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$510K In Sag Harbor: A Two-Bedroom On .29 Acres In Azurest

Where: 61 Walker Avenue, Sag Harbor
Sale Price: $510,000
Sale Date: April 16th, 2012
Bedrooms/Baths/Sq. Ft.: 2/2/1200
Acreage: .29
The Skinny: Located in one of Sag Harbor's historically black communities?Azurest?this "Zen-like structure" recently changed hands after a little more than a year on the market. The two-bedroom "Zen-like structure" offers an open floor plan, skylights over the kitchen and bathrooms, extra tall windows that complement some of the the home's extra-height ceilings, and a working wood burning stove. Besides a sense of history that dates back to the 1930s, the home also shares "a deeded private beach of white sand and clear water with mooring rights." Though finding a buyer required shaving almost 30% from the original $715K ask, it looks like the seller still did pretty well. They originally purchased the place for $144K.

· Listing: 61 Walker Avenue [Prudential Douglas Elliman]
· Black Hamptons Enclaves Caught Between Change And Tradition [Huffington Post]