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Southampton Village Project House and Barn for $4.4M

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Good potential

Looking for an interesting project south of the highway in Southampton? This property offers 1.4 acres of land, which includes a five bedroom farmhouse, the original newly renovated barn, a new gunite pool and pool house. The main house is obviously in need of some renovation; plans and an architectural model to extend the house on both sides, out to the barn, are included in the sale, or the property can be used as is. The barn could be used as recreational or entertaining space or as an artist's studio. The house is currently five bedrooms and five baths. As for the price, hard to say: this is a unique property. It sold last summer for $2.7M, but plenty of money has been spent since then building the pool and pool house, renovating the barn, and getting architectural plans. Worth it?