Real Estate Archives - Hamptons.com https://hamptons.com/category/real-estate/ The Most Powerful Network In The Hamptons Wed, 08 Nov 2023 14:46:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.1 https://hamptons.com/wp-content/uploads/2021/04/cropped-favicon-24-32x32.png Real Estate Archives - Hamptons.com https://hamptons.com/category/real-estate/ 32 32 A Glimpse Inside…Peace, Privacy, & Proximity in Bridgehampton https://hamptons.com/a-glimpse-inside-peace-privacy-proximity-in-bridgehampton/ Wed, 08 Nov 2023 14:46:54 +0000 https://hamptons.com/?p=135375 When Drew Green offers to show you a Hamptons home, you should say yes. Even if you aren’t looking for a new home or happen to be a real estate writer, you’ll be glad you did. You likely know Drew from around the Hamptons or have even gone shopping with him at King Kullen in […]

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22 Bridge Hill Lane, Bridgehampton

When Drew Green offers to show you a Hamptons home, you should say yes. Even if you aren’t looking for a new home or happen to be a real estate writer, you’ll be glad you did. You likely know Drew from around the Hamptons or have even gone shopping with him at King Kullen in Bridgehampton. 

 

I always get excited about special properties, so when Drew invited me to check out his new listing at 22 Bridge Hill Lane in Bridgehampton, it was an easy yes. 

 

Drew has been a real estate agent at Saunders & Associates for a long time, he lives in Sag Harbor all year and raised his family here. Still, what solidified Drew’s Hamptons expertise the most? The man has a “favorite tree in the Hamptons”—I agree, it is beautiful—that he pointed out on the way.

 

Past Drew’s favorite tree on Brick Kiln Road, you’re in the Heart of the Hamptons horse country, and all of the energy and sounds of Bridgehampton melt away. “No planes, no trains, no automobiles,” says Drew Green, exclusive real estate agent representing the property. “I’ve called it a cul-de-sac off of a cul-de-sac. It’s surprising that something so peaceful and quiet can coexist so close to the Village.”

 

He’s right; the home is nestled at the end of a quiet street, perched on a gentle hill, and surrounded by forever-preserved land. From my office in Bridgehampton Village, it took less than 5 minutes and when I stepped out of the car, all I could hear were birds chirping and the whispers of a soft breeze.

 

From the exterior, the classic Hamptons home is clad in bright cedar-shake siding and framed by meticulously manicured grounds, mature planted trees, and hardscaping. 

 

22 Bridge Hill Lane, Bridgehampton

The unique floorplan was what initially excited me about this property, and I was really blown away by how the split-level design has been expertly executed. Boasting a generous five levels of luxury living space, the home relies on skylights, bright wood accents, and glass-lined stairs to create a unified aesthetic across every space.

 

Main Level:

Upon entry, on either side is a large entry parlor with a dramatic modern fireplace flanked by a formal dining room with floor-to-ceiling windows and French doors. Bright custom cabinetry and wooden paneling connect the eat-in kitchen and seamlessly flows into the living room. Just past, find a screened-in three-season room perfect for sun-filled meals. A large powder room and private office space complete this level.

 

22 Bridge Hill Lane in Bridgehampton

 

Primary Suite Level:

On its own private level, the well-appointed primary suite has walkout egress to the patio, tall vaulted ceilings, great natural light, boutique-style walk-in closet, and a luxe bath with glass-walled marble shower, dual vanity and freestanding soaking tub.

 

22 Bridge Hill Lane in Bridgehampton

 

Upstairs:

Light beams throughout the upper level from expertly designed use of glass railings, bright wood, and skylights. On this level, find 4 ensuite guest rooms, each with tall ceilings, luxe baths and walk-in closets; all thoughtfully placed at each corner for privacy and comfort.

