490 Duck Pond Road, Oyster Bay (Locust Valley), NY, 11560 | $6,498,000

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.

Features

  • Town: Oyster Bay
  • Rooms: 11
  • Bedrooms: 6
  • Baths: 8 full / 3 half
  • Style: Estate
  • Year Built: 1926
  • Garage: 4-car Detached
  • Heating: Natural Gas, Forced Air, Radiant, Hot Water
  • Cooling: Central Air
  • Basement: Partial, Partially Finished, Walk-Out Access
  • Approx Sq. Feet: 6,522
  • Acreage: 7.25
  • Est. Taxes: $67,027
  • Lot Desc: Private
  • View: Panoramic
  • Elem. School: Ann Macarthur Primary School
  • Middle School: Locust Valley Middle School
  • High School: Locust Valley High School
  • School District: Locust Valley
  • Pool: In Ground
  • Appliances: Dishwasher, Dryer, Freezer, Oven, Refrigerator, Washer, Wine Cooler, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater
  • MLS#: 3591159
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /eprop/3591159/490duckpondroad_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 Daniel Gale Sothebys Intl Rlty   Phone: 516-759-4800

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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

Our Executive Mortgage Banker:

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490 Duck Pond Road, Oyster Bay (Locust Valley), NY, 11560

$6,498,000

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 $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.