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107-1-119.2 Lookout Mountain Road, Tuxedo (Tuxedo Park), NY, 10987 | $595,000
Nestled in the breathtaking Ramapo Mountains, this 1. 3-acre property offers a rare opportunity to create your dream retreat just 40 miles from New York City. The Village of Tuxedo Park is a legendary community where pure magic begins the moment you drive through the front gates – transforming from a Sherwood Forest in summer to a Winter Wonderland in the colder months. This private, buildable 1. 3-acre oasis with paved road access represents more than just land; it's an invitation to craft your personal sanctuary in one of New York's most exclusive enclaves. Utilities are fully prepared for development, with connection to water, sewer, and electrical already in place. The 1. 3-acre parcel is remarkably flat, promising minimal excavation and positioned near some of the Park's most prominent historic properties, including the Frelinghuysen, Tuckerman, and Poor Mansion estates. The current owner has already invested significant resources – approximately $80, 000 – in site approvals and planning, potentially saving a future owner considerable time and expense in the development process. The Tuxedo Park community is a remarkable destination, offering an extraordinary lifestyle centered around three pristine lakes and a gated 24/7 police-guarded environment. Members can enjoy exclusive amenities including the Wee Wah Beach Club, a comprehensive Tuxedo Park Club with golf, tennis, paddle, pickle ball, court tennis, rackets and boat facilities, and a stunning 21-acre nature preserve – a transformed 1887 polo field (the "racetrack") that has become the community's natural crown jewel, adding immeasurable beauty and recreational value to this exceptional enclave. With easy transportation from NYC via train and bus, residents enjoy endless outdoor opportunities: swimming, boating, biking, fishing, and miles of groomed hiking trails that wind through the stunning landscape. Embrace the opportunity to own a piece of New York's most enchanting hidden gem.
Features
- Town: Tuxedo
- Lot Desc: Paved, Private, Sloped, Views, Wooded
- View: Lake, Mountain(s), Panoramic, Trees/Woods, Water
- Elem. School: George Grant Mason Elementary School
- Middle School: Contact Agent
- High School: George F Baker High Sch
- School District: Tuxedo Union Free
- MLS#: 802804
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/802804/10711192lookoutmountainroad_tuxedo_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
107-1-119.2 Lookout Mountain Road, Tuxedo (Tuxedo Park), NY, 10987
$595,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $476,000 | $476,000 | $476,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,087 | $3,048 | $3,953 |
| Total Monthly Payment | $3,179 | $3,140 | $4,045 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535