56 Gristmill Lane, Pawling, NY, 12564 | $485,000

Escape to your own private sanctuary in the heart of Pawling! This unique and multi-functional split ranch is situated on over an acre of meticulously maintained lawns, offering exceptional privacy and breathtaking natural beauty. Just minutes away from nature reserves and the historic Dutcher Golf Course, this home provides the perfect blend of serenity and recreation. Inside, discover a spacious layout featuring 3 bedrooms that lives like 4, thanks to a dedicated office space, a versatile bonus room, a recreation room, and an amazing billiard room complete with an expansive bar – ideal for hosting unforgettable gatherings. The eat-in kitchen is flooded with natural light, making meal preparation a joy and entertaining a breeze. Step outside onto the expansive deck and soak in the tranquility of your sprawling property. Forget parking woes with two garages offering space for 4 vehicles. And rest easy knowing you're protected from power outages with a state-of-the-art Generac generator. Convenience is key with a quick 4-minute drive to the Metro-North, making your morning commute a breeze. Plus, enjoy easy access to local dining and shopping. This property offers a rare combination of luxury, privacy, and convenience. Just 1. 5 hours to New York City. Don't miss your chance to own a truly unique property with endless possibilities!

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Laundry: In Basement
  • Style: Split Ranch
  • Year Built: 1970
  • Garage: 4-car
  • Heating: Baseboard, Hot Water, Oil, Steam
  • Cooling: None
  • Basement: Finished
  • Approx Sq. Feet: 1,876
  • Acreage: 1.05
  • Est. Taxes: $10,822
  • Elem. School: Pawling Elementary School
  • Middle School: Pawling Middle School
  • High School: Pawling High School
  • School District: Pawling
  • Appliances: Dishwasher, Dryer, Electric Oven, Microwave, Refrigerator, Washer
  • MLS#: 828772
  • Days on Market: 14 days
  • Website: https://www.raveis.com
    /prop/828772/56gristmilllane_pawling_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.

William Raveis Family of Services

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Richard BloomSales Associate

203.918.2271

Richard.Bloom@raveis.com

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Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 130058

203.952.8600

Joseph.Mollica@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Michael AlvordInsurance Sales Director, William Raveis Insurance

203.925.4507

Michael.Alvord@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

56 Gristmill Lane, Pawling, NY, 12564

$485,000

Richard Bloom

Sales Associate

William Raveis Real Estate

Phone: 203.918.2271

Richard.Bloom@raveis.com

Joseph Mollica

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.952.8600

Joseph.Mollica@raveis.com

NMLS Mortgage Loan Originator ID 130058

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $388,000 $388,000 $388,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 7.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.176% 6.298%
Monthly Tax Payment $902 $902 $902
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,452 $2,581 $3,274
Total Monthly Payment $3,429 $3,558 $4,251

* 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.