Sag Harbor tiny home from 1928 cuts asking price down to $649K

Real estate in the Hamptons is known for its extravagance and grandiosity. So when we find a home that’s not only smaller than the stereotypical Hamptons home, but also under 1,000-square-feet, we just have to talk about it.

At a corner lot on Oak Road in Sag Harbor sits an 850-square-foot Noyac beach cottage with just two bedrooms and one bathroom.

The home was listed for sale back in June 2014 for $599,000 before being taken off the market in January 2015. Just this past May, the home went back up for sale with listing agent Richard Finder of Douglas Elliman Real Estate for $699,000. Last week, the home got its first price cut since being on the market this time around, now asking $649,000.

That comes down to $763 per square foot—which isn’t too bad for the Hamptons.

There are two structures on the 0.11-acre property: a main house built in 1928, and a detached garage. The main house has exposed cherry wood beams, a gas fireplace, and new central air and heat. Outside, there’s an outdoor shower and patio.

Unfortunately the home doesn’t have water views despite being so close to the water—but according to the listing, if the new owners were to build a second story then water views would be possible.

There are definitely some updates that could be done here. The floor in the living and dining space is a tad and the kitchen could use a revamp. And with the lot size being so small, it could be hard to expand or put a pool in.

But for being this close to the water, $649,000 doesn’t sound like too bad of a deal.

• 15 Oak Road [Douglas Elliman]