New construction with tennis and overlooking 50 acres of farm reserve, this East End Building Company home will be completed near the end 2023. Designed in conjunction with award winning architecture and design firm The Up Studio, this home is available pre-completion. Set on 1.5 acres, with southern exposure, this Modern Farm House is one not to be missed. The 13,000 sq ft +/- home offers three levels, 9 bedrooms, 9 full baths and two half-baths. The home features Fleetwood doors and windows, creating a sun drenched, two story foyer and open living space. The gourmet kitchen is accompanied by a prep kitchen. The home offers multiple spaces for hosting and entertaining, including a formal dining room, family/breakfast room, and great room. The oversized junior primary suite includes a walk in closer and sitting room. The second level primary suite includes two private outdoor spaces and sitting room as well. Additionally there are 4 well sized guest rooms on the second level, den and office as well as a third floor roof deck. The lower level offers two additional bedrooms, gym, sauna and steam room, and wine closet. A recreation and theater are planned. Outside, enjoy days by the oversized pool/ spa, cabana and tennis court, and nights sitting in the quietness of the near by reserve,
394 Seven Ponds Towd Rd, Water Mill, NY, 11976
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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