59 Sand Castle Lane, East Hampton (Amagansett), NY, 11930 | $6,950,000

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.

Features

  • Town: East Hampton
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 3 full
  • Style: Contemporary
  • Year Built: 1982
  • Heating: Oil, Forced Air
  • Cooling: Central Air
  • Basement: Unfinished, Walk-Out Access
  • Approx Sq. Feet: 2,382
  • Acreage: 0.81
  • Est. Taxes: $13,845
  • Lot Desc: Cul-De-Sec, Private
  • View: Panoramic
  • Water Front: Yes
  • Elem. School: John M Marshall Elementary School
  • Middle School: Amagansett School
  • High School: Amagansett School
  • School District: Amagansett
  • MLS#: 3569730
  • Days on Market: 96 days
  • Website: https://www.raveis.com
    /eprop/3569730/59sandcastlelane_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 Brown Harris Stevens Hamptons   Phone: 631-324-6400

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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
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59 Sand Castle Lane, East Hampton (Amagansett), NY, 11930

$6,950,000

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 $5,560,000 $5,560,000 $5,560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $1,154 $1,154 $1,154
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $32,007 $35,143 $46,918
Total Monthly Payment $33,286 $36,422 $48,197

* 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.