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East Hampton Village Fringe New-Build is Yours for $4.25M

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16 Palma Terrace East Hampton
16 Palma Terrace East Hampton

There's a lot to like about this new construction: it's a blend of modern and trad inside and out, with an attractive kitchen, indoor and outdoor fireplaces, five ensuite bedrooms (two powder rooms), and a finished lower level. But some things are holding it back, as it's been on the market for months now, recently having the price chopped $245K: no poolhouse or garage. That modern staircase, which is open-tread, looks dangerous with little kids. And the finished basement is left open, meaning that the new owner has to add their own home theater, wine room, whatever. In all, there's 5200sf set on 0.36 of an acre, which is fairly standard size for the area.

· East Hampton Village Fringe [Halstead]