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$9.5M Dune Road Compound Can Take Cues from Its Neighbor

Recently listed with Corcoran for $9.5 million is this 1.5-acre swath of oceanfront land on Dune Road. As it stands, the property comes with two cottages (shown left), 128' of ocean frontage, and a 17,000-square-foot building envelope. Cue the broker babble! This property is a world of opportunity. Interestingly enough, if prospective buyers need inspiration, they only need to look next door. Sitting just west of the cottages is a 2+ acre plot of land that's priced at $8.995 million. The property has a little bit more space, but it's already been approved for a fancy 10,000-square-foot shingled colonial (shown right). And why not take a cue from your neighbor?
· Listing: 232 Dune Road [Corcoran]
· Listing: 226 Dune Road [Prudential]