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$1.8M In Amagansett: A Three Bedroom Cottage With A Pool

Where: 63 Wyandanch Lane, Amagansett
Price: $1,800,000
Sale Date: January 31, 2012
Bedrooms/Baths/Sq. Ft.: 3/2/1260
Acreage: .14
The Skinny: Unlike another Amagansett property we recently featured, the updates to this Beach Hampton cottage still left the seller with enough room for a tidy little profit. After purchasing the place for $1.195 in 2009 and renovating (including the installation of a gunite pool), they were able to find a buyer for less than 10% off the original $1.925M ask. Looks like a nice little flip and a solid purchase. Thoughts? · Listing: 63 Wyandanch Lane [Corcoran]