0 Applewood Estate, Oyster Bay (Upper Brookville), NY, 11545 | $38,500,000

Behold Applewood Estate, an expansive 35+ acre serene property nestled within the prestigious Village of Upper Brookville. This unmatched North Shore architectural masterpiece with 6+ dwellings, offers both grandeur and elegance. The unrivaled property was meticulously designed with professional landscaping, decorated with mature privacy hedges, formal gardens with water features and rolling green lawn space. Rooted in history, this magnificent estate was once an Apple Orchard Farm back in the early 1900's and was also formerly owned by the celebrated 19th-century American Artist Montague Flagg. The bespoke Main Residence encompasses an impressive 13, 000 Sq. Ft. of living space, was custom built with Slate, Brick and Stone in 2005 and is a testament to high-end design and luxury living. Designer details include Onyx Marble installations, spacious primary rooms, oversized parquet wood floors, handmade iron fireplaces, thick-cut millwork and more. A grand Foyer with a winding staircase, a Great Room with intricate coffered 23 foot ceilings and a magnificent Library loft and a handcrafted Meditation Room, a Billiards/Game room with a Wet-Bar and a Eat-In-Kitchen with a Breakfast Room overlooking the peaceful backyard are just a few of the interior highlights that make this home truly special. Additionally, this unrivaled estate features several detached houses including a 2 Bedroom Colonial Residence and a meticulously reconstructed circa 1914 Stone Barn, now serving as a guest retreat. This distinguished horse-property includes a newly resurfaced tennis court, a separate sports court, a 6-door detached garage, a commercial-grade 150kW generator, a long tree-lined driveway and a secure gated entrance, ensuring peace, beauty and privacy. Equestrian enthusiasts will appreciate the formal horse stables complete with a training ring. The property further boasts a heated in-ground pool pavilion with a jetted jacuzzi spa and a built-in outdoor kitchen, as well as a 1 bedroom Pool House and numerous other refined amenities, making it a Gold Coast sanctuary of relaxation and sophistication.

Features

  • Town: Oyster Bay
  • Rooms: 36
  • Bedrooms: 13
  • Baths: 11 full / 6 half
  • Style: Estate
  • Year Built: 2005
  • Garage: 4-car Detached
  • Heating: Natural Gas, Forced Air, Radiant
  • Cooling: Central Air
  • Basement: Finished, Full
  • Approx Sq. Feet: 12,892
  • Acreage: 35.47
  • Est. Taxes: $229,212
  • Lot Desc: Level, Private
  • View: Open, Panoramic
  • Elem. School: Ann Macarthur Primary School
  • Middle School: Locust Valley Middle School
  • High School: Locust Valley High School
  • School District: Locust Valley
  • Pool: In Ground
  • MLS#: 3578383
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /eprop/3578383/0applewoodestate_oysterbay_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 Daniel Gale Sothebys Int'l   Phone: 516-466-4036

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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

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0 Applewood Estate, Oyster Bay (Upper Brookville), NY, 11545

$38,500,000

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 $30,800,000 $30,800,000 $30,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.040% 6.360% 5.930%
Monthly Tax Payment $19,101 $19,101 $19,101
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $174,879 $189,641 $255,766
Total Monthly Payment $194,105 $208,867 $274,992

* 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.