 

Above the Garage, Middle Landing, and Lower Level

Accessed by its own separate entrance and staircase, above the attached 2-car garage is another private ensuite bedroom. Slightly lower, an unfinished landing space is ready to become an additional media/recreation room.Descending to the lowest level, find an opulent walk-in wine cellar with glass wall, and bedroom and full bath, plus large space for games.

 

Outdoor Oasis:

22 Bridge Hill Lane in Bridgehampton

Easily accessed by the three-season room and the primary suite, the sunny and peaceful backyard grounds include a gunite pool with a water feature, a multi-tiered bluestone patio, al fresco dining patio and ample space for sun lounging. Plus, room to build your own padel/pickelball court.

 

For more information about 22 Bridge Hill Lane, Bridgehampton, please reach out to Drew Green.

 


DREW GREEN
Licensed Associate Real Estate Broker as Andrew W. Green
DGreen@Saunders.com 
Cell: (516) 314-2508

 

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Hamptons Real Estate Market Data – Week of 10/31/2023 https://hamptons.com/hamptons-real-estate-market-data-week-of-10-31-2023/ Tue, 07 Nov 2023 20:58:36 +0000 https://hamptons.com/?p=135368 Over the past week there were 20 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 22 Listings that went into contract.

Which is a year over year DECREASE of 9%.

This same week in 2021, there were 44 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 55%.

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Hamptons Real Estate Market Data – Week of 10/31/2023

Over the past week there were 20 Listings that went into contract from Westhampton to Montauk.

 

Compared to this same week last year (2022), there were 22 Listings that went into contract.

Which is a year over year DECREASE of 9%.

 

This same week in 2021, there were 44 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 55%.

 

The breakdown of these 20 Transactions are:

Over $20 Million

Between $10 and $20 Million

Between $4 and $6 Million

3 Between $2 and $3 Million 

8 Between $1 and $2 Million 

3 Under $1 Million

 

Over the past week, the Dollar Volume was $72 Million.

Compared to this same week last year (2022), the Dollar Volume was $50 Million.

Which is a year over year INCREASE of 44%.

 

This same week in 2021, the Dollar Volume was $126 Million.

Compared to this past week in 2023, it’s a DECREASE of 42%.

  

This past week there were 38 New Listings coming onto the market.

With 20 Listings going into contract, this INCREASES the inventory by 18 Listings.

 

The breakdown of these 38 New Listings are:

Over $20 Million

Between $10 and $20 Million

Between $5 and $10 Million

9 Between $3 and $5 Million 

10 Between $2 and $3 Million 

5 Between $1 and $2 Million 

6 Under $1 Million

 

The overall inventory as of 11/7/2023

1,809 Total Listings (Active & In Contract)

 

1,413 Active Listings 

396 In Contract Listings

 

*Data according to the East End Long Island listing system

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Hamptons Real Estate Market Data – Week of 10/24/2023 https://hamptons.com/hamptons-real-estate-market-data-week-of-10-24-2023/ Tue, 31 Oct 2023 16:08:44 +0000 https://hamptons.com/?p=135185 Over the past week there were 23 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 26 Listings that went into contract.

Which is a year over year DECREASE of 12%.

This same week in 2021, there were 44 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 48%.

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Hamptons Real Estate Market Data – Week of 10/24/2023

Over the past week there were 23 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 26 Listings that went into contract.

Which is a year over year DECREASE of 12%.

 

This same week in 2021, there were 44 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 48%.

 

The breakdown of these 23 Transactions are:

Between $5 and $10 Million

Between $4 and $6 Million

7 Between $2 and $3 Million 

6 Between $1 and $2 Million 

6 Under $1 Million

 

Over the past week, the Dollar Volume was $56 Million.

Compared to this same week last year (2022), the Dollar Volume was $70 Million.

Which is a year over year DECREASE of 20%.

 

This same week in 2021, the Dollar Volume was $115 Million.

Compared to this past week in 2023, it’s a DECREASE of 51%.

  

This past week there were 33 New Listings coming onto the market.

