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Saving Grace

An attractive cedar shake colonial in the exclusive Grace Estate compound is now available for $2.1 million. The home might be off the beaten trail, but there are perks to living north of the highway. Like the availability of land! This home has 3.7 acres of the good stuff and overlooks a reserve. Can't beat that. And the home's also a few paces from the centerpiece of this year's East Hampton Holiday House Tour. What a happening hood. [Corcoran]