Sited on a quarter-acre of land, the compact 900-square-foot house offers just two bedrooms and one bathroom. Originally built in 1975, the house needs some work, but we think that it has a lot of potential.
According to the Surfside Inn’s website, the building was a hotel and restaurant called Surf & Sand and the Anzac House before it was purchased by the current owner in the 1980s.
This week, $14.55 million came off the asking price, and it’s come down more than $28 million in total since Cavett listing the property a year and a half ago.
Some work will need to be done to bring the house up to date, and it may be a bit small for some people’s taste, but the 0.69-acre property is in a desirable south-of-the-highway Hither Hills location.
Originally listed for $1.9M back in May of 2018, the shingled house saw just one price cut during its time available for sale. In August, the asking price went down to $1.7M, which is what it was most recently listed for when a contract was signed.
At the very end of October, the stylish shingled house came on the market for $1,175,000 with Corcoran Group agents Michael Lynch and Betsy Cronley, was in contract by mid-November, and closed earlier this week for slightly under ask.
The current house was built in 1949, spans 2,200 square feet in size, and has three bedrooms and three bathrooms. Inside, the cottage hosts an open floorplan, a large bay window in the living room, water views throughout, and a wood-burning fireplace.
A price cut in August brought the compound down to $1.9 million, and by November a contract was signed. Earlier this week, the property sold and closed for $1.6 million, or $800,000 for each house.
With 1,400 square feet of living space it isn’t massive, but it’s a good size for small families or those in need of a low-maintenance Hamptons retreat.
Sited in an extremely private location where one can’t hear any traffic, the property includes a 7,000-square-foot home with five bedrooms and five bathrooms, a 2-acre pond, meadows, trails, two natural 100-foot jetties, and 400 feet of direct ocean frontage.
This year, in addition to movie stars and fashion designers buying and selling South Fork properties, politics also had an influence over the celebrity real estate market on the East End.
Designed by architect James Biber in 2006, the property has been honored by the American Institute of Architects and the American Architecture Awards. Each property has about 2 acres of land, totaling 4.1 acres and offering 300 feet of direct ocean frontage.
The circular property is considered oceanfront, but it actually doesn’t have direct ocean frontage. Rather, it’s located right near the parking lot, which may make it a hard sell.
The property was purchased in 1992 by frame dealer Eli Wilner and his wife for just $630,000. However, at the time, there were absolutely no permits in place and buying the property without building permits was a risk.
The Old Montauk Highway address is still owned by Drexler (in the name of Drexler 2008 Family Trust on public record), which he bought in 2010 for $7 million.
The property has had a bit of screen time, ranging from an appearance in the 2013 horror film, Innocence, to being featured on HGTV’s Vacation House for Free.
Built in 2015, the shingled home has four bedrooms and four and a half bathrooms, walls of glass, radiant floor heating, and an oceanview deck with a hot tub off the master suite.
In July, the home received its first $1.55 million price cut, putting it on the market for $2.8 million. Now, just two months later, another $200,000 has come off the listing and the 1-acre property is now asking $2.6 million.
The gorgeous home was last asking $3.6 million, down from the original $3,995,000 asking price that it had when it went up for sale in September of 2016.
The windmill house was originally asking $1.9 million when it went on the market earlier this year in May, but after a price reduction it’s now listed for $1.7 million.