With 23 Listings going into contract, this INCREASES the inventory by 10 Listings.

 

The breakdown of these 33 New Listings are:

Between $10 and $20 Million

Between $5 and $10 Million

8 Between $3 and $5 Million 

7 Between $2 and $3 Million 

5 Between $1 and $2 Million 

4 Under $1 Million

 

The overall inventory as of 10/31/2023

1,896 Total Listings (Active & In Contract)

 

1,465 Active Listings 

431 In Contract Listings

 

*Data according to the East End Long Island listing system

 

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Exclusive “Congdon’s Point” Offers Unparalleled Luxury on Shelter Island https://hamptons.com/exclusive-congdons-point-offers-unparalleled-luxury-on-shelter-island/ Mon, 30 Oct 2023 14:11:54 +0000 https://hamptons.com/?p=135171 Penelope Moore, Licensed Associate Real Estate Broker with Saunders & Associates, has announced the exclusive listing of “Congdon’s Point” at the price of $19,975,000. A masterpiece of luxury and tranquility, this unique property encompasses an entire peninsula on Coecles Harbor, Shelter Island, reached by a long .6 mile driveway.

Hidden within 2.1 +/- acres of "forever green" scenery, ‘Congdon’s Point’ reveals itself as a secluded haven, with 443 +/- feet of virgin Coecles Harbor shoreline. Built on a specially grandfathered site in 2014, this residence is a remarkable blend of artistry and modern comfort, constructed with reclaimed New England hardwood and sophisticated design elements.

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34a North Cartwright Road, Shelter Island, NY 11964

Penelope Moore, Licensed Associate Real Estate Broker with Saunders & Associates, has announced the exclusive listing of “Congdon’s Point” at the price of $19,975,000. A masterpiece of luxury and tranquility, this unique property encompasses an entire peninsula on Coecles Harbor, Shelter Island, reached by a long .6 mile driveway.

 

Hidden within 2.1 +/- acres of “forever green” scenery, ‘Congdon’s Point’ reveals itself as a secluded haven, with 443 +/- feet of virgin Coecles Harbor shoreline. Built on a specially grandfathered site in 2014, this residence is a remarkable blend of artistry and modern comfort, constructed with reclaimed New England hardwood and sophisticated design elements.

 

“This is more than a residence; it’s a sanctuary where every element is a testament to elegance, and every view a masterpiece of nature,” expressed Moore. 

 

 

“As you approach the house you realize you are headed somewhere special, a place not everyone will have the privilege to see or experience,” Rich Kissane, the property’s builder, shared in 2017. “At some point during your visit, you will realize that Shelter Island just doesn’t get better than this. The property is one of the most peaceful places on earth, in the middle of a nature sanctuary, where there are rare sightings of bald eagles and early season striped bass, what you can describe as a unique communion with nature.”

 

The interior features a grand living room with dramatic 24-foot ceilings and 10-foot windows, offering panoramic views of serene saltwater. The professional-grade, Thermador-equipped kitchen caters to every culinary aspiration, whether a family gathering or gourmet event. The first-floor primary suite is an indulgence in itself, providing awe-inspiring 180-degree harbor views, a personal beverage center, spa-like bath, and a private outdoor deck. Second floor guest suites facing east and west are poised to capture the sunrise and sunset, alongside a nostalgic bunk room, each detailed for discerning tastes. 

34a North Cartwright Road, Shelter Island, NY 11964

“Embracing the owners’ and architect Eric J. Smith’s vision, we infused the estate with a timeless lodge aura, emphasizing artisanal, old-school craftsmanship in every finish,” noted Kissane. Every inch of this property has very high end custom finishes, including the boathouse, which is another surprise, a new building with 100-year old wood finishes throughout.”

 

“Congdon’s Point” extends its luxury outdoors where the extensive screened porch, inviting pool and spa, and meticulously curated native landscapes create a haven, complete with aromatic flowering hedges along the waterfront. A stone terrace overlooks the harbor, having hosted renowned chefs and inspired artists with its view.

