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$17,640,000
List Price: $18,000,000
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408 Old Montauk
House in Montauk •  building info
3bd • 4.5ba • 4,027ft² $4,470 per ft²
Buy with Yoreevo

$17,640,000

List Price

$18,000,000

Key Details
Days on market
6
Last price change
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Estimated payment
$100,902
Taxes
$3,775
Monthly maintenance
N/A
Description
Presenting one of the rarest and most majestic Oceanfront offerings in The Hamptons - The Stone House, located at 408 Old Montauk Highway, a coveted Private Oceanfront location with panoramic views throughout including nearby Montauk lighthouse and Block Island. Nestled on 3.2 acres with 178.7ft of Ocean frontage, this exquisite estate offers a majestic main residence drafted by the finest artisans with custom copper handmade windows and masterful stonework with hand carved wood exterior. Consisting of two bedrooms and two and a half baths it sits perched on a nearly 70-ft. vegetative bluff and protected by a rare rock revetment on the Atlantic Ocean. The property also boasts a separate 608 sqft +/- lofted 1-Bath artist's studio with a covered porch overlooking an open meadow. Additionally, a 186 sqft +/- pool house with bath, outdoor shower overlooks a pond-shaped 35 x 15 saltwater pool lined with large stones surrounded with expansive lawns, gardens and the ocean beyond. Originally built in 1912, the home was rebuilt in 1991 by renowned designer Tony Ingrao, whose intention was to preserve the integrity of the original structure but breathe modern conveniences into the living experience. This home is by far the most recognized for its unparalleled exclusivity, by way of location, history, architecture and garden design. Since the 1950s, the house has been occupied by several Hollywood and Entertainment elites, such as Marilyn Monroe, Joe DiMaggio and John Lennon, John F Kennedy & among others, and is cited frequently in Andy Warhol's infamous diaries. Truly a once in a lifetime opportunity to be the steward of one of the most Private, rare and collectible estates in the world.

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Listing Amenities
Hardwood floors
Fireplace
Dishwasher
Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$18,000,000
Asking Price: $18,000,000
Term
30 Years
Down Payment
$1,800,000 (10%)
Min: 10% (1,800,000)
Rate
6.0 %
Mortgage Amount
$16,200,000
Mortgage Payment
$97,127
Taxes
$3,775
Estimated Yoreevo rebate
$360,000
Estimated closing cost
$1,010,000
Total monthly cost $100,902
Buy your dream home with us and get an estimated $360,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of NYONLINEREALTY.COM

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