Most homes in the village of Sag Harbor aren't set on vast tracts of land, but this residence is particularly short on acreage?according to Zillow, the parcel is only .1 acres. We were surprised that construction was even allowed on such a small space, but a call to Sag Harbor's building department assured us that as long as the setbacks are met, there's no minimum requirement for lot size.
Even though everything is up to code, it's easy to understand why this hasn't been able to find a buyer in almost two years. As nice as the three-bedroom looks to be, the combination of acreage and the current ask make it a hard sell. The price has been chopped a few times already, but it seems like another might be in order. Thoughts?
· Listing: 42 Jermain Avenue [Corcoran]