1 Tatem Way, Old Westbury, NY, 11568 | $4,475,000

1 Tatem Way is a majestic brick colonial home, perfectly situated on 5. 39 acres within an exclusive 9-home gated community in the Village of Old Westbury. This meticulously maintained estate features 6 spacious bedrooms, 4 full bathrooms, 1 half bath, and a full basement, providing ample space for both everyday living and grand entertaining. A 1st-floor bedroom, 1st-floor full bathroom, 1st-floor dedicated laundry/mud room combination, and powder room are just a few points of distinction to speak of. The 3-car garage, thoughtfully equipped with a slat wall rack system, offers maximum organized storage. An expansive custom brick driveway enhances the home's distinguished appeal. At the heart of the home is a chef's kitchen, featuring a Viking Professional Natural Gas Appliance Package, dual sinks, and a hidden walk-in pantry. The eat-in kitchen boasts abundant storage with an impressive array of pull-out drawers for ease and convenience. Adjacent to the kitchen is the formal dining room, perfect for hosting gatherings of any size, with a convenient serving area positioned between the kitchen and dining room. Additional highlights include a dedicated office with a wet bar and dual-sided gas fireplace shared with the Family Room, a formal living room, a grand two-story entrance foyer with a winding staircase, an 11-zone sprinkler system, fully owned Tesla solar panels and charger, a whole-house leaf gutter system, and underground electrical and sewer systems. As you step outside, you'll find a blue stone patio, a secondary brick patio, and a built-in natural gas grill, all offering privacy in the tree-lined backyard. You will then be able to play or watch the next match on the estate's private tennis court-perfectly adorning the property. With its elegant design, top-tier amenities, and expansive grounds, this home offers an unparalleled living experience.

Features

  • Rooms: 12
  • Bedrooms: 6
  • Baths: 4 full / 1 half
  • Style: Colonial
  • Year Built: 2002
  • Garage: 3-car
  • Heating: Forced Air
  • Cooling: Central Air
  • Basement: Full
  • Approx Sq. Feet: 6,627
  • Est. Taxes: $66,991
  • HOA Fee: $2,500 Annually
  • Elem. School: Cantiague Elementary School
  • Middle School: Jericho Middle School
  • High School: Jericho Senior High School
  • School District: Jericho
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer, Gas Water Heater, Wine Refrigerator
  • MLS#: 802275
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/802275/1tatemway_oldwestbury_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 Signature Premier Properties   Phone: 631-692-4800

William Raveis Family of Services

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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
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  • Provides a guaranteed closing date that meets your needs
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Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1 Tatem Way, Old Westbury, NY, 11568

$4,475,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,580,000 $3,580,000 $3,580,000
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 6.700% 6.222% 5.785%
Monthly Tax Payment $5,583 $5,583 $5,583
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,047 $21,752 $29,490
Total Monthly Payment $25,755 $27,460 $35,198

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.