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Every so often a truly exceptional home comes available – and this is one of those homes. On a quiet, historic Southold lane, the home sits at the end of a long driveway providing plenty of privacy. A short distance to both Long Island Sound and Peconic Bay beaches, restaurants, wineries, and shopping in both Southold and Greenport, this exquisitely designed custom-built Nantucket style home spans over 3800 square feet on a private, meticulously maintained lot, just shy of 1 acre. Upon stepping onto the covered mahogany wraparound front porch you enter the main level featuring a double height foyer which opens to a sun drenched living room. The oversized, well-appointed kitchen is an entertainer's delight with Carrera marble countertops and huge island with seating for 5. The adjacent formal dining room provides plenty of space for large gatherings. Continuing on the main level, the recently renovated owner's suite boasts a serene steeping tub, Carrera tile shower and huge walk-in closet. Moving to the second floor, you will find a spacious loft as well as 3 additional large bedrooms. Outside you will enjoy the stone patio, and a massive exotic wood deck with a pergola. A separate seating area with a wood burning fire pit is closeby. The detached 2 car garage has room above for expansion. The huge beautifully landscaped back yard is a gardener's delight, with raised beds and mature plantings, and offers plenty of room for a pool!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,599,200 | $1,599,200 | $1,599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.659% | 6.610% | 6.303% |
Monthly Tax Payment | $973 | $973 | $973 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,206 | $10,108 | $13,603 |
Total Monthly Payment | $10,304 | $11,206 | $14,701 |
* 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.