 

A scenic boathouse, complete with entertainment center, library, and a guest suite, adds to the property’s charm. An elevator-operated, heated underground garage is a unique amenity for stowing classic cars. A walkway leads to a sandy beach, waterside fire pit with lounge seating, kayak rack, and a two-level, 100-foot, fully equipped dock with easy access to open waters, accommodating up to four 40-foot boats. “Most sport fishing boats can get to Montauk Point in less than an hour,” Kissane added.

34a North Cartwright Road, Shelter Island, NY 11964

The views over the water include that of Reel Point, Little Ram Island, Mashomack Preserve, which amasses one-third of Shelter Island and to Taylor’s Island, which was once owned by Frances Marion Smith “the Borax King” and F. Gregory Taylor, owner of the famed St. Moritz Hotel. Both a town and island located on the eastern end of Long Island, Shelter Island is an idyllic locale, reached by ferry from the north via Greenport and accessible via North Haven from the south.

 

‘Congdon’s Point’ is meticulously orchestrated to complement its surroundings on a private peninsula, promising an unrivaled sanctuary,” Moore concluded. “It’s a rare jewel in the Hamptons, offering ceaseless inspiration from dawn until dusk, encapsulated in sophisticated craftsmanship and privacy.”

 

 
PENELOPE A. MOORE
Licensed Associate Real Estate Broker as Penelope A. Moore
PMoore@Saunders.com
Cell: (917) 208-5519

 

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Hamptons Real Estate Market Data – Week of 10/17/2023 https://hamptons.com/hamptons-real-estate-market-data-week-of-10-17-2023/ Wed, 25 Oct 2023 13:43:48 +0000 https://hamptons.com/?p=135081 Over the past week there were 14 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 19 Listings that went into contract.

Which is a year over year DECREASE of 26%.

This same week in 2021, there were 55 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 75%.

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Hamptons Real Estate Market Data – Week of 10/17/2023

Over the past week there were 14 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 19 Listings that went into contract.

Which is a year over year DECREASE of 26%.

 

This same week in 2021, there were 55 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 75%.

 

The breakdown of these 14 Transactions are:

Between $10 and $20 Million

Between $4 and $6 Million

3 Between $2 and $3 Million 

7 Between $1 and $2 Million 

 

Over the past week, the Dollar Volume was $44 Million.

Compared to this same week last year (2022), the Dollar Volume was $48 Million.

Which is a year over year DECREASE of 8%.

 

This same week in 2021, the Dollar Volume was $180 Million.

Compared to this past week in 2023, it’s a DECREASE of 76%.

  

This past week there were 32 New Listings coming onto the market.

With 14 Listings going into contract, this INCREASES the inventory by 18 Listings.

 

The breakdown of these 32 New Listings are:

Between $10 and $20 Million

Between $5 and $10 Million

8 Between $3 and $5 Million 

7 Between $2 and $3 Million 

10 Between $1 and $2 Million 

 

The overall inventory as of 10/24/2023

1,913 Total Listings (Active & In Contract)

 

1,473 Active Listings 

440 In Contract Listings

 

*Data according to the East End Long Island listing system

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A Glimpse Inside…Somewhere Special in Wainscott South https://hamptons.com/a-glimpse-insidesomewhere-special-in-wainscott-south/ Wed, 18 Oct 2023 06:09:11 +0000 https://hamptons.com/?p=134643 When you’re this far South on Wainscott Hollow Road, every element of the Hamptons surrounds the senses. Peace so quiet you can hear it, the subtle salt-kissed ocean breezes, sprawling acres of working agriculture preserve, the warmth of open sky sunlight.

84 Wainscott Hollow Road is where you’re going to want your Hamptons memories.

“Special locations sell for special prices,” says Vincent Horcasitas, the exclusive agent representing the property with Saunders & Associates. “Special is half a mile as the crow flies to Townline and Beach Lane; Special is overlooking 28 acres west of working agricultural reserve and wrapped in 60 acres of preserve.”

