A spectacular 14, 000+ sq. ft. waterfront estate, with a 3, 000 sq. ft. detached guest home, on approximately 10 acres of expansive, prime property. This extraordinary Mill Neck estate, originally built in 1931 and completely redesigned from the ground up in 2007, offers unparalleled luxury and craftsmanship. With over 7 bedrooms and 12 bathrooms, this solid stucco masterpiece features a long, distinguished driveway and breathtaking views of Mill Neck Creek and the Long Island Sound from every room. This opulent residence boasts a grand marble entryway, soaring 12-14 ft ceilings, and stunning Palladian windows throughout, allowing natural light to flood every corner. There are multiple large formal rooms with ornate stone fireplaces and a beautiful chef's eat-in kitchen, complete with an oversized center island that opens up to a warm family room, creating the perfect environment for both entertaining and everyday living. The primary suite is located on a private floor, offering two attached spa-like bathrooms and numerous walk-in closets. The third level has a bespoke bar, a game room, and a sitting/media lounge. Additional features include a finished basement, with a wine closet, gym, and sauna, as well as a 4+ car attached garage. Step outside to discover several outdoor terraces and balconies, and the spectacular 60-ft custom pool and pool house. The property's lush, meticulously landscaped grounds ensure privacy and tranquility. This magnificent estate, with a one-of-a-kind coastal backdrop, is the epitome of luxurious living on Long Island's Gold Coast. This home represents the pinnacle of European craftsmanship, offering a blend of old-world charm and modern sophistication.
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Our Executive Mortgage Banker:
Our Insurance Division:
$18,880,000
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 | $15,104,000 | $15,104,000 | $15,104,000 |
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 | $12,273 | $12,273 | $12,273 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $85,759 | $94,229 | $126,438 |
Total Monthly Payment | $98,157 | $106,627 | $138,836 |
* 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.