If you love the Montauk Yacht Club, but are itching for something a bit more permanent, then feast your eyes on this chunk of land that just hit the market. The property sits right next door to the resort and marina, and spans about 9 acres of waterfront land. And guess what! The swath of land has already been sliced and diced into three contiguous lots, which can be purchased separately for $2.995 million a pop. The listing's silent on whether a commercial use is feasible, but given the property's esteemed neighbors and unique Star Island location, we'd have to assume that the sky's the limit.
· Listing: Lake Front [Saunders]