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84 Wainscott Hollow Road, Wainscott, NY 11975

When you’re this far South on Wainscott Hollow Road, every element of the Hamptons surrounds the senses. Peace so quiet you can hear it, the subtle salt-kissed ocean breezes, sprawling acres of working agriculture preserve, the warmth of open sky sunlight.

 

84 Wainscott Hollow Road is where you’re going to want your Hamptons memories.

 

Special locations sell for special prices,” says Vincent Horcasitas, the exclusive agent representing the property with Saunders & Associates. “Special is half a mile as the crow flies to Townline and Beach Lane; Special is overlooking 28 acres west of working agricultural reserve and wrapped in 60 acres of preserve.”

 

84 Wainscott Hollow Road, Wainscott, NY 11975

Year-Round Sophistication

Perched above a grassy hill, the timeless cedar-shake-sided estate is an enduring example of classic Hamptons luxury living. Ready to be your forever home in the Hamptons, this expertly maintained and well-loved home has everything you’ll need for a luxurious and restorative retreat. The elegant and stately grounds are handsomely landscaped for a clean, country club-like aesthetic.

 

84 Wainscott Hollow Road, Wainscott, NY 11975

Inspired Elegance

Inside, the expansive home is equal parts sophistication and summer-time comfort. Timeless colonial-inspired accents and masterful construction are highlighted by arched clerestory windows and a grand parlor-style sitting room with tall, arched ceilings anchored by an oversized double-sided wood-burning fireplace.

 

Room to Grow

Awaiting the lucky next owner’s imagination, unfinished space on the second floor and lower level will make sure the buyer can make the home their own. There is plenty of space for an enviable backyard tennis court to accompany the stunning Olympic-sized 20’x75′ heated gunite pool.

 

84 Wainscott Hollow Road, Wainscott, NY 11975

Summertime Comfort

From almost every room in the home, you’ll find a porch to follow the sun during the day, including the large private terrace in the primary suite. Views overlook the expansive and breathtaking grounds and beyond to acres of bucolic reserve. The ocean awaits just past, hinted at by the wide-open horizon and a soft hint of salt in the air. 

 

Contact Vincent Horcasitas for more information about 84 Wainscott Hollow Road, Wainscott.

VH@Saunders.com

Cell: (516) 768-7330

 

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Hamptons Real Estate Market Data – Week of 10/10/2023 https://hamptons.com/hamptons-real-estate-market-data-week-of-10-10-2023/ Tue, 17 Oct 2023 21:00:42 +0000 https://hamptons.com/?p=134919 Over the past week there were 20 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 27 Listings that went into contract.

Which is a year over year DECREASE of 26%.

This same week in 2021, there were 46 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 57%.

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Hamptons Real Estate Market Data – Week of 10/10/2023

Over the past week there were 20 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 27 Listings that went into contract.

Which is a year over year DECREASE of 26%.

 

This same week in 2021, there were 46 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 57%.

 

The breakdown of these 20 Transactions are:

Between $10 and $20 Million

8 Between $2 and $3 Million 

5 Between $1 and $2 Million 

And 5 Under $1 Million

 

Over the past week, the Dollar Volume was $56 Million.

Compared to this same week last year (2022), the Dollar Volume was $66 Million.

Which is a year over year DECREASE of 15%.

 

This same week in 2021, the Dollar Volume was $168 Million.

Compared to this past week in 2023, it’s a DECREASE of 67%.

  

This past week there were 38 New Listings coming onto the market.

With 20 Listings going into contract, this INCREASES the inventory by 18 Listings.

