$8,250,000
SOLD MAY 1, 2025

46 Palmer Terrace Sag Harbor, NY 11963

5 Beds
6 Baths
1,209 Sq Ft
0.89 Acres

Recently Sold

$6,824 Per Sq Ft

8% Below List Price

176 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • 2 Fireplaces
  • Craftsman Architecture
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of May 2025

Historic charm and modern comfort blend flawlessly in this serene Sag Harbor Village property following a multiyear renovation and expansion. Sited on nearly one acre, this magnificent hilltop property offers a gracious welcome with its deep wraparound front porch and rolling front lawn. Inside, the bright living room, centered around the original fireplace, and dining room respect the traditional character of the home, but seamlessly integrate a modern sensibility with an open flow to the stunning gourmet kitchen. The kitchen will satisfy the most discerning chef, and features custom cabinetry, high-end appliances, two sinks, two dishwashers, and a separate butler's pantry. Unwind in the luxurious primary suite, complete with a gas fireplace, barrel-vaulted ceiling, walk-in closets, and a spa-like marble bathroom. A guest bedroom, separate den, full bathroom, half bathroom, and large screened-in porch complete the first level. Upstairs, there are two additional guest bedrooms with en-suite bathrooms, a second den that can convert to a bedroom, and a laundry room. The walk-out lower level features 10' ceilings and can be used as a media room or gym, and includes a second laundry space and approvals for an additional bedroom and pre-plumbed full bathroom. Outside, a serene oasis enveloped by lush landscaping includes a heated gunite saltwater pool, stone patio with a fire feature, built-in grill, outdoor shower, and separate pool house with a half bathroom. A separate two-car garage is located at the back of the property with easy proximity to a side entrance to the home. Experience the vibrant Sag Harbor lifestyle, with easy access to world-class dining, shopping, marinas, and cultural attractions.

Last Agent to Sell the Property

James Buttry

Douglas Elliman Real Estate Brokerage Phone: 631-283-4343 License #10301207041 Listed on: 09/02/2024

Douglas Elliman Real Estate

Co-Listed By

Noble Black

Douglas Elliman Real Estate Brokerage Phone: 631-283-4343 License #10301222721

Last Buyer's Agent

Non Non OneKey Agent

Non-Member MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,941

Year Built

  • Built in 1910 | Remodeled in 2024

Lot Details

  • 0.89 Acre Lot
  • Front and Back Yard Sprinklers

Parking

  • Detached Garage

Home Design

  • Craftsman Architecture
  • Stucco

Interior Spaces

  • Cathedral Ceiling
  • 2 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom

Outdoor Features

  • In Ground Pool
  • Outbuilding

Schools

  • Sag Harbor Elementary School
  • Pierson Middle/High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 48 / 1
  • Assessor Parcel Number 0903-006-00-01-00-048-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,941

Year Built

Built in 1910 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Craftsman
  • Property SubType: Single Family Residence
  • Year Built: 1910
  • Year Built Effective: 2024
  • Attribution Contact: 631-283-4343
  • Co List Office Mls Id: KEYDERE47
  • Co List Office Phone: 631-725-0200
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer, Master Downstairs, Pantry, Formal Dining, First Floor Bedroom, Primary Bathroom
  • Fireplaces: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: See Remarks, Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Basement YN: No
  • ResoLivingAreaSource: Other

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Stucco
  • Pool Features: In Ground
  • Pool Private: No
  • Spa: No
  • Foundation Details: Pillar/Post/Pier

Garage/Parking

  • Garage: Yes
  • Parking Description: Detached, Garage, Private

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Security: Security System
  • Sewer: Cesspool
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Pierson Middle/High School

Lot Info

  • Lot Dimensions: .89
  • Lot Size Sq Ft: 38895
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Parcel Number: 0903-006-00-01-00-048-000
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 27941
  • Tax Block: 1
  • Tax Lot: 48

MLS Schools

  • Elementary School: Sag Harbor Elementary School
  • High School: Pierson Middle/High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2024
Closed on
May 1, 2025
Sold by
Croncota Peter
Bought by
Meister David and Meister Lotte
Seller's Agent
James Buttry
Douglas Elliman Real Estate
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$8,995,000
Sold Price
$8,250,000
Premium/Discount to List
-$745,000
-8.28%
Views
39
Current Estimated Value
$8,438,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,672
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
May 30, 2017
Sold by
Jaroszewicz Anne
Bought by
Voelker Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $8,250,000 None Available
Bargain Sale Deed $2,685,000 None Available
Bargain Sale Deed $2,685,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Second Mortgage Made To Cover Down Payment
Previous Owner $1,650,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Unknown
Previous Owner $1,000,000 Unknown
Previous Owner $27,835 Unknown
Previous Owner $20,000 Unknown
Previous Owner $50,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $8,250,000 -8.3% $6,824 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
09/02/2024 09/02/24 For Sale $8,995,000 -- $7,440 / Sq Ft
Source: OneKey® 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 $14,780 $5,321,200 $1,601,400 $3,719,800
2023 $22,249 $3,382,100 $1,601,400 $1,780,700
2022 $6,387 $2,352,100 $1,601,400 $750,700
2021 $7,941 $2,906,400 $1,601,400 $1,305,000
2020 $15,575 $2,906,400 $1,601,400 $1,305,000
2019 $23,237 $0 $0 $0
2018 -- $2,647,300 $1,601,400 $1,045,900
2017 $7,622 $1,326,600 $1,143,900 $182,700
2016 $7,134 $1,193,900 $1,029,500 $164,400
2015 -- $1,193,900 $1,029,500 $164,400
2014 -- $1,193,900 $1,029,500 $164,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3575795

OneKey® MLS

APN: 0903-006-00-01-00-048-000