Gorgeous Water Mill Fall and Spring Rental with Tennis! Enjoy the luxury and serenity of a private rental retreat in Water Mill North. This impressive modern traditional estate is situated on 1. 88 acres, with over 6, 430 SF of designer-furnished living space, including 7 bedrooms and 7. 5 bathrooms. This home is perfection! Impeccably designed for comfortable living and great entertaining, the main level of the house boasts an enormous double height entry, state of the art chef's eat-in kitchen complete with commercial appliances by Viking, Sub Zero, Wolf and Miele, as well as a pot filler. A formal dining room with custom, climate controlled, 700 bottle wine room and bar, spacious living room with fireplace, large great room perfect for hanging out and watching TV, den with butler's pantry/bar, and a powder room complete the main level. This estate also boasts an elevator and attached three-car garage. Upstairs, you will find a luxurious primary suite with spa-like bathroom, featuring radiant heated floors and steam shower, as well as his and hers walk-in closets, with a drinks refrigerator and an elegant balcony overlooking the beautiful farmlands to the South and West. Four spacious ensuite guest bedrooms, including a junior master suite with sitting area, along with a laundry room, complete the second floor. On the lower level, you will find two additional bedrooms and bathrooms, ensuring there is enough space for all your guests to enjoy their stay. Also on the lower level is a state-of-the-art, stadium style theatre with 120-inch projection screen, fully equipped gym with Peloton bike, large comfortable media room and additional laundry room. Outside, you will find the perfect backyard, featuring a built-in outdoor kitchen, a fire pit, a 20' x 50' heated gunite pool with spa, an all-weather tennis court, and a pool house with covered patio, kitchenette with full size Sub-Zero fridge, and a full bath. There are several covered porches and decks with awnings, all overlooking agricultural reserves. Minutes to town, ocean and bay beaches, the location is as perfect as the house! An absolute must see for those seeking the perfect off-season home.
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Our Executive Mortgage Banker:
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$65,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $52,000 | $52,000 | $52,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $346 | $346 | $439 |
Total Monthly Payment | $421 | $421 | $514 |
* 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.