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90 Wyandanch Sold for $12.5M Two Years Ago; Now It's $24M

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Two years ago exactly, this property sold for $12.5M after a year on the market. While it's an impressive place, with 4.9 acres of land, 400' of waterfront on Old Towne Pond, and multiple dwellings, the owners obviously feel it's now worth double what they paid for it. Seriously? Without putting any money into it? Even the photos of the listing (all outdoors) are the same as they were two years ago.

The estate comprises four buildings: "a charming two-story gate house converted into a seven-room home, a barn renovated into a four-bedroom house, and a stable converted into a three-bedroom guest house." But they may all be goners; as before, the listing notes "this property offers the opportunity to create an unparalleled compound, with permits in place." There are beautiful old trees, a gunite pool, and a tennis court, all close to the ocean. We'll be interested to see what the property sells for this time.
· Wonderful Wyandanch 5 Acres Pondfront [Sotheby's]
· Southampton's 90 Wyandanch Lane Goes For $12.5M [CH]