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Big Reveal: How Much for a Tiny Cottage on Shelter Island?

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Address: 47G South Ferry Road, Shelter Island
Price: $1,700,000
Located next to the Mashomack Preserve on Coecles Harbor, the property here is obviously all about the land value. (Maybe the new owners can use the current cottage as a shed…) Still, we were surprised at the price, and so were you readers, as $1M was the most common answer.
· Water Front Beach Cottage [Corcoran]
· How Much for a Tiny Cottage on Shelter Island? [CH]