Sag Harbor waterfront home gets over $1M cut from price tag

Two years ago, Curbed featured the home at 78 Noyac Bay Avenue in Sag Harbor. At the time, it was on the market for $13.9 million, though the price was deemed too ambitious, with the claim that $10 million would be a more appropriate price for the listing.

The home is getting closer to that price tag.

According to public record, the home was most recently listed three months ago at $12.95 million with Saunders, whereas two years ago it was listed for sale with Sotheby’s.

Just last week, the home got a $1.2 million cut from the asking price, leaving the current price tag at $11.75 million.

The home is also available to rent through Sotheby’s, but like any home for rent in the Hamptons, it’s not cheap. For the whole season, the home will cost $240,000. For just July to Labor Day, it’s marginally less, at $195,000.

For just a month at a time, the best time to rent is June, where the home will be $50,000. After that, July is $95,000. And of course, the most expensive month is from August to Labor Day at $110,000.

The home was built in 1998 and sits 4,800-square-feet on a 1.47-acre lot, designed by Brian Healey Architects and built by Rick Zitz. It features five bedrooms and four full bathrooms.

The open floor plan allows for easy flow from the living spaces to the dining spaces. The home features high ceilings and lots of natural light pouring through walls of glass.

Sitting waterfront, the home has a deck with a pool and spa. So homeowners (or renters) will be able to enjoy water views from the pool, or directly on the beach.

The current owner has plans to put in a bocce court, which is perfect for the approaching summer. The owner also has plans in the works to put in an addition on the second master suite.

• Gorgeous Modern Waterfront on Noyack Bay for $13.9M [CH]
• 78 Noyack Bay Avenue [Saunders]
• 78 Noyac Bay Avenue [Sotheby’s]