Periodically, we go see what’s out there for the least money, our criteria being east of the canal and a freestanding home (no mobile homes, condos, or co-ops). Well, this is the winner: 8 Burns Road, Shelter Island. It’s asking $485,000. Doesn’t look so bad from the air, does it?
Yeah, it gets worse.
Only word is “grim.”
This is a c. 1900 farmhouse on 0.32 of an acre. IF (big if) the house is watertight (if it’s damp, forget it, just bulldoze it), some energy and a good bit of money could turn it into a nice place. It’s pretty small at just 1000 square feet , but a buyer or flipper could add on, add a pool, and make a cute little getaway. There’s a shed with electric and water out back, too. Pool house? We’ll be interested to see what someone does with the property.
8 Burns Rd, Shelter Island, NY 11964
