Get away from it all and find your peace in Amagansett. Here the excitement of the surf and serenity of sunset blend seamlessly. Renowned as one of the most alluring hamlets on the East End, Amagansett's beaches are vast and beautiful and the Village, even more enticing. In this place of perfect balance, rarely does prime real estate in hard to acquire locations become available, but for the first time in 4 decades, that once in a lifetime opportunity has arrived. Introducing 59 Sand Castle Lane. Enjoyed and proudly maintained by the same family since 1982, this Amagansett Dunes contemporary beach house is positioned on an elevated, shy acre parcel amongst the dunes and is surrounded by greatness. Inside you will find a total of 2, 382 sq. ft. of living space consisting of 4 bedrooms and 3 full baths, media room, open and airy main living spaces with a natural transition from inside to out, a 180-degree perspective over dune preserve to the great Atlantic, plus 4 covered porches. Outside discover what living in the Dunes is all about. Open space, rolling dunescape, big sky and a south facing 1, 3010 sq. ft. deck with an outdoor shower and a 20 x 40 sparkling pool. Embrace the sand in your shoes lifestyle or just go barefoot, after all, you live at the beach. This property includes ocean beach access via a winding boardwalk thru the dunes as a member of one of the most sought-after private beach communities on the east end consisting of only 19 homes. Amagansett Dunes is a special place and from 59 Sand Castle Lane, you will treasure the beach as your backyard and value the proximity to all the best the east end has to offer. All the necessities are in place for its transformation into your future modern day beach retreat. Enjoy as is, renovate or start over and be the next visionary to make their mark in the Dunes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,950,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,560,000 | $5,560,000 | $5,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,154 | $1,154 | $1,154 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,134 | $33,783 | $45,799 |
Total Monthly Payment | $32,413 | $35,062 | $47,078 |
* 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.