After receiving only its third price chop since hitting the market in 2005, this "charming little 3 bedroom two bath cottage" finally joined our illustrious Under $1M club at the beginning of this month. The ask is now $999K (the inverse of the beast).
Though the 1300 sq. ft. cape-style house is newly renovated and isn't without its share of features?the most notable being a "huge deck" overlooking an expansive back yard?this is a strong candidate for teardownsville. The parcel is close to an acre and it's located "down a long private drive off of one of the most prestigious lanes in Bridgehampton." A lane that just happens to be south of the highway. Not exactly Further Lane, but still a nice place to build.
· Listing: 329 Newlight Lane [Corcoran]