NOT LISTED FOR SALE

Estimated Value: $973,402 - $10,085,000

6 Beds
8.5 Baths
7,178 Sq Ft
$675/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $7,850,000 $1,094 Per Sq Ft

Current estimated payment $14,561/month

757 Days on Market

Highlights

  • Pool House
  • 1.73 Acre Lot
  • Deck
  • East Hampton Middle School Rated A-
  • Open Floorplan
  • Property is near public transit

About This Home

As of September 2023

Cedar Farm is a forward-looking project by Young Developments in collaboration with Oza Sabbeth Architects, constructed by Modern Green Home. From design inception, the guiding principle of this project was to deliver luxury lifestyle and amenities, while providing all the benefits of an environmentally sensitive design, construction, and operation. This future-ready modern starts with immediate proximity to the best of year-round East Hampton Village amenities and ocean beaches, while providing unrivaled seclusion and privacy on nearly 2 fully cleared acres surrounded by mature landscaping. The design and positioning of the structures on the expansive property take advantage of the arc of the sun for natural light and maximize solar gain for the 22.4kw solar power system. Numerous other design aspects such as highly Insulated walls, roof and windows, energy efficient appliances and LED lighting, air to air heat exchange, on-demand water heating all coupled with a geothermal heating and cooling system, greatly reduce operating expenses and create a state-of-the-art environmentally friendly home. Materials and finishes have also been carefully selected to provide the smallest possible footprint on the natural world. In response to our disposable culture, this home is built to last. Aware of harmful chemicals in construction, this home is designed not only to be comfortable and easy to live in, but to enhance the health of its occupants by optimizing indoor air quality with the use of non-toxic materials. The care and thoughtfulness that goes into these details doesn't stop with the environmental and energy aspects of this project. This truly modern home delivers a residence of the highest standards, building on the intelligence of years of experience in design and construction. A unique residence that is beautiful, comfortable, and functional now - and for many years to come; Cedar Farm will generate more energy than it will consume. Redefining modern luxury by incorporating mindful design and construction, Cedar Farm delivers the ultimate in luxury living for this generation, without diminishing the opportunities of the next.

Last Agent to Sell the Property

Krae Van Sickle

Saunders & Associates Listed on: 07/30/2021

Saunders & Associates

Co-Listed By

Lylla Carter

Saunders & Associates

Last Buyer's Agent

Non-Member Agent

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,662

Year Built

  • Built in 2023

Lot Details

  • 1.73 Acre Lot
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 7,178 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • 2 Fireplaces
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Pool House
  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Solar Pool Equipment

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Additional Features

  • Solar Heating System
  • Central Air

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,662

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Percent Basement Finished: Yes
  • ExteriorDeck: Yes
  • ExteriorFence: Yes
  • ExteriorPatio: Yes
  • FloorHardwood: Yes
  • HasCentralAC: Yes
  • HeatFuelSolar: Yes
  • InteriorAmps: 0
  • KitchenCounterType: 600
  • LastPriceValue: 8.495E6
  • Lot Size Acres: 1.73
  • NearBus: Yes
  • NearTrain: Yes
  • Number Of Stories: 2
  • OutbuildingPoolHouse: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PoolGunite: Yes
  • PoolHeated: Yes
  • PoolInground: Yes
  • PoolSaltWater: Yes
  • PoolSolar: Yes
  • PropertyCity: East Hampton
  • Property Class: 210
  • PropertyTownship: East Hampton
  • Prop. Type: Residential
  • PropertyZipCode: 11937
  • RoofAsphalt: Yes
  • RoofMetal: Yes
  • Dining Room: Yes
  • En Suite Room: Yes
  • Foyer: Yes
  • Kitchen: Yes
  • Primary Bedroom: Yes
  • Walk In Closet: Yes
  • SForSaleAndRForRental: S
  • SidingWood: Yes
  • USStateAbbreviation: NY
  • WaterSourceType: Municipal
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • ApplianceDishwasher: Yes
  • ApplianceDryer: Yes
  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • ApplianceStainlessSteel: Yes
  • ApplianceWasher: Yes
  • Basement Type: Full
  • Kitchen Type: Open
  • Fireplaces: 2
  • Number of Rooms: 12
  • Rec Room Den: Yes
  • Living Room: Yes
  • AboveArea Sq Ft: 7178

Exterior Features

  • Pool/Spa: Yes

Garage/Parking

  • Garage Type: Attached
  • Numberof Garage Spaces: 2

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • Units in Building: 0

Schools

  • School District: East Hampton
  • School District: East Hampton

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 6
  • Total Taxes: 7662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 14, 2023
Sold by
26 Cedar Llc
Bought by
Cedar Farm Llc
Seller's Agent
Krae Van Sickle
Saunders & Associates
Buyer's Agent
Non-Member Agent
Non-Member Office
List Price
$8,995,000
Sold Price
$7,850,000
Premium/Discount to List
-$1,145,000
-12.73%
Views
496
Current Estimated Value
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,650,000
Avg. Annual Appreciation
-39.42%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cedar Farm Llc $7,850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 26 Cedar Llc $1,000,000
Previous Owner 26 Cedar Llc $2,550,000
Previous Owner 26 Cedar Llc $750,000
Previous Owner Marrale Michael $1,032,000
Previous Owner Odonnell Diane R $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $7,850,000 0.0% $1,094 / Sq Ft
08/27/2023 08/27/23 Off Market $7,850,000 -- --
07/25/2023 07/25/23 Price Changed $7,995,000 -5.9% $1,114 / Sq Ft
05/31/2023 05/31/23 Price Changed $8,495,000 -1.8% $1,183 / Sq Ft
05/15/2023 05/15/23 Price Changed $8,650,000 -3.8% $1,205 / Sq Ft
03/26/2023 03/26/23 Price Changed $8,995,000 0.0% $1,253 / Sq Ft
03/26/2023 03/26/23 For Sale $8,995,000 +14.6% $1,253 / Sq Ft
02/15/2023 02/15/23 Off Market $7,850,000 -- --
07/30/2021 07/30/21 For Sale $7,495,000 -- $1,044 / Sq Ft
Source: NY State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $28,638 $26,825 $925 $25,900
2023 $14,319 $26,825 $925 $25,900
2022 $7,936 $8,625 $925 $7,700
2021 $7,936 $8,625 $925 $7,700
2020 $8,305 $8,625 $925 $7,700
2019 $8,305 $0 $0 $0
2018 $7,936 $8,625 $925 $7,700
2017 $8,077 $8,625 $925 $7,700
2016 $7,982 $8,625 $925 $7,700
2015 -- $8,625 $925 $7,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NY State MLS

MLS Number: 11014464

NY State MLS

APN: 0300-163-00-06-00-013-005