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Located just a 3-minute walk from the ocean at Georgica Beach, this East Hampton fixer-upper has just reduced its asking price and is now listed for $5.75 million.
When it came on the market a year ago, it was asking $6.95 million before cutting the asking price in June down to $6.2 million. After another change in price earlier this week, it’s now the lowest it’s been since becoming available for sale.
Sited on a flag lot, the property includes a 2,000-square-foot shingled cottage built in 1970 with four bedrooms, three and a half bathrooms, hardwood and brick floors, and second-story ocean views. According to the listing, the property could accommodate a structure up to 3,680 square feet in size, so those looking to build a mansion won’t have the space to do so, but it’s a great location for a beachside Hamptons retreat.
At 121 Apaquogue Road, the property is conveniently surrounded by reserve on two sides, so the new owners will be afforded privacy as well.
Zillow estimates that the 0.6-acre property is worth about $5.9 million, but what do our readers think?
Kathleen Mulcahy and Peter Turino from Brown Harris Stevens represent the listing.
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- 121 Apaquogue Road [Brown Harris Stevens]
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