Welcome to the 'hidden gem, ' a consolidation of rare land making up 480 acres. It is truly one of the most exceptional properties in the Hudson Valley, and perhaps all of New York. The unique combination of man-made lakes, natural water attributes, and distinctively shaped pastoral land, have transformed it into a 'one-of-a-kind' breathtaking landscape. Creating a Lakefront Family Estate Compound is an ideal asset for generational wealth preservation and geographic diversification. The site's immense value is further enhanced by its diverse permitted development opportunities, ensuring long-term appreciation. In addition it is a perfect, clean canvas for a Luxury Gated Residential Community with resort-style amenities. This property features an enchanting blend of natural elements, an unparalleled array of aquatic features highlighted by two crystal-clear, 45 feet deep spring-fed lakes, three ponds, a picturesque island, and two flowing streams. Private fresh ground water from the aforementioned sources is not regulated by NYS-DEC. The site is completely secluded and surrounded by forest and a private 487-foot mountain with an observatory, offering maximum privacy and family security. There are 13-miles of trails accessed by paved roads that provide year-round adventure. The caretaker's house, an integral part of the property, is completely secluded and out of view from the main site, ensuring privacy. The caretaker oversees the upkeep of the 480-acre estate, including its landscape and recreational areas. In addition, this property is adjacent to a 5 bedroom Lakehouse on 10 acres with a valuable option agreement for a First Right of Refusal for future purchase at fair market value.
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Our Executive Mortgage Banker:
Our Insurance Division:
$17,280,000
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 | $13,824,000 | $13,824,000 | $13,824,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $76,337 | $83,996 | $115,723 |
Total Monthly Payment | $76,462 | $84,121 | $115,848 |
* 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.