What $5M buys you south of the highway in Southampton

Welcome to Curbed Comparisons, a column that explores what one can buy or rent in the Hamptons for a certain price.

Though not every property south of the highway is necessarily oceanfront or even has an ocean view, in the Hamptons being on the ocean side of Route 27 means something. That is, it means higher price tags and no need to cross major traffic just to have a beach day.

Though homes on the ocean side of Southampton can often ask over the $10 million mark, we’re giving ourselves a challenge. Today, we’re looking at what a mere $5 million will get you south of the highway.

54 Lee Avenue

The first home that we’re featuring today is right at $4,995,000. In 5,000 square feet on 0.7 acres of land, the home has four bedrooms and five and a half bathrooms. The home features a foyer, mill and trim work, an open floor plan in the living space, and two fireplaces with floor-to-ceiling stone. Outside, there is a heated gunite pool and pool house.

The home was listed for sale in 2015—the same year that the home was finished being built—for $7,495,000, but it has come down in asking price since. The property was last sold in 2013 for $1.6 million.

Of the homes featured, this is located the furthest walk from the beach. It would take a little more than a half hour to walk from this property to Halsey Neck Beach, over a distance of about 1.7 miles.

14 Old Town Crossing

Also asking $4,995,000, this home is a bit smaller, with 3,500 square feet of living space, four bedrooms, and four and a half bathrooms. The lot size is also smaller, at 0.34 acres. Built in 1991, the home features a formal dining room, wide plank white oak custom stained floors, limestone entry hall floors, a heated gunite pool, spa, one-car garage, and a pool house with a full bathroom, kitchenette, and dressing area.

The home was last sold in 2004 for $1,275,000. It went on the market in 2015 for $5,995,000 and has come down by $1 million in asking price since.

Located 0.7 miles from the beach, it would take about 15 minutes to walk to the ocean.

37 Pond Lane

Corcoran

Finally, the least expensive home that we’re featuring is $4,695,000. Though it’s not the largest home, at 3,500 square feet, it is the oldest home, built in 1850 and has been completely renovated since. There are six bedrooms and five and a half bathrooms. The lot is 0.42 acres in size.

Outside, there is a heated gunite pool with a waterfall, bluestone patios, rose gardens, and a pool house with a full bathroom.

The home is about a 30-minute walk from Cryder Beach, or about 1.4 miles.

• 54 Lee Avenue [Douglas Elliman]
• 14 Old Town Crossing [Douglas Elliman]
• 37 Pond Lane [Corcoran]