Is this $4.35M Property in Bridgehampton a Teardown?

This 4 bed 4 bath 2,400sf ranch in Bridgehampton South is set on .68 acres with a pretty good location. It's not on the water, but Ocean Road is nothing to balk at. On the market for $4.35M, we don't think there's enough land to justify a massive teardown, but the place could benefit from some updates. The small galley style kitchen and brick-floored dining room don't exactly scream modern. However, residing across the street from the Bridgehampton Golf Club and heated pool might be enough to attract a buyer. Is this place priced correctly?

· Ocean Road in Bridgehampton [Saunders]