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Yes, of course, the hilarious asking prices make headlines, but there are plenty of properties available at a much more down-to-earth ask. Such as this one, located in Lazy Point, a quiet area of mostly water and sea birds. For $1.3 million, you can clam, windsurf, kiteboard, and SUP right from your front yard.
“But Hot Sheet,” I hear you say. “In the real world, $1.3 million is quite a lot of money.” Yes, but if you want to be in the Hamptons, you have to pay a premium. “But Hot Sheet,” you continue. “I see lots of sold properties in the area that cost much less. What gives?” That’s because in much of Lazy Point, the residents own only their buildings and have to pay ground rent to the town of East Hampton. This property includes the land.
Of course, the house is modest–but that’s much of the charm of the area. It’s just 900 square feet with two bedrooms and one bath; not a lot of room but it’s all nicely updated. There’s also 0.23 of an acre of land.
Interested? Contact Krae van Sickle and Lylla Carter at Saunders. And go enjoy a peaceful, quiet summer.
- 82 Shore Road [HRE]
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