5 Cedar Lane, Glen Cove, NY, 11542 | $3,999,000

Leahead-Gold Coast Waterfront Mansion! Imagine finding a treasure of immense worth that has been hidden for decades and forgotten by the world. Such is this mysterious “grand lady” standing before you, who, like Grizzabella in “Cats”, is ready for a new life. Unlike the ragtag cat, however, this 1896 mansion is in beautiful condition maintaining most of its gorgeous features including gleaming hardwood floors, custom-carved paneling, high, coffered and open-beam ceilings, six exquisite fireplaces, breathtaking leaded-glass windows and doors plus huge pocket doors built to match the rooms they separate. These are immense spaces waiting to entertain huge parties. Its utilities, bathrooms, kitchen, etc. are maintained and updated. Plus, the century-old adornments have not aged much. Originally over five acres of gardens, woodland, pool with waterfall, spa, and lawns extending to a rocky bluff overlooking Long Island Sound, the home’s setting remains serene and romantic with 1. 34-acres encompassing all the key elements. The home has seven bedrooms, seven baths, one powder room, and a renovated kitchen with high-end finishes and appliances. The estate’s early history has recently been discovered. In 1897, Henry W. J. Bucknall, bought the Glen Cove five-acre estate. Bucknall had been raised in Portugal and Spain, schooled in his native England, where he was football captain, and learned to appreciate history and the arts. His family was in the cork business, growing and selling bottle corks, etc. He moved to New York and became very successful importing cork. He married in 1894 and bought his new estate naming it “Leahead” after an ancestral home in England. He was one of the first to settle in a new wealthy neighborhood, “Red Spring Colony, ” in Glen Cove where successful businessmen soon followed. His property included a gatehouse and a carriage house, but over the years they were sold off along with much of the property. Something happened that caused the house to lose its entire second floor and turret. The cause is unknown. The third floor remains today with two generous bedrooms that share a full bath. The remaining roof is mostly flat and has an added huge skylight over the first-floor reception hall, which is the center of the home. It is entered from the foyer (with its entry into the breathtaking banquet hall with barrel ceiling, massive limestone fireplace, and French doors to a patio) and leads into a huge living room with fireplace and large bay window and door opening to another patio with water views. An arched staircase leads to a balcony library and down to the butler’s pantry. French doors open to the first-floor primary suite offering many closets, a primary bath, and sitting room with impressive ornate fireplace and French doors to a patio. An adjoining bedroom has a bath and closets. The service wing of the first floor holds a walk-in pantry, laundry room, Butler’s pantry, and steps down into the eat-in kitchen with breakfast nook and access to a deck. The gourmet kitchen offers extensive cabinetry, granite counters and backsplash, a built-in stainless-steel high-end gas stovetop, double oven, microwave, dishwasher, oversized refrigerator, hood, huge double sink, and under-cabinet lighting. A wide door opens to the oak paneled banquet hall. Two bedrooms with baths complete the first floor. Not counting the huge basement with staff quarters and immense storage space, this amazing 7, 594-square-foot-home is ready for you to make into your dream estate and live happily ever after. Energy Star home - Sophisticated computer controlled central heating / cooling system. View 3D Tour and Floor Plan.

Features

  • Rooms: 12
  • Bedrooms: 6
  • Baths: 7 full / 1 half
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Estate
  • Year Built: 1896
  • Heating: Baseboard, Ducts, Heat Pump, Hot Water, Oil, Passive Solar, Propane, Steam, Other
  • Cooling: Attic Fan, Central Air, Ductless, Ductwork, ENERGY STAR Qualified Equipment
  • Basement: Full, Partially Finished, Storage Space, Walk-Out Access
  • Approx Sq. Feet: 7,594
  • Acreage: 1.34
  • Est. Taxes: $45,647
  • HOA Fee: $400 Annually
  • Lot Desc: Back Yard, Garden, Landscaped, Level, Near Golf Course, Near School, Near Shops, Part Wooded, Private, Secluded, Sprinklers In Rear, Views, Waterfront
  • View: Open, Water
  • Water Front: Yes
  • Elem. School: Deasy School
  • Middle School: Robert M Finley Middle School
  • High School: Glen Cove High School
  • School District: Glen Cove
  • Pool: Electric Heat, Fenced, In Ground, Outdoor Pool, Pool/Spa Combo
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Oil Water Heater
  • MLS#: 864320
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/864320/5cedarlane_glencove_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.Listing courtesy of Douglas Elliman Real Estate   Phone: 516-759-0400

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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

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5 Cedar Lane, Glen Cove, NY, 11542

$3,999,000

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 $3,199,200 $3,199,200 $3,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.750% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.712% 6.865% 6.435%
Monthly Tax Payment $3,804 $3,804 $3,804
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,670 $20,750 $27,431
Total Monthly Payment $22,599 $24,679 $31,360

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.