79 Balmville Road, Newburgh, NY, 12550 | $1,450,000

TWIN OAKS, a graciously appointed manor home built in 1918 by Linda M. and John A. Staples, was originally a country estate in the quietly elegant hamlet of Balmville, New York just 60 miles north of Manhattan. Located within a stone's throw of the Hudson River, this grand dame embodies the beauty and grace of Hudson Valley living at the turn of the century. Situated just one mile from the historic Powelton Club, a social hub of the area offering golf, tennis, swimming, event space and private dining, this home is ideally located only minutes from Newburgh's historic waterfront, restaurants and marina. Four stone pillars greet visitors before they ascend a sweeping wooded drive to the welcoming main entry of a true center hall colonial with a magnificent staircase imported from the Beacon Hill neighborhood of Boston. Massive front and back doors allow a view into the well manicured landscaping, inviting garden and expansive lawns, which could easily accommodate a swimming pool. One of the most noteworthy characteristics of this comfortable home are the lavish public spaces, including a 29 x 17 dining room and 29 x 18 living room, both with sumptuous original fireplaces. An elegant study off the living room and an eat-in chef's kitchen featuring exposed brick both highlight period fireplaces and offer intimate spaces on the main level. The second floor primary suite includes a stunning fireplace, abundant windows, sitting and office areas as well as two spacious dressing rooms. Four more bedrooms, a laundry and an intimate back staircase leading to the kitchen offer flow and efficiency for busy life styles. The back gardens and stone patio are easily accessed through the main hallway of the home or through an ample informal entry room and staging area, which offers plenty of storage and an indoor grilling station, all designed for effortless entertaining. In addition to the spacious detached three car garage, this home offers a full basement and walk up third floor with significant storage, work space potential and possible future expansion. This delightful property is just minutes to Metro North in Beacon, I-87, I-84 and buses to NYC. Easy to get to and you'll never want to leave, this exceptional property would excel as a full time residence or weekend getaway, with plentiful culture, dining, hiking, boating, apple picking, wineries and antiquing opportunities nearby.

Features

  • Rooms: 16
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Style: Two Story, Colonial, Estate
  • Year Built: 1918
  • Garage: 3-car Detached
  • Heating: Oil, Hot Water
  • Cooling: Window Unit(s)
  • Basement: Full
  • Approx Sq. Feet: 4,388
  • Acreage: 3.1
  • Est. Taxes: $17,397
  • Lot Desc: Level
  • Elem. School: Magnet Sch of Math Science & Design
  • High School: Newburgh Free Academy
  • School District: Newburgh
  • Appliances: Cooktop, Dishwasher, Dryer, Refrigerator, Oven, Washer
  • MLS#: H6307186
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /eprop/H6307186/79balmvilleroad_newburgh_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 Corcoran Baer & McIntosh   Phone: 845-987-2000

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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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79 Balmville Road, Newburgh, NY, 12550

$1,450,000

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 $1,160,000 $1,160,000 $1,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.612% 6.433%
Monthly Tax Payment $1,450 $1,450 $1,450
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,862 $7,332 $9,946
Total Monthly Payment $8,437 $8,907 $11,521

* 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.