Estimated payment $12,124/month
Highlights
- Open Floorplan
- Deck
- 1 Fireplace
- East Hampton Middle School Rated A-
- Wood Flooring
- Cottage
About This Home
Nestled in the heart of East Hampton, this exceptional 1.14-acre property presents a unique and coveted opportunity, mere moments from the serene shores of Sammy's Beach. Envision crafting your custom Hamptons retreat on a sprawling parcel that promises the space to bring a grand vision to life-a luxurious 7,400 +/- sq. ft. home, complete with a sparkling pool and a rare, grandfathered-in artist's studio. The allure of constructing a new home here cannot be overstated, with the potential to feature expansive living spaces in an enviable location, poised to become a pinnacle of luxury living. The option to change the property's address to the prestigious Milina Drive adds to its charm and exclusivity. The inclusion of a grandfathered-in freestanding artist's studio presents an unparalleled opportunity to create a secluded workspace or a chic home office, making this offering even more distinctive in the Hamptons real estate market. The existing cottage on the property is a gem in its own right, with beautiful hardwood floors, a cozy wood-burning fireplace, and premium appliances-offering a comfortable haven while your dream home is being realized. This property is a canvas for your imagination, offering endless possibilities to create a sanctuary of sophistication and tranquility near the water. Whether you're dreaming of lavish garden soirees by the pool or peaceful mornings in your artist's studio, this rare find in East Hampton is a promising investment in luxury, lifestyle, and legacy. Seize the opportunity to craft your legacy in a neighborhood that epitomizes the pinnacle of Hamptons living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,991
Year Built
- Built in 1958
Lot Details
- 1.14 Acre Lot
Home Design
- Cottage
- Frame Construction
- Wood Siding
Interior Spaces
- 1,500 Sq Ft Home
- 1-Story Property
- Open Floorplan
- 1 Fireplace
- Living Room
- Wood Flooring
- Crawl Space
Kitchen
- Oven
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Office or Studio
Utilities
- Baseboard Heating
- Heating System Uses Oil
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,547 | $6,175 | $1,200 | $4,975 |
| 2023 | $3,274 | $6,175 | $1,200 | $4,975 |
| 2022 | $5,608 | $6,175 | $1,200 | $4,975 |
| 2021 | $5,608 | $6,175 | $1,200 | $4,975 |
| 2020 | $5,893 | $6,175 | $1,200 | $4,975 |
| 2019 | $5,893 | $0 | $0 | $0 |
| 2018 | $5,718 | $6,175 | $1,200 | $4,975 |
| 2017 | $5,718 | $6,175 | $1,200 | $4,975 |
| 2016 | $5,650 | $6,175 | $1,200 | $4,975 |
| 2015 | -- | $6,175 | $1,200 | $4,975 |
| 2014 | -- | $6,175 | $1,200 | $4,975 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2024 09/04/24 | Price Changed | $2,150,000 | -12.2% | $1,433 / Sq Ft |
| 06/21/2024 06/21/24 | Price Changed | $2,450,000 | -5.8% | $1,633 / Sq Ft |
| 04/10/2024 04/10/24 | For Sale | $2,600,000 | -- | $1,733 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $157,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $510,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $3,224 | New Conventional |
Source: NY State MLS
MLS Number: 11267616
APN: 0300-055-00-02-00-001-001
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