A subtle elegance fills this exceptionally renovated and expanded Colonial that reflects the tranquility of the landscape. The bucolic setting of 7+ acres abounds with wide lawns, mature shrubbery and a dense perimeter of tall trees for the utmost privacy. For those seeking a haven away from it all, this oasis is the answer, offering a compound setting including the 6-Bedroom Main House, a 2-bedroom legal Cottage, a Studio, Stables plus a Pool with new Pool House. These amenities provide plenty of room for weekend guests, extended family or a caretaker. Perfect for that special buyer who is a car enthusiast who wants additional garage space. Imagine a splendorous setting to live, work and play tucked away on a private road only minutes from the charming hamlet of Locust Valley and backing to Piping Rock Country Club grounds. The main house boasts all the hallmarks of classic luxury; hardwood floors, fine woodwork, 7 fireplaces (both woodburning and gas) and custom built-ins. Filled with light, picturesque views of the landscape are captured from every room. Well-proportioned rooms are imbued with a feeling of joy featuring unique ceiling treatments, French doors, archways, pleasing wallpapers and paint colors. Favorite entertaining rooms include the Great Room, a spacious formal Dining Room with fireplace and the Living Room with a stunning beamed cathedral ceiling and radiant heat floors. Just off the Formal Living Room s a charming wisteria covered patio to enjoy the idyllic property. A well-appointed Kitchen with Breakfast Room for casual meals opens to the bluestone patio and the thoughtful floor plan also includes a welcoming Entry Hallway, main-floor Bedroom Suite, Library, outfitted Mud Room and 2 half Baths. Upstairs, the airy Primary Bedroom Suite will delight with its beamed, vaulted ceiling, and a private deck for morning coffee or enjoying summer breezes. There are 4 additional Bedrooms and all the bathrooms have been exceptionally renovated with marble tile and high end fixtures. The Lower Level has a comfortable Den or Playroom that opens to the backyard, Exercise Room, full Bath, Sauna, Utilities and storage. Property backs up to North Shore Land Alliance trails.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,498,000
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 | $5,198,400 | $5,198,400 | $5,198,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $5,586 | $5,586 | $5,586 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $29,516 | $32,007 | $43,168 |
Total Monthly Payment | $35,227 | $37,718 | $48,879 |
* 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.