Discover an architectural marvel that marries the industrial elegance of a New York City loft with the serene beauty of Southampton's scenic hills. This unique modern home, set upon 2. 1 acres of lush landscape, offers an unparalleled opportunity to indulge in luxury living while unlocking significant income potential. As you step inside this 2-story sanctuary, the open layout unfolds before you, revealing a space where every detail is meticulously crafted for comfort and style. The chef's kitchen, a masterpiece of form and function, invites culinary exploration, seamlessly flowing into the dining area and living room. This heart of the home is accentuated by two gas fireplaces, adding warmth and ambiance to the expansive interiors. Luxurious in every aspect, the primary suite serves as a private retreat, promising rest and rejuvenation. But the allure of this property extends beyond its interior boundaries. Scenic wraparound views can be enjoyed from the deck and stone patio, leading to a pool that mirrors the sky. Each outdoor space is thoughtfully designed to blend with the natural surroundings, creating an oasis of tranquility. Adding to its allure, a completed accessory apartment (2011) offers its own kitchen and living area, along with a separate private yard. This additional dwelling shares the front entry, presenting a versatile option for generating income or hosting guests in unparalleled style. Nestled in the heart of Southampton's hillside, this home enjoys a coveted location. Equidistant to the charming villages of Sag Harbor, Bridgehampton, and Southampton, a rich tapestry of restaurants, shops, and pristine ocean or bay beaches are just moments away. This one-of-a-kind property, where modern sophistication meets pastoral bliss, promises a lifestyle of luxury, convenience, and potential. Seize the opportunity to make it yours; such an offering will not last
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Our Executive Mortgage Banker:
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$2,495,000
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 | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $536 | $536 | $536 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,177 | $12,128 | $16,442 |
Total Monthly Payment | $11,838 | $12,789 | $17,103 |
* 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.