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501 Bay 5th Street, Islip (West Islip), NY, 11795 | $2,924,000
Welcome to this stunning 5, 400 sq. ft. waterfront home offering panoramic views of the Great South Bay, exceptional privacy, and a seamless blend of comfort and elegance. Located in West Islip, this unique property sits on 240 feet of bulkhead and includes its own private pier—perfect for boating and enjoying the coastal lifestyle. The home features 4 spacious bedrooms and 3. 5 beautifully appointed bathrooms, including two primary suites—one on the main level and one upstairs with breathtaking water views from every angle. A spiral staircase from the upper suite leads to a lofted gym space, adding both functionality and charm. Thoughtfully designed with expansive floor-to-ceiling windows, the home is filled with natural light and offers uninterrupted bay views throughout the main living areas. The exterior includes well-maintained landscaping and tasteful stonework that complement the home’s architecture and enhance curb appeal. A generous 2-car garage provides convenient parking and extra storage. Mature trees and greenery offer just the right amount of privacy without obstructing the views. Located in a desirable waterfront community with deep ties to boating and the Great South Bay, this home is a rare opportunity to enjoy modern luxury in a truly tranquil setting.
Features
- Town: Islip
- Rooms: 14
- Bedrooms: 4
- Baths: 3 full / 1 half
- Style: Colonial
- Year Built: 1960
- Garage: 2-car
- Heating: Radiant Floor
- Cooling: Central Air
- Approx Sq. Feet: 5,416
- Acreage: 0.48
- Est. Taxes: $30,951
- Lot Desc: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Near School, Private, Sprinklers In Front, Views, Waterfront
- View: Panoramic, Water
- Water Front: Yes
- Elem. School: Bayview Elementary School
- Middle School: Beach Street Middle School
- High School: West Islip Senior High School
- School District: West Islip
- Pool: Yes
- Appliances: Convection Oven, Dishwasher, Dryer, Exhaust Fan, Refrigerator, Stainless Steel Appliance(s), Washer
- MLS#: 864117
- Days on Market: 1 day
- Website: https://www.raveis.com
/eprop/864117/501bay5thstreet_islip_ny?source=qrflyer
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.
Customer Service
888.699.8876
Contact@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
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- 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.
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
- 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
501 Bay 5th Street, Islip (West Islip), NY, 11795
$2,924,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,339,200 | $2,339,200 | $2,339,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.750% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.761% | 6.865% | 6.560% |
| Monthly Tax Payment | $2,579 | $2,579 | $2,579 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,837 | $15,172 | $20,217 |
| Total Monthly Payment | $16,541 | $17,876 | $22,921 |
* 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