521 Mill Road, #531, Rhinebeck, NY, 12572 | $2,500,000

Previously part of Rhinebeck's Wilderstein estate, Wilderkill offers a unique blend of historic charm and modern comfort. This mid-19th century home was meticulously restored and modernized by the locally renown design / construction firm Art of Building. The original 18th-century Dutch stone house once the creamery of the Wilderstein estate anchors the home on the ground level. Step inside to find a modern foyer flanked by windows on the left and original stone foundation on the right. A poured radiant concrete floor warms the space. The foyer leads to a generously-sized guest suite or library with full bath. A charming wine cellar can be found tucked behind the stone foundation wall. Stairs lead from the foyer to the first level, revealing an open concept kitchen and dining space with adjacent living room. A formal parlor with wood-burning fireplace occupies the southern portion of the house. Three exposures of windows ensure the room is bathed in light throughout the day. Stairs bound by an exquisite bannister lead from the parlor to a landing on the second floor. The primary suite is accented with beautiful exposed beams and features a wall of built-in cabinetry. The primary bath includes a gracious soaking tub as well as a stand-alone shower. A second handsomely-finished full bath is shared by two bedrooms found off the landing. The house sits on grounds comprising 19+ acres and includes a barn with a lofted office / storage space. A network of trails winds through the property ultimately leading to a private waterfall on the Landsman Kill. There is a large poured concrete foundation in place with drilled well ready for expansion. Two hours from New York City and with easy access to Amtrak, this historic Hudson Valley property is idyllic yet accessible.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Style: Gothic,Victorian
  • Year Built: 2014
  • Heating: Forced
  • Basement: Finished,Full,Walkout
  • Approx Sq. Feet: 3,010
  • Acreage: 19.46
  • School District: Rhinebeck
  • MLS#: 155046
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /eprop/155046/521millroad_rhinebeck_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 Rouse + Co Real Estate, LLC

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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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521 Mill Road, #531, Rhinebeck, NY, 12572

$2,500,000

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 $2,000,000 $2,000,000 $2,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,356 $12,477 $16,742
Total Monthly Payment $11,481 $12,602 $16,867

* 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.