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A Two Bedroom Cottage In The Springs For $350K

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We're pretty sure that this 1000 sq. ft. residence in The Springs is the most inexpensive "Hamptons" property we've featured on this site. Unseating the prior champ, the two-bedroom on Springs Fireplace Road isn't going to win any design awards, but it does look to be in reasonably good shape for the price.

Described in the listing as "neat as a pin", the home is set on .25 acres and offers the modest amenities one might expect from a listing so far south of $400K: a full basement for extra storage, open kitchen (which looks like it could benefit from a renovation) and a sliding glass door that opens onto a large deck.

It first hit the market almost three years ago with a still-modest ask of $415K, but three pricechops have lowered the pricetag to where it is now. Still too high or can we expect to see a for sale sign in the near future?

· Listing: 421 Springs Fireplace Rd. [Corcoran]