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Welcome to 720 The Parkway—where timeless architecture meets modern coastal elegance in the heart of the sought-after Shore Acres community. This impeccably renovated Dutch Farmhouse has been transformed into a pristine 5-bedroom, 3. 5-bath Colonial, offering exclusive deeded access to a private clubhouse, pool, beach, dock, and more. The home boasts an open floor plan with soaring 10-foot beamed ceilings, transom windows, and wide-plank “Old Oak” hardwood floors. Expansive windows bathe the interior in natural light from every exposure, creating an inviting and airy ambiance throughout. The gracious great room features a wood-burning fireplace and flows seamlessly into the spacious dining room, highlighted by original leaded and stained glass. A cozy library with gas stove and window seat adds warmth and character. The chef’s kitchen is the heart of the home, complete with an oversized island, stainless steel appliances, and a sun-drenched family room with skylights and sliding doors that open to a large "Ipe" hardwood deck and a fully fenced backyard with vibrant greenery. Upstairs, the serene primary suite includes a marble double vanity, custom dressing room, and access to a private veranda. The second floor also features a stylish hall bath with specialty tile, radiant heat, and a charming clawfoot tub. All bedrooms offer custom closets. The third floor offers many possibilities with a large light filled lounge- Game room or office, two additional bedrooms, a full bath, walk -in closet and storage. The finished lower level provides 1, 045 sq. ft. of additional flexible space, ideal for a gym, playroom, or studio, and includes laundry, storage, and a wine closet. Additional features include new two-zone Trane HVAC (2023), Nest smart home controls, full foam insulation, sprinkler system on all floors, multi-zone interior/exterior sound system, a custom mudroom with separate entrance, and a detached two-car garage. Located within the renowned Rye Neck School District and just 35 minutes from NYC, 720 The Parkway is more than a home—it’s a lifestyle.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,595,000
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 | $2,076,000 | $2,076,000 | $2,076,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.309% |
Monthly Tax Payment | $4,332 | $4,332 | $4,332 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,787 | $13,293 | $17,659 |
Total Monthly Payment | $16,244 | $17,750 | $22,116 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.