A Water Mill House in a Great Location South of the Highway

This 4000sf house is set on one acre adjacent to 34 acres of open land, and across the street is 17 acres of preserved farmland. Of course there's a pool and patio in the rear. The house itself is a bit frumpy and in need of some updates to the kitchens and baths, but is basically fine as is, with high beamed ceilings and two masonry fireplaces. There are five bedrooms and four baths in all. Alternatively, of course, a buyer could bulldoze the whole thing and start over. The property has been on the market for a while, but was recently pricechopped to $3.6995M, which we think makes it pretty reasonable.

· 81 Davids Lane Water Mill [Elliman]