 

The breakdown of these 38 New Listings are:

3 Over $20 Million

Between $10 and $20 Million

Between $5 and $10 Million

10 Between $3 and $5 Million 

7 Between $2 and $3 Million 

6 Between $1 and $2 Million 

And 1 Under $1 Million

 

The overall inventory as of 10/17/2023

1,899 Total Listings (Active & In Contract)

 

1,459 Active Listings 

440 In Contract Listings

 

*Data according to the East End Long Island listing system

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Tiny Home Trend in The Hamptons https://hamptons.com/tiny-home-trend-in-the-hamptons/ Sun, 15 Oct 2023 06:21:09 +0000 https://hamptons.com/?p=134630 The Hamptons are still waiting for the tiny house trend to hit. So far, we don’t have the 400-square-foot, constructed-in-a-friend’s-backyard tiny homes that are popping up elsewhere in the US. But, although most people think the Hamptons are reserved strictly for mega-mansions, we do have our fair share of modestly sized homes.

In recent seasons, I’ve heard a wish among more buyers for a “cottage by the beach” — and they mean it. Already caring for their primary home, they want a getaway that’s a respite from their to-do list, not another item on it.

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Tiny Home Trend in The Hamptons

The Hamptons are still waiting for the tiny house trend to hit. So far, we don’t have the 400-square-foot, constructed-in-a-friend’s-backyard tiny homes that are popping up elsewhere in the US. But, although most people think the Hamptons are reserved strictly for mega-mansions, we do have our fair share of modestly sized homes.

 

In recent seasons, I’ve heard a wish among more buyers for a “cottage by the beach” — and they mean it. Already caring for their primary home, they want a getaway that’s a respite from their to-do list, not another item on it.

 

Many of these buyers are the same people who know KonMari and Swedish Death Cleaning are decluttering and minimizing strategies, not martial arts or indie bands. They want to be unencumbered by a basement full of Grandma’s furniture and an attic stuffed with Legos and ice skates the children “might need again someday.” They don’t want the stuff, and they don’t need the space for that stuff.

 

And it’s not just Baby Boomers who are clearing out the storage space — The New York Times reported that Goodwill is “overrun” by donations from millennials who just aren’t interested in their parents’ bedroom sets and china patterns. The next generation of homebuyers wants less.

 

A small home anywhere lacks nooks and crevices to cram full of stuff, but in the Hamptons, a small home lacks something else specific: guest rooms. I’ve found some customers are happy not to have multiple guest rooms and all that comes with hosting houseguests all summer long.

 

For the record, a smaller house doesn’t always mean a smaller price tag — and for many buyers, it’s not about the price at all. Even billionaires are buying tiny Hamptons homes in the form of trailers in Montauk Shores, a waterfront community all the way east. 

 

I spoke with architect Thomas Morbitzer of Am/Mor Architecture, who is designing a small addition to a small and historic property in East Hampton. Our conversation was an eye-opener for me. He pointed out that small houses are not new; note the many original homes in our villages and along the coasts. Just like those antique jewels, the current tiny ones are built with the most efficient technology of the day. With this motive and scale in common, old and new designs can blend seamlessly into the Hamptons landscape.

 

Frankly, I think small — even tiny — homes will be part of the future of housing in the Hamptons. For one thing, they’ll fill this need for simple getaways, but they’ll also fill many of the needs of the local population: housing for the elderly, housing for local kids who currently can’t afford to stay, housing for workers who are currently driving two hours east every morning, sitting in the trade parade on Montauk Highway. Plus, we’re all going to start needing to think more sustainably in the future, to protect the beauty and the lifespan of the East End.

 

No doubt, everyone is aware of the limits the various municipalities impose on the maximum size of home. But many don’t know there are also limitations on the other end, and they differ depending upon towns/villages and residence districts. The smallest minimum is 600 square feet, and the largest is 1,300 square feet. If you are thinking small, please check your local code.

 

If a life without your multi-generation collection of hardcover books appeals to you, I’ll give you the same advice I always give clients who are looking to scale down.

