40 Sunset Road, Old Westbury (Great Neck), NY, 11024 | $7,552,500

The Sunset Estate - This spectacular waterfront estate is located in Kings Point, New York, on over 47, 000 square feet of gated private grounds with sprawling lawns offering panoramic views of the Long Island Sound. This exceptional compound featuring a six-bedroom, four + bath, Colonial grand main residence, as well as an additional two-bedroom, two bath private guest house, pool, and a detached three car garage. An extraordinary feature of this property, with its stellar panoramic views, is its waterfront promenade with a deepwater pier that extends +/- 185 feet into the Long Island Sound. Your private and protected safe harbor can accommodate any type of boat. Celebrate life and enjoy city skyline views and magnificent sunsets every day of the year! Located on a very quiet exclusive cul-de-sac, and surrounded by the security of the Kings Point Police Headquarters and the United States Merchant Marine Academy, there is no safer place for carefree living. A long private driveway winds its way through the property, accessing each home individually. The property is ultimately defined by the splendid setting and stunning waterfront views enjoyed year-round. The unique surroundings and unmatched private location truly exemplify waterfront living at its very best. Kings Point residents have access to the Great Neck Park District, which offers summer concerts, beautiful parks, camps, and endless activities year-round. Renovate or build new, 40 Sunset can be your fresh palette, worthy of building your dream home. The possibilities are endless. . . . . Dreams can become your reality at 40 Sunset. , Additional information: Appearance: Good

Features

  • Town: Old Westbury
  • Amenities: Powered Boats Allowed, Park
  • Rooms: 12
  • Bedrooms: 9
  • Baths: 6 full / 1 half
  • Style: Colonial
  • Year Built: 1925
  • Heating: Natural Gas, Hot Water
  • Cooling: Wall/Window Unit(s)
  • Basement: Unfinished
  • Est. Taxes: $75,570
  • Lot Desc: Near Public Transit
  • View: City, Panoramic, Open
  • Water Front: Yes
  • Elem. School: E M Baker School
  • Middle School: Great Neck North Middle School
  • High School: Great Neck North High School
  • School District: Great Neck
  • Pool: In Ground
  • Appliances: Gas Water Heater
  • MLS#: 3566075
  • Days on Market: 150 days
  • Website: https://www.raveis.com
    /eprop/3566075/40sunsetroad_oldwestbury_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 Coldwell Banker American Homes   Phone: 516-365-5780

William Raveis Family of Services

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Customer Service

888.699.8876

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

40 Sunset Road, Old Westbury (Great Neck), NY, 11024

$7,552,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $6,042,000 $6,042,000 $6,042,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.844% 6.597% 6.158%
Monthly Tax Payment $6,298 $6,298 $6,298
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $35,259 $38,190 $50,986
Total Monthly Payment $41,682 $44,613 $57,409

* 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.