40 Ocean (Lot 3) Avenue, Larchmont (Mamaroneck), NY, 10538 | $2,295,000

Welcome to 40 Ocean (LOT 3) Avenue, a once-in-a- lifetime opportunity to build your dream residence in one of Westchester's most esteemed neighborhoods. Nestled in the heart of the prestigious Larchmont Manor coastal community, this prime . 35-acre parcel directly across the street from the water's edge offers stunning Long Island Sound views, and the perfect canvas to bring your vision to life. This expansive lot provides the flexibility to design a grand estate or a more intimate retreat. Embrace multiple levels, a grand foyer, formal dining and living rooms, a formal study, a library, a wrap-around porch, and expansive outdoor spaces perfect for family gatherings and elegant entertaining. The possibilities are endless! Imagine your future home among some of the most architecturally significant and sought-after properties in Westchester County and beyond. This is a rare and exciting chance to craft a stunning residence that reflects your unique style and sophistication. You will enjoy easy access to the picturesque Larchmont Manor Park, Horseshoe Harbor Yacht Club, and exclusive private beach clubs blocks away. Immerse yourself in the vibrant downtown area, where charming boutiques, acclaimed restaurants, and essential conveniences await. Chatsworth Elementary School, the French-American School, the Public Library, and many playgrounds and green spaces are also conveniently situated within easy walking distance, making this an ideal location for all generations. 40 Ocean (LOT 3) Avenue is more than just a location - it is an invitation to create a home of distinction and elegance in an iconic community renowned for its charm and architectural heritage. Don't miss this exceptional opportunity to build your dream home in a setting that blends coastal living with the dynamic energy of a thriving, prestigious neighborhood. Please do not walk the property without an appointment.

Features

  • Town: Larchmont
  • Zoning: Other
  • Lot Desc: Level, Additional Land Available, Cleared, Corner Lot
  • View: Water
  • Elem. School: Chatsworth Avenue School
  • Middle School: Hommocks School
  • High School: Mamaroneck High School
  • School District: Mamaroneck
  • MLS#: H6324773
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /prop/H6324773/40oceanlot3avenue_larchmont_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 Compass Greater NY, LLC   Phone: 914-3411561

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

40 Ocean (Lot 3) Avenue, Larchmont (Mamaroneck), NY, 10538

$2,295,000

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 $1,836,000 $1,836,000 $1,836,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,856 $10,861 $15,124
Total Monthly Payment $9,981 $10,986 $15,249

* 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.