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Sweet Sag Harbor Cottage on Little Long Pond

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This cute, old-fashioned 800sf cottage, asking price $999K, would be a perfect getaway for someone who likes fishing or kayaking. There's one bedroom and 1.5 baths, but there's also plenty of room to expand, with 0.43 acres of land, and plans are included. (Sadly, the pictures aren't the greatest with this listing.) What do you think of the price? The property last sold in 2007 for $775K.
· Sag Harbor, NY [Elliman]