A gorgeous waterfront estate on Crane Neck Point, this home is one of a kind. Architecturally designed to take advantage of an extraordinary 10+/- acre lot with 300 degree views of the Long Island Sound, the home is perfectly built on a curve. There is also access to half a mile of private beach and a grandfathered cabana. Located at the very end of Crane Neck Road in the village of Old Field, this unique offering is unlike any other on the North Shore given how rare it is to find an entire peninsula as one lot. This home is completely custom built with approximately 20, 000 livable square feet. The welcoming, grand entry foyer features a double staircase. There are 6 bedrooms, four of which are private suites with a sitting room, walk-in closets, and en suite baths, plus 7 full bathrooms and 1 powder rooms. The beautifully appointed living spaces include a library, solarium, formal dining and living rooms, a massive kitchen that opens to a double-height great room, an apartment with separate entrance, a gym, wine cellar, oversized basement with 10' ceilings, and a five-car garage with custom cabinetry. There are granite floors in the kitchen, marble in the hallways and bathrooms, and gorgeous hardwood floors throughout the rest of the home. Additionally, this home boasts exceptional mill work, mahogany windows, and wrought-iron staircases. The outdoor entertainment space is complete with a 46' gunite pool, pergola with full wet bar, bocce court, a pond, and of course 2, 500' of private beach. The exterior of the house with its 100 year guaranteed Ludowici glazed tile roof, Connecticut river granite exterior facade, marble dust composite columns and blue stone porcelain tiles perfectly complements the natural surroundings. The elevated bluff lends to the coastal Italian vibes.
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$9,950,000
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 | $7,960,000 | $7,960,000 | $7,960,000 |
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 | $12,192 | $12,192 | $12,192 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $45,822 | $50,313 | $67,171 |
Total Monthly Payment | $58,139 | $62,630 | $79,488 |
* 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.