Buy with Yoreevo
$4,911,750
List Price: $4,995,000
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7 Town Line Road
House in Wainscott •  building info
3bd • 2.5ba • 82,764ft² $60 per ft²
Buy with Yoreevo

$4,911,750

List Price

$4,995,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
14
Last price change
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Estimated payment
$28,832
Taxes
$417
Monthly maintenance
N/A
Description
This is a compelling opportunity for a builder. This 1.9 acre property is Board of Health approved to update the septic system to support a 10 bedroom home with room for tennis and pool. South of the Highway on the prestigious Town Line Road with proposed building plans to construct a new home or to enjoy and add onto the existing. There is real opportunity here for a smart buyer or developer. The current residence, a three-bedroom, two-and-a-half-bathroom abode, offers exposed wood for a timeless appeal. Spanning approximately 2500 square feet, this classic home is enveloped by park-like grounds and filled with light. Upon entering, you're welcomed by a spacious great room adorned with rustic exposed beams and centered around a comforting wood-burning fireplace. The dining area seamlessly transitions into an eat-in kitchen, thoughtfully designed with ample space for culinary endeavors and entertaining guests. Step outside onto the expansive patio, where you're greeted by your own private oasis. The beautifully landscaped yard boasts a plethora of mature flowering plants, complemented by a sprawling lawn that serves as a stunning backdrop. With room for potential amenities such as a tennis court and pool, this property offers an exceptional opportunity to create your dream home in a truly captivating setting with a reserve to the North and West of the property.

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Building Amenities
Parking Available
History
What it'll cost
Purchase price
$4,995,000
Asking Price: $4,995,000
Term
30 Years
Down Payment
$499,000 (10%)
Min: 10% (499,000)
Rate
6.5 %
Mortgage Amount
$4,495,500
Mortgage Payment
$28,415
Taxes
$417
Estimated Yoreevo rebate
$83,250
Estimated closing cost
$189,000
Total monthly cost $28,832
Buy your dream home with us and get an estimated
$83,250 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Saunders West

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