 

Remember:

Your physical house isn’t the only thing that will shrink. You’ll need to reduce your lifestyle along with your living space. Where will you put four cars when you have a two-car garage? Where will you put eight closets’ worth of clothes and linens when you have a fraction of that space?

 

You shouldn’t expect to eliminate expenses completely. If you still have a home, you still have the costs of a home. They’ll be less, yes — but not gone.

 

You’ll want to look at the property, not just the house. A smaller house usually comes with smaller property, which means your neighbors may be a good deal closer. This isn’t necessarily a bad thing, but if you’re used to your acres, it will be an adjustment.

 

It probably goes without saying that there’s still interest in larger homes, with plenty of bedrooms for children and guests, staff quarters, and an assortment of media rooms, workout studios, and wine cellars. But interest is rising in smaller spaces, and I wouldn’t be surprised if soon, the Hamptons adopted its own version of the tiny home.

 

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Hamptons Real Estate Market Data – Week of 10/3/2023 https://hamptons.com/hamptons-real-estate-market-data-week-of-10-3-2023/ Tue, 10 Oct 2023 06:25:38 +0000 https://hamptons.com/?p=134621 Over the past week there were 12 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 30 Listings that went into contract.

Which is a year over year DECREASE of 60%.

This same week in 2021, there were 28 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 57%.

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Hamptons Real Estate Market Data – Week of 10/3/2023

Over the past week there were 12 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 30 Listings that went into contract.

Which is a year over year DECREASE of 60%.

 

This same week in 2021, there were 28 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 57%.

 

The breakdown of these 12 Transactions are:

1 Between $5 and $10 Million

6 Between $2 and $3 Million 

3 Between $1 and $2 Million 

And 2 Under $1 Million

 

Over the past week, the Dollar Volume was $26 Million.

Compared to this same week last year (2022), the Dollar Volume was $90 Million.

Which is a year over year DECREASE of 71%.

 

This same week in 2021, the Dollar Volume was $235 Million.

Compared to this past week in 2023, it’s a DECREASE of 89%.

  

This past week there were 45 New Listings coming onto the market.

With 12 Listings going into contract, this INCREASES the inventory by 33 Listings.

 

The breakdown of these 45 New Listings are:

Between $10 and $20 Million

Between $5 and $10 Million

7 Between $3 and $5 Million 

5 Between $2 and $3 Million 

18 Between $1 and $2 Million 

And 6 Under $1 Million

 

The overall inventory as of 10/10/2023

2,042 Total Listings (Active & In Contract)

 

1,547 Active Listings 

495 In Contract Listings

 

*Data according to the East End Long Island listing system

 

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A Glimpse Inside…Water Mill New Construction Under $6M https://hamptons.com/a-glimpse-insidewater-mill-new-construction-under-6m/ Wed, 04 Oct 2023 14:35:35 +0000 https://hamptons.com/?p=134418 Nestled in the beautiful Hamptons Hamlet, Water Mill, the just-completed dream home at 1378 Deerfield Road is an invitation to embrace the Hamptons’ coastal lifestyle to the fullest with everything you love close at hand.    “Buyers who really know the area recognize how much this location offers. Not only do you have an unbelievably […]

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1378 Deerfield Road, Water Mill, NY 11976

Nestled in the beautiful Hamptons Hamlet, Water Mill, the just-completed dream home at 1378 Deerfield Road is an invitation to embrace the Hamptons’ coastal lifestyle to the fullest with everything you love close at hand. 

 

Buyers who really know the area recognize how much this location offers. Not only do you have an unbelievably luxurious Hamptons home to spend your time, but you are so close to everything you love doing that you actually get MORE time to enjoy the Hamptons!” says Hamptons real estate agent Ginger Tuttle of Saunders & Associates, who represents the property exclusively.

