Two Montauk cottages with renovation potential seeking $1.995M

Why own just one tiny East End home when you can own two? These cottages at 7 & 15 Upper Firestone Road in Montauk have just landed on the market together for $1,995,000 and separately for $999,000 each.

Sited on a combined half-acre of land, the property has distant views of Fort Pond Bay and is located just quarter-mile away from the iconic Montauket.

The two cottages need some work inside, but after the renovations, these compact residences would be perfect to make some money off by renting them out in the summer or for the year-round season.

Both were built in 1930.

The 7 Upper Firestone Road address is 700 square feet in size with just one bedroom and one bathroom on 0.24 acres of land. The home features an open floorplan, laundry facilities, and an outdoor shower.

We love the wood beams and exposed brick in the living room. And while the kitchen probably needs a total gut, it’s actually a great size considering the limited square footage and available space this shingled cottage offers.

At the 15 address, a slightly larger 750-square-foot shingled cottage can be found. Inside, there are two bedrooms and one bathroom. Similar to the other cottage, it has an open floorplan and a good sized kitchen.

This cottage also has solar panels and a large basement that could be finished for additional storage or living space.

Corcoran Group’s Rich Dec represents the listing.

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• 7 & 15 Upper Firestone Road [Corcoran]