500 Centre Island Road, Oyster Bay (Centre Island), NY, 11771 | $49,900,000

Presenting an unrivaled 26-acre waterfront estate known as MiddleSea, recently transformed by a meticulous multimillion-dollar renovation with unparalleled luxury. Showcasing spectacular panoramic views, this exceptional property features over 2, 000 feet of Sandy Beach, ensuring complete privacy. This world-class estate has 4 distinct homes: The Main House, The Beach House, The Guest House, and The Gate House. All multi-million dollar residences on their own. In addition, there are 3 separate buildable 4 acre waterfront lots. At the heart of the estate lies a 20, 000 square-foot red-brick mansion. The main house features, 30 ft ceiling entry foyer with a timeless black and white marble floor and wrought iron white marble wrap around staircase, five ensuite bedrooms, including a lavish primary suite with dual luxury baths and a private balcony that overlooks breathtaking water views. The elegant formal living room, complete with a fireplace and French doors, opens to a stunning waterfall view. Additional refined spaces include a formal dining room with a striking white marble fireplace, a mahogany library with a wood and stone fireplace, and a office/bay view parlor, each adding to the home's grandeur. The state-of-the-art gourmet kitchen features two Calacatta Caldia Marble Center Islands, complimented by Waterstone faucets, bronze and gold farm sink, Officine Gullo Firenze Oven, dual Thermador Dishwashers side by side Sub-Zero refrigerator, paired with a separate professional stainless steel Chef's Kitchen and a 20-foot ceiling breakfast room. Equipped with an elevator and radiant heat throughout, the estate's exclusive amenities include a private bowling alley, a wine cellar, a spa, and an impressive ballroom. Outdoors, the estate features a breathtaking waterfall, two swimming pools-one near the main house and another by the Gatehouse-a floating dock, and a boat ramp. Beautifully landscaped grounds offer panoramic waterfront views, cementing this estate's status as an unparalleled retreat, a mere stone's throw from New York City. The Bedrooms and Bathrooms listed above reflect the 4 separate houses on the property.

Features

  • Town: Oyster Bay
  • Rooms: 12
  • Bedrooms: 18
  • Baths: 16 full / 8 half
  • Style: Estate
  • Year Built: 1994
  • Garage: 4-car Attached
  • Heating: Oil, Propane, Baseboard, Forced Air, Radiant
  • Cooling: Central Air
  • Basement: Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 20,000
  • Acreage: 14.6
  • Est. Taxes: $567,686
  • Water Front: Yes
  • Elem. School: Theodore Roosevelt School
  • Middle School: Oyster Bay High School
  • High School: Oyster Bay High School
  • School District: Oyster Bay
  • Pool: In Ground
  • MLS#: 3579507
  • Days on Market: 64 days
  • Website: https://www.raveis.com
    /eprop/3579507/500centreislandroad_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 BERKSHIRE HATHAWAY   Phone: 516-200-5700

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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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500 Centre Island Road, Oyster Bay (Centre Island), NY, 11771

$49,900,000

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 $39,920,000 $39,920,000 $39,920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.348% 5.911%
Monthly Tax Payment $47,307 $47,307 $47,307
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $223,541 $245,794 $331,500
Total Monthly Payment $270,973 $293,226 $378,932

* 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.