11 Town Line Road Wainscott, NY 11975

$2,895,000 4 Bedrooms3 Full Baths

11 Town Line Road Wainscott, NY 11975

 
SOUTH OF HIGHWAY OVERLOOKING FARM
Year Built: 1926
Land: 2.00 acres (approx.)
tax (annual): $4,768 
Web #: 0039155
This 2 acre, South-of-The-Highway property is a stunning setting, overlooking manicured horse farm to the South and 20 acres of field to the West. And its just a 1.5 mile bike ride to Town Line Beach, past open fields and estate-like Wainscott and Sagaponack homes upwards of $20MM in value. The 2400 square foot existing artists home is charming, and features 4 bedrooms, 4 baths and a finished lower level. The grounds are simply stunning, with mature specimen trees, open lawn, inground pool, pool house, views and room for tennis. Just reduced, this property is priced below land value. You can enjoy the existing home for years to come, or plan your own sizeable home on this oversized property---approximately 170' wide by an unbelievable 500' deep. Recent new construction sales of $7.3MM on much smaller lots without tennis point to a potential exit price in the $8MM+ range for a new construction on 2 acres with Tennis. Call for comps and a full analysis.


 
Frank Bodenchak

Licensed Salesperson, Senior Global Real Estate Advisor
m: (917) 968-9020
o: (917) 968-9020

agent-pic
Dawn Bodenchak

Licensed Salesperson, Senior Global Real Estate Advisor
m: (646) 382-4055
o: (646) 382-4055

agent-pic
 
mes1448236800

Interior Features

Bedroom Information
# of Bedrooms: 4
Bathroom Information
# of Full Bathrooms: 3
Design Features
Fireplace(s): 3
Additional Rooms
Home Office
Heating & Cooling
Air Conditioning

Exterior Features

Type of Property
Single Family Home
Garage/Parking
Garage Bays: 2
Other Features
Barn
Deck / Patio
Pool House
Views
Farmland/Horse View
Room For Tennis
Yard

Property/Lot Details

Building Amenities
Pool
This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. EQUAL HOUSING OPPORTUNITY