Extraordinary opportunity and unbelievable value awaits you in this newly constructed Southampton transitional property! This ultra-luxurious residence is sited on . 97 acres moments away from Southampton Village and its world class restaurants and beaches. Innovative design spanning approximately 7, 564 square feet on all three levels. This custom home was created by Shoji Home Builders and has the utmost attention to detail. Entering the double height foyer you're immediately welcomed by 11 foot ceilings and floating glass enclosed staircase with an open view of the great room, patio, pool and lawn beyond. The open concept living, dining, and kitchen are bright and sunny with plenty of windows and sliding doors to appreciate the beauty of nature right outside. Some first floor features include Calacatta marble fireplace in the Great Room, a fully equipped chef's kitchen complete with top of the line SubZero, Wolf and Bosch appliances. The quintessential Calacatta marble island and countertops as well as custom white cabinetry truly feel like Hamptons. Off of the kitchen you'll find a full pantry and wet bar leading to the formal/informal dining area which boasts a temperature controlled wine cellar. Additionally there is a first floor junior primary suite, mudroom with dog spa, half bathroom and two car attached garage with heated radiant floors. Reglet metal trim throughout the house pair cohesively with the 8" white oak select hardwood floors. Ascending to the second level, the primary suite beckons with a private balcony overlooking the backyard, a generous walk in closet and a spa-like primary bathroom with soaking tub and dual sinks. Three additional bedrooms, each with their own walk-in closet and bathroom, offer unparalleled comfort and privacy. Lastly you'll find the double laundry room with custom cabinetry and sink. The stunning lower level offers a glass enclosed gym with sauna, 14 seat sunken movie theater, recreational area, 2 guest bedrooms with full bath. Outdoor the sprawling back yard is where you'll find a 20" x 40" heated, Gunite, salt water swimming pool and spa surrounded by a Turkish marble patio drenched with lush greenery landscape. The fully equipped pool house with living room, kitchenette, bathroom, laundry, outdoor shower, grill area and walk up serving counter makes for the perfect outdoor entertainment area. Expected completion December 2024. . Additional detailed spec list available upon request!
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$5,850,000
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 | $4,680,000 | $4,680,000 | $4,680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,207 | $28,816 | $38,863 |
Total Monthly Payment | $26,332 | $28,941 | $38,988 |
* 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.