Property Description

Now Offered at $1,695,000 Exceptional Value in Sag Harbor VillageOpportunities like this are becoming increasingly rare.Just under half a mile from the heart of Sag Harbor Village with a sidewalk straight into town this .6-acre property offers something the market is starving for: scale, location, and meaningful upside.Around the corner, a vibrant community park features a recently renovated playground and tennis courts, with new pickleball courts anticipated by Memorial Day adding immediate lifestyle appeal to an already prime setting.The existing 3-bedroom, 3-bath home blends historic character with thoughtful updates, while a substantial detached garage with soaring 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 allowable Gross Floor Area (20% permitted) offering a rare opportunity to significantly expand, reimagine, or create a custom compound within the village.Whether you're a builder, investor, or end-user with vision, the upside here is undeniable.Add to that 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 few and far between.At this price, in this location, with this level of untapped potential opportunities like this, this close to the village, are exceptionally rare.

Property Features

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