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Real Estate Sold

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Proof that the market ain't all bad: A south of the highway cottage in Sagaponack just sold for $3.650 milliononly $200,000 under its asking price. The 1.1 acre property offers glimpses of the ocean, field views, and a self-sufficient guest house. For sources of inspiration, the new owners might turn to a 6,500-square-foot spec house, which is listed for $7.995 million and located right down the street. Something to aspire to...just saying! [StreetEasy]