Moon River, a significant, early 20th century home in Snedens Landing, a historic district, 25 minutes from NYC. Approaching the home, one feels relaxed, passing by many 18th and 19th century homes, before turning onto Corbett Lane, a private passageway, with a dense, natural hillside on the west side of the road, and only three other homes on the east side, providing complete privacy. This home is situated on a bluff overlooking the Hudson River, and features a private, sandy beach and a beautiful meadow with a windy trail between the house and water. Moon River, is a destination. A waterfront lifestyle. Architecturally, the home is significant with an extraordinary great room, with 16 ft ceilings, grand moldings, five 10ft French doors, classic hardware, antique, wide board paneling, beamed ceiling and two period fireplace mantels in the home. Off the great room is a very large screened in porch, also with 16ft ceilings with 8 skylines facing south, that keeps the room sunny all day. There's a very large, solarium, with windows on three sides, that faces the Hudson River, and features classic, Mediterranean tiles floor. The home's stairwell features thick, solid, cedar stair treads, carved from trees that grow on the property, and old-style balustrades, from a bygone era. There are two primary bedroom suites, each with fireplaces, and one with a private den; separate, staff quarters, with private entrance, another en suite bedroom, plus an oversized 2 car garage. The home was built by legendary artist/resident, Mary Lawrence Tonetti, and designed by renowned architect, Eric Gugler, commissioned in America and Europe, and hired by FDR to redesign the oval office in the 1930s. The home was built for the Lowndes family. "Moon River" signifies the first night there's a full moon on the Hudson, after the forsythia bloom, where according to legend, the shads run plentiful in the Hudson, and fisherman set their nets, supported by long poles, in the river to catch them. This tradition was practiced at this property for many years, as the original owner recalls in one of the many books written about this fairytale place, once called Brigadoon, by The NY Times. The property also features an inground pool with a pergola with another screened-in porch overlooking the river and pool, and an oversized garage with a large gravel parking parking area. Corbett Lane is not a thru street. Snedens Landing is a neighborhood, and part of Palisades, NY. It is surrounded by a 500+ acre park on the North end, and a 2, 500 acre park on the south side, and the Hudson River on the east side. There are numerous walking trails from any home. The charming, historic riverfront village of Piermont, with many restaurants, shops and marinas, is only 5 minutes away. The Snedens Landing Tennis Association, tennis court, is open for residents only, for a small fee. Nothing compares.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,800,000 | $3,800,000 | $3,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $4,606 | $4,606 | $4,606 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,279 | $23,089 | $31,302 |
Total Monthly Payment | $26,010 | $27,820 | $36,033 |
* 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.