home even more appealing? Boat enthusiasts will appreciate the 100 foot bulkhead, new floating dock and jet ski lift just five homes from the open bay. This portion of the canal is wide enough to turn your boat around! The enchanting gardens with plentiful perennials and tranquil koi pond with waterfall create a serene retreat. A stone pathway adorned with colorful plantings leads down to the waterfront. Additional amenities include : 4 level elevator access, 10 skylights, BOSE surround system, Buderus utilities, radiant heat flooring, 22 K generator, multi zone heating and cooling, and abundant recessed lighting. Every home has a unique story to tell. For 60 years, the owners and guests of this special home have been enjoying year round indoor and outdoor festivities as well as activities of living life on the water. The pride of the meticulously maintained landscape is evident throughput the grounds. This is truly a four season home from the start of spring to the splendor of holiday lights. Seize this rare opportunity to purchase a prestigious waterfront home in highly coveted Bar Harbor. Now, is the time to begin living your best South Shore coastal life. By appointment only.

Features

  • Town: Oyster Bay
  • Amenities: Powered Boats Allowed
  • Rooms: 11
  • Bedrooms: 6
  • Baths: 5 full / 1 half
  • Style: Split Level
  • Year Built: 1965
  • Garage: 2-car Attached
  • Heating: Natural Gas, Baseboard, Hot Water, Radiant
  • Cooling: Central Air
  • Basement: Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 4,906
  • Acreage: 0.3
  • Est. Taxes: $35,529
  • Lot Desc: Level, Cul-De-Sec, Private
  • View: Other, Water
  • Water Front: Yes
  • Elem. School: Birch Lane Elementary School
  • Middle School: Berner Middle School
  • High School: Massapequa High School
  • School District: Massapequa
  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • MLS#: 3587267
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /eprop/3587267/71overleastreete_oysterbay_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 Howard Hanna Coach   Phone: 516-627-0120

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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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71 Overlea Street E, Oyster Bay (Massapequa Park), NY, 11762

$2,000,000

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 $1,600,000 $1,600,000 $1,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.004% 6.738% 6.307%
Monthly Tax Payment $2,961 $2,961 $2,961
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,337 $10,245 $13,610
Total Monthly Payment $12,423 $13,331 $16,696

* 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.