16 Tuthill Lane, Remsenburg, NY, 11960 | $9,800,000

Welcome to "Once Upon a Time, " a timeless gem nestled in the heart of Remsenburg, New York, marking the beginning of the illustrious Hamptons lifestyle. Built in 1934 and meticulously renovated, this stately residence sits majestically on over 14-acres of lush, sprawling land. This 7-bedroom, 5 and 2-half bath grand estate offers an abundance of space for luxurious living and entertaining. From the elegant dining room to the inviting living room, cozy library, and captivating billiard game room, every corner exudes charm and sophistication. Ascend to the third floor to discover 2 private guest quarters, complete with a media room. The entire home is equipped with a state-of-the-art geothermal heating system, ensuring comfort and efficiency year-round. Step outside into your own private oasis, where a stunning Gunite pool awaits, surrounded by meticulously landscaped gardens and stone verandas. Relax by the tranquil pond or host unforgettable gatherings in this enchanting outdoor haven. Inside, exquisite woodwork adorns every corner, complemented by cherry floors and original leaded windows, preserving the timeless elegance of yesteryears. With 6, 770 square-feet of living space, there's ample room to make cherished memories with loved ones. Indulge in the epitome of Hamptons living at "Once Upon a Time, " where history meets modern luxury in perfect harmony. Don't miss your chance to own a piece of this prestigious enclave. Schedule your private viewing today and step into a fairytale lifestyle.

Features

  • Rooms: 16
  • Bedrooms: 7
  • Baths: 5 full / 2 half
  • Style: Estate
  • Year Built: 1933
  • Garage: 3-car Private, Attached, 3 Car Attached, Driveway
  • Heating: Oil, Geothermal
  • Cooling: Geothermal
  • Basement: Full, Walk-Out Access
  • Approx Sq. Feet: 6,770
  • Acreage: 13.24
  • Est. Taxes: $24,285
  • Lot Desc: Level
  • View: Panoramic, Water
  • Water Front: Yes
  • Elem. School: Remsenburg-Speonk Elementary Sch
  • Middle School: Westhampton Middle School
  • High School: Westhampton Beach Senior High Sch
  • School District: Remsenburg-speonk
  • Pool: In Ground
  • MLS#: 3530281
  • Days on Market: 125 days
  • Website: https://www.raveis.com
    /eprop/3530281/16tuthilllane_remsenburg_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

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.

Jerry MasonSales Associate

508.292.9297

Jerry.Mason@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@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

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

16 Tuthill Lane, Remsenburg, NY, 11960

$9,800,000

Jerry Mason

Sales Associate

William Raveis Real Estate

Phone: 508.292.9297

Jerry.Mason@Raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $7,840,000 $7,840,000 $7,840,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.229% 6.486% 6.307%
Monthly Tax Payment $2,024 $2,024 $2,024
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $45,131 $48,911 $66,689
Total Monthly Payment $47,280 $51,060 $68,838

* 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.