- Bedrooms: 3
- Bathrooms: 3
- Parking: 2
- Size: 121.42 m²
- Price: $1,695,000
Now Offered at $1,695,000 Exceptional Value in Sag Harbor Village
Opportunities like this are becoming increasingly rare.
Just under a half-mile to Sag Harbor Village center, with direct sidewalk access to town, this 0.24-acre property offers what the market is craving: scale, location, and significant upside potential.
On the corner, a vibrant community park boasts a recently renovated playground and tennis courts, with new pickleball courts slated for Memorial Day, adding immediate lifestyle appeal to an already prized setting.
The existing 3-bedroom, 3-bath home blends historic character with thoughtful updates, while a substantial detached garage with high ceilings presents endless potential—studio, gym, workspace, or future conversion.
But what truly sets this property apart is the untapped development potential:
Currently utilizing only 5% of the allowed Gross Building Area (20% permitted), offering a rare opportunity to significantly expand, reimagine, or create a custom compound within the village.
Whether you are a builder, investor, or a visionary end-user, the upside potential here is undeniable.
Add to this a proven rental history, including additional income from the garage space, and you have a property that performs today, while offering substantial future value.
Large parcels with this level of flexibility, this close to the village, are rare.
At this price, in this location, with this level of untapped potential, opportunities like this, this close to the village, are exceptionally rare.
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