42 Magoun Road, Islip (West Islip), NY, 11795 | $2,950,000

Welcome to "The Meadows" a stunning Colonial Revival home that epitomizes the architecture of the late 1800's. This home was part of the original 75 acres Magoun estate used as a summer retreat for the Magoun family. Nestled on just shy of an acre of meticulously landscaped grounds, this magnificent residence has undergone a complete transformation, embodying the pinnacle of luxury living. Spanning across 3 floors of luxurious living & 5400 square feet of exquisite craftsmanship & thoughtful design, this 5 bedroom, 3. 5 bathroom waterfront estate offers an unparalleled living experience. As you approach, the grandeur of the property is immediately apparent, with meticulously manicured mature landscaping framing the impressive facade, showcasing a pedimented entrance highlighted by a striking Palladium window & fanlight in the gable peak. Ornate urn finials, elaborate cornice detailing & dental molding wrap the entire house showcasing its architectural splendor. Stepping through the front door, you are greeted by an impressive center hall adorned with elegant details and flooded with natural light, setting the tone for the rest of the home. The first floor boasts 9 1/2' ceilings, crown & base moldings, quater sawn oak floors & an abundance of floor to ceiling windows that bathe every corner in natural light, creating an inviting atmosphere throughout. The centerpiece of the home is the exquisite gourmet kitchen, boasting custom cabinetry, exquisite Carrera marble countertops & Carrera marble subway tile backsplash. A top-of-the-line Viking 6 burner stove, Sub Zero refrigerator, wine refrigerator, & Miele dishwasher ensures that culinary delights abound, perfect for entertaining family & friends. A wall of windows & French doors off the kitchen provide access to the Hampton style backyard with 122' of navy bulkhead, 3 blue stone patios with river rock walls, a covered heated pergola, salt water heated in-ground pool, custom fountain & summer sunsets on the bay. Adjacent to the kitchen, a spacious dining room offers direct views of the picturesque mature landscaping, while the cozy family room, complete with recessed lighting & ample space for entertainment, seamlessly connects to the elegant living room. Here, a wood-burning fireplace sets the scene for intimate gatherings, with French doors to a second pergola. The second floors boasts a large primary suite w/ wood burning fireplace, Carrera marble primary bath with dual vanity, dual showerhead walk-in shower, radiant heat & WIC. Also off the primary suite is a place to savor your morning coffee or toasting to another spectacular sunset, the veranda provides the perfect setting to soak up in the serenity of waterfront living. The third floor of this extraordinary renovated colonial is a true hidden gem, designed to impress. Featuring new windows that flood the space with natural light, this level showcases wide plank wood floors & a luxurious Carrera marble bathroom. An additional living space offers endless possibilities, whether for a cozy retreat, home office, or entertainment area. This unexpected surprise adds both charm & functionality, making this home a standout choice for discerning buyers. A mudroom adds convenience & functionality to the house & connects to a newly designed two car garage with high lift garage doors for multiple exotic & large car storage. Owners enjoy exclusive access to the Magoun Landing gated private beach association (yearly fee) which hosts numerous events for the community. Conveniently located to Babylon train station, Fire Island ferries & Southward Ho Country Club.

Features

  • Town: Islip
  • Rooms: 11
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Style: Colonial
  • Year Built: 1875
  • Garage: 2-car Attached
  • Heating: Natural Gas, Hot Water, Radiant, ENERGY STAR Qualified Equipment
  • Cooling: Central Air
  • Basement: Crawl Space, Unfinished
  • Approx Sq. Feet: 5,475
  • Acreage: 0.93
  • Est. Taxes: $24,724
  • Lot Desc: Level
  • View: Panoramic, Other, Water
  • Water Front: Yes
  • Middle School: Beach Street Middle School
  • High School: West Islip Senior High School
  • School District: West Islip
  • Pool: In Ground
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Oven, Refrigerator, Washer, Wine Cooler
  • MLS#: 3587899
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /eprop/3587899/42magounroad_islip_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 Eric G Ramsay Jr Assoc LLC   Phone: 631-665-1500

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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42 Magoun Road, Islip (West Islip), NY, 11795

$2,950,000

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 $2,360,000 $2,360,000 $2,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.004% 6.738% 6.307%
Monthly Tax Payment $2,060 $2,060 $2,060
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,772 $15,111 $20,075
Total Monthly Payment $15,957 $17,296 $22,260

* 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.