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A Pricechopped Property in Amagansett Finds an Owner

940 Montauk Highway, Amagansett
940 Montauk Highway, Amagansett

When this property first hit the market, more than a year ago, we liked it. Sleek modern styling with walls of glass. Location the hot Amagansett Dunes. All new and high end. The house is even LEED Gold certified, so it's very energy efficient. So why didn't anyone want to buy it? It suffered numerous pricechops, finally selling for $2.85M, more than a million dollars below the initial ask.

The problems went further than the address, 940 Montauk Highway. A commenter wrote last October, "Actually looked at this place. Two words: train wreck. Bad location. Really bad. Constant highway noise, and it's a "trek" not a "walk" to the beach -- you'll need sherpas to carry your beach paraphernalia. Love modern but this is an almost unworkable design with so many issues I don't even know where to start. Well, maybe starting with the fact that the whole thing sits on top of some kind of man-made mesa with unprotected sides high enough that you'd always be wondering whether your child, elderly parent or, more likely, some drunken guest might tumble off the side and never be seen again. And the construction quality? Shoddy. Already needs many visible exterior repairs. I could go on..."

Of course, that's just one anonymous commenter's opinion. Good luck to the new owners.

· Amagansett Dunes - Eco-conscious European Style [Saunders]
· Clean Modern Style Pricechopped Again [CH]