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Gorgeous Custom In Water Mill South
US $3,795,000
Property features
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  • 5 bedrooms
  • 5 bathrooms
  • QC Approved Listing
  • Finished
  • A/C
  • Deck
  • Patio
  • Porch
  • 2 Fireplaces
  • Exercise Area
  • In-Home Gym
  • Inground
  • Pool
  • eGallery Listing
Property description
This South-of-the-Highway home was custom built 5 years ago, and is a one-of-a kind at $3.8M -- gorgeous, turnkey, with ultra-low carrying costs. It was lovingly built by its current owner, with designer detailing, refined natural trim, and smart home capabilities. In a prestigious waterfront Mecox neighborhood with $5-10MM homes, this home is also a great investment. $370,000 in annual rent potential offers a historically unheard-of 10% return, highlighting value. Or rent it out for $125K for August, and pay 200% of the annual carry for this well priced home. 107 Narod offers a special lifestyle, with a dock a few doors away to store paddleboard or kayak, which you can take to Scott Cameron Beach. Its a 2-mile ride to ocean beaches in one direction, or the Villages of Bridgehampton or Water Mill in the other. The home is light filled, facing South for a maximum sun. On the first floor, a large kitchen, breakfast room, living room with fireplace, and bedroom suite overlook the back yard and benefit from southern light. The first floor also offers a formal dining room. One of the home's two laundry rooms is off the kitchen for convenience. Upstairs, there are 4 additional bedrooms and a gym or office, that could be a 6th bedroom. The generous primary suite has high ceilings and runs front-to-back. It offers a sitting area with fireplace and desk, and a balcony. The primary bath and 2 walk-in closets are well appointed. There is a hallway with 11' ceilings and second laundry separating the primary from the guest bedrooms. The lower level offers a proper theater for a rainy day, and a play room. Outside, the yard is enveloped in tall privet for privacy. There is a 16 x 32 pool, with a bench for reading or cocktails. Ample patio surrounds the pool on 4 sides, including a pergola and covered porch. The yard has multiple hydrangea gardens. A firepit is great for lounging. For someone looking to find a high-end South-of-Highway home under $4M in a waterfront community, this listing is a unicorn and won't last.

https://www.sothebysrealty.com/id/xlfq9t
107 Narod Boulevard, Water Mill, New York, United States
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