 

1378 Deerfield Road, Water Mill, NY 11976
Luxury is a Location

 

Just a short 10-minute drive separates you from the pristine shores of Flying Point Ocean Beach, where you can indulge in endless sun-soaked days by the sea. Equally accessible, the vibrant Southampton Village is also a mere 10 minutes away, beckoning with its upscale boutiques, dining, and cultural attractions. 

 

Bucolic charm is all around for you to see and taste! The delight of fresh produce is nearby with Corwiths and Halsey farmstands, highlighting the Hamptons rich agricultural abundance. For water enthusiasts, the many nearby ocean and bay beaches provide the perfect backdrop for kayaking, paddleboarding, any water sports, and—of course—sun lounging. 

 

This is the Heart of the Hamptons. Whether you want to dip your toes in the sand at the ocean beaches, go for a swim in the bay, do a little shopping on Main Street, indulge in a waffle cone by the harbor, or sip a rosé. Rather than waiting in traffic, you’ll be cruising countryside roads en route to the many wonderful Villages, beaches, galleries, golf, marinas, boutiques, and restaurants across the Hamptons,” Ginger adds. 

 

Elegance at Ease

 

This is what you want your new construction home to look and feel like inside. With its classic design, abundant amenities, and meticulous craftsmanship by one of the Hamptons’ most experienced builders, this cedar shingle masterpiece exudes classic charm, boasting a generous 6,800 sq. ft. of living space across 3 levels with 7 bedrooms and 8.5 bathrooms.

 

1378 Deerfield Road, Water Mill, NY 11976

Inside, you’re immediately met by bright light in the double-height foyer leading you into the great room. Beautiful white oak floors, a welcoming fireplace, and multiple glass doors continue the bright and airy summer vibe. Loaded with top-of-the-line appliances and designed to accommodate and entertain your guests with ease. 

 

From the cascading waterfall island to the open layout, you’ll appreciate the careful planning and expertly executed details evident throughout the home. The pièce de résistance? The dining area is crowned by glass on all three sides with a gorgeous view that overlooks the pool patio and enviable backyard. A cheery office can be found tucked away near the 2-car garage in front of the home.

 

Bedrooms are graciously appointed and located on all three levels. A first-floor junior primary is accessed by private vestibule from the main living area, while 4 ensuite bedrooms await upstairs, each with tray ceilings and walk-in closets. For the lucky owner, a primary suite with fireplace, private terrace, luxurious bath and a boutique-like oversized dressing area.

 

1378 Deerfield Road, Water Mill, NY 11976
Amenities Await

 

The finished lower level has tall, 10’ ceilings and is a testament to luxury living, ready for recreation and rejuvenation. Find a home gym separated by glass door and spa-like cedar-lined sauna and steam shower, versatile games and leisure area, refreshments bar, and 2 additional bedrooms. Plug-and-play technology and built-in speakers throughout the home’s three levels, indoors and out, ensure that you don’t miss a beat.

 

Even with this central location close to all things Hamptons, you may not ever want to leave the private oasis in your own backyard. The outdoor space is picture-perfect and designed for easy indoor-outdoor living with covered and uncovered bluestone patios and a Lynx gas barbeque easily accessible from the dining area. 

 

When you see the grounds—nearly an acre—it’s almost impossible not to envision yourself enjoying the countless ways you’ll enjoy the outdoor space, including the sprawling, flat green lawn, and of course—the heated pool,” Ginger tells me.

 

1378 Deerfield Road, Water Mill, NY 11976
Summer and Beyond

 

Highlighted by Western exposure, the stunning 20’x40’ gunite pool with an outset 8’x8’ spa gets great sunshine. Extend the season and heat the pool and spa with the handy Jandy app, so it’s the perfect temp when you arrive Out East. Also, Ginger mentions, “The wonderful outdoor fireplace may be your favorite place in autumn and springtime.

 

Contact Ginger Tuttle for more information about 1378 Deerfield Road.

 

GINGER V. TUTTLE

Licensed Real Estate Salesperson

gtuttle@Saunders.com

Cell: (631) 508-4919

 

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