Moon River is an extraordinary Hudson Riverfront home in the iconic Snedens Landing neighborhood of Palisades, NY - star of the Lower Hudson Valley (search WSJ, NYT, Forbes) and only 25 minutes from NYC. It's snuggled on the Hudson shoreline below and inspired by the cliffs of Palisades that surround it, providing this early 20th century home an extraordinary line of sight/view of the Lower Hudson Valley & river for miles. The property is 1. 4 acres and situated in a wooded environment. Moon River is approximately 4, 300sf, with 5 bedrooms and 5 full and 2 half baths, including 2 primary bedroom suites, each with a fireplace. Additional architectural features include very old wide board wood panels used in the ceiling and walls of the great room, along with massive/antique ceiling beams too. Two of the four fireplaces offer very deep/big fireboxes, ideal for building big fires. The home's stairwell features thick, solid cedar stair treads, carved from trees that grew in the area, and old-style balustrades at the top landing, possibly from an old monastery in Europe. There is also an oversized 2 car garage with lots of storage, an inground, heated pool with a gazebo and a small colonnade, overlooking the Hudson River. Moon River is an architectural home that feels more like a villa than a house, because of the privacy it offers and it's perfectly situated in the landscape, overlooking the water. It was built by legendary artist/resident, Mary Lawrence Tonetti, and designed by renowned architect, Eric Gugler, commissioned in America and Europe, and commissioned by FDR to redesign the oval office in the 1930s. At this same time Gugler designed Moon River he worked in the White House. He was friendly with architects McKim, Meade and White, in their day. Charles McKim was a friend & frequent visitor to Snedens, where Eric Gugler also had a home. When M. M. W. shut its doors on Fifth Ave in NYC, Gugler salvaged the original staircase from their office and used it in another property in Snedens Landing. The property is located in a historic district that dates back before the Revolutionary War to the late 1600s and adjoins about 3, 000 acres of state parkland. Tallman State Park is on the north end, Lamont Observatory, part of Columbia University, which adjoins Palisades Interstate Park property, on the south end and the Hudson River is to the east. There is no through traffic in the community because there is only one road in and out in this neighborhood of about 100 homes. This is the magic of living in Snedens Landing. There is next to no car traffic, which makes it the perfect place to walk for miles. Moon River offers a luxury waterfront lifestyle, rich with provenance and is situated in a park like setting. It was built for the Lowndes family. "Moon River" signifies the first night there's a full moon on the Hudson, after the forsythia bloom in early spring, where according to legend, the shad fish run plentiful in the Hudson, and fisherman would set their nets, supported by long poles, in the river to catch them. This tradition was practiced at this property for many years. Snedens Landing is a 5-minute drive, or 35-minute walk thru Tallman Park, to the historic Hudson Riverfront village of Piermont, which offers many excellent restaurants, shops marinas and more. It also has a tennis association open to residents only for a nominal fee. Find your "one of one". Discover Moon River!
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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 | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $4,662 | $4,662 | $4,662 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,906 | $20,464 | $27,186 |
Total Monthly Payment | $23,693 | $25,251 | $31,973 |
* 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.