"PIERSON LAKES 2. 0 | LOT #1 | 18. 72 ACRES" - In the verdant heartland, just a stone's throw away from bustling New York City, lies Pierson Lakes, a gated lakefront escape where urban life harmonizes with the tranquil rhythms of the wild. Nestled within a sprawling expanse of 1, 000 acres for only 74 exclusive homes, 25 of which currently exist, and adjacent to 25, 000+ acres of parkland (Sterling Forest & Ringwood State Park), Pierson Lakes is a testament to the majesty of untouched preservation: a haven teeming with wildlife and legacy. Here, the legacy of one of America's founding fathers, Alexander Hamilton, echoes through the land, as his once-private estate graces this idyllic landscape. It's a place where history whispers through the rustle of leaves and dances upon the shimmering surfaces of two pristine lakes, each a mirror reflecting the grandeur of nature. With two private lakes totaling 200 acres, Cranberry Lake offers a playground for the senses - a place where fishing, boating, and swimming intertwine in harmonious bliss. Meanwhile, Potake Lake, with its crystal-clear waters, invites you to dip your toes and lose yourself in the simple joys of swimming and angling. With a guarded gatehouse and roving patrol, residents find peace of mind knowing their sanctuary is safe. A nominal HOA fee provides a community boathouse, docks, sandy beach, endless trails and maintenance of common grounds. As if plucked from a dream, the wonders of Pierson Lakes extend far beyond its aquatic realms, miles of hiking, biking and cross country ski trails wind through the landscape, offering endless exploration. Here, amidst the majestic pines and rolling hills, lies a rare opportunity: 24 exclusive, approved, buildable lots, spanning from 4 to 18 acres of grandeur. The most coveted of all are the 17 lakefront parcels, where the shimmering waters lap at your doorstep, inviting you to cast off into adventures unknown. These pristine parcels offer ample space to craft your own personal oasis, whether it be a modern estate or a rustic retreat. Concierge services are available to guide you every step of the way, from concept to completion, to ensure a seamless building process. Pierson Lakes is a prime residential destination for both large families, people looking to downsize and second home buyers alike. Speaking of opportunity, how about 18. 72 acres of paradise at 4 Sterlington Road? Lot #1 at 4 Sterlington Road is the most perfect canvas to paint the home of your dreams, with potential subdivision for your own mini compound. While Pierson Lakes may be a world unto itself, it's also conveniently close to a host of attractions and remains remarkably accessible with NJ Transit Train to Penn Station just minutes away, and a mere 29 mile drive from the heart of New York City. Neighboring New Jersey and the prestigious Tuxedo Park, there's always something new to explore, whether you want to shop or dine in Warwick NY, the "Sag Harbor of Orange County, " only 30 minutes away, or indulge at Valley Rock Inn, a chic and cozy hostelry just 4 minutes away, where fine dining, relaxation and fitness intertwine. But the piece de resistance? None other than "The Ranch Hudson Valley" - a luxurious health and wellness retreat from Malibu, rated #1 destination spa resort in the United States by Conde Nast Traveler. Opening its doors right next door, this oasis of relaxation promises to elevate the Pierson Lakes experience to new heights. So come, embark on a journey of discovery, and let Pierson Lakes be your guide, where every moment is an adventure waiting to unfold. Relax. Unwind. And best of all, leave the tux behind. . .
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,037 | $3,982 | $5,053 |
Total Monthly Payment | $4,129 | $4,074 | $5,145 |
* 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.