74 Cranberry Hole Road, East Hampton (Amagansett), NY, 11930 | $11,995,000

Above the Dunes with Panoramic Views in Amagansett perched above the Amagansett Dunes, on over 5 acres of luscious land, sits this magnificent modern masterpiece with incredible panoramic oceanviews. Enjoy amenity rich, resort-style living, in this one-of-a-kind home. Fix yourself a cup of coffee in the new state-of-the-art kitchen and watch the sunrise through the floor to ceiling windows in the oversized living room, the roofdeck, or even the primary bedroom. An extensive recent renovation by the renowned architecture and design firm, The UpStudio, has brought incredible new life to this already very special home by incorporating all the materials and elements of the surrounding environment outside and bringing it in, expanding and enhancing the already amazing views, and reconfiguring the space to create an open but warm feel with flawless design and maximum efficiency. Natural light floods nearly every space in the home and oversized accordion doors create opportunities for seamless indoor/outdoor living. There's no shortage of fun things to do at this unique Amagansett compound with a beautiful sun-drenched, oceanview pool for starters, a bar, a catering kitchen, a screening room, indoor squash court, rooftop bocce court, full gym, firepit, 12 person stainless steel hot tub and more! All of this enjoyed while taking in the endless ocean views spanning from the Amagansett Dunes all the way to Hither Hills. Minutes to ocean and beaches, Amagansett and Montauk, this is truly an amazing opportunity to own of the most fun and intriguing homes in the Hamptons

Features

  • Town: East Hampton
  • Rooms: 18
  • Bedrooms: 9
  • Baths: 11 full / 1 half
  • Style: Modern
  • Year Built: 2018
  • Garage: 4-car Detached
  • Heating: Propane, Forced Air
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 10,000
  • Acreage: 5.6
  • Est. Taxes: $33,623
  • View: Water
  • Elem. School: John M Marshall Elementary School
  • Middle School: East Hampton Middle School
  • High School: East Hampton High School
  • School District: East Hampton
  • Pool: In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • MLS#: 3559779
  • Days on Market: 158 days
  • Website: https://www.raveis.com
    /eprop/3559779/74cranberryholeroad_easthampton_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 Douglas Elliman Real Estate   Phone: 631-537-5900

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

74 Cranberry Hole Road, East Hampton (Amagansett), NY, 11930

$11,995,000

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 $9,596,000 $9,596,000 $9,596,000
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 $2,802 $2,802 $2,802
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $54,485 $59,867 $80,330
Total Monthly Payment $57,412 $62,794 $83,257

* 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.