250 Island Dr, #A, Craryville (Copake), NY, 12521 | $4,250,000
New construction home on a private gated island with the possibility to customize further for 2026 completion. Exclusive location on a private island in the middle of the only water ski motor boat lake in Columbia County. A contemporary house on 1. 1 acres with a large private dock and over 120ft of direct water frontage on Lake Copake. This beautiful home has 5 proper bedrooms (with the possibility of 2 more on the lower/lake level), plus 5 full bathrooms and 1 powder room. The double height great room has an open plan with family room, formal living room, large kitchen, as well as formal and informal dining areas, that all overlooking the lake and open on to the rear deck. The 2nd floor has a large primary suite with ensuite 5-fixture bath and dressing closet, along with 3 other guest bedrooms, 2 other full bathrooms, and a separate office. The lower/lake level opens directly out to the rear lawn, which leads down to a large stone patio and fire pit at the water's edge. This level also has a recreation room, a heated 2-car garage, a full bathroom, and 2 flex spaces (with windows and closets) that could be used as 2 additional guest bedrooms. The property is rounded out by a spacious water-side house, complete with electricity and built-in twin bunk beds. A mix of mature trees surround the property offering seclusion from neighbors while still allowing for western lake and sunset views with the Catskill Mountains beyond. Accessible by a small bridge, Island Drive is a beautifully maintained gated island with only 15 very private homes and a shared tennis court. A short distance around the lake takes you to Copake Country Club with an award-winning public golf course and year-round restaurant and bar. Also convenient are two seasonal marinas with beer gardens, cafes and ice cream stands. Perfectly situated 2 hours from NYC, with Catamount ski resort around the corner, and just 20 minutes in either direction to Hudson, NY and Great Barrington, MA.
Features
- Town: Craryville
- Rooms: 14
- Bedrooms: 5
- Baths: 5 full / 1 half
- Style: Contemporary
- Year Built: 2025
- Garage: 2-car Under
- Heating: Forced
- Basement: Finished,Full,Walkout
- Approx Sq. Feet: 6,124
- Acreage: 1.1
- Water Front: Yes
- School District: Taconic Hills
- MLS#: 156136
- Days on Market: 58 days
- Website: https://www.raveis.com
/eprop/156136/250islanddr_craryville_ny?source=qrflyer
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888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@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
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
250 Island Dr, #A, Craryville (Copake), NY, 12521
$4,250,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
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 | $3,400,000 | $3,400,000 | $3,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,305 | $21,771 | $28,691 |
| Total Monthly Payment | $19,430 | $21,896 | $28,816 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535