Discover the timeless elegance of 7 Duck Island Lane in the village of Asharoken-a French Pavilion-inspired waterfront estate offering refined style and sweeping views of Northport Bay. Nestled on just under three acres of lush, rolling lawns, this estate embodies a tranquil retreat on Long Island's North Shore. The estate's layout is distinct, featuring three thoughtfully designed wings: West, South, and East. Entering through the tiered foyer, you're welcomed with access to all wings, each offering unique spaces tailored to lifestyle and comfort. The West Wing is the formal entertaining area, with a spacious living room centered around one of the home's four wood-burning fireplaces, flowing into a serene screened porch perched above the picturesque property. The South Wing invites a more relaxed ambiance with its second grand fireplace, a welcoming dining area, and access to a three-season room ideal for year-round enjoyment. The East Wing awaits a visionary touch to create a dream kitchen. On the second floor, the South Wing is dedicated to the luxurious primary suite, complete with a full bathroom, home office, walk-in closet, and a tastefully updated bedroom overlooking the bay. The West Wing houses two private bedrooms served by a spacious full bathroom. At the top of the stairs, two additional bedrooms provide flexible options, with a currently non-operable bath ready for renovation. The East Wing has been reimagined as a guest suite with a private entrance, featuring an ensuite bedroom, living and dining space adorned with Brazilian cherrywood, and a designated area for a kitchenette. Outside, this exceptional home unveils its magic. The expansive grounds, set against breathtaking bay views, create a stunning backdrop for gatherings, with unmatched vistas for year-round sunsets. 7 Duck Island Lane is more than a residence; it is an exquisite canvas for refined living along Long Island's storied coast.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,850,000
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 | $3,080,000 | $3,080,000 | $3,080,000 |
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 | $2,582 | $2,582 | $2,582 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,730 | $19,468 | $25,991 |
Total Monthly Payment | $20,437 | $22,175 | $28,698 |
* 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.