Southampton, NY 11963

Property

Ownership: For Sale
Type: Single Family
Rooms: 7
Bedrooms: 4 BR
Bathrooms:
Pets: No Pets Allowed
Lot Size: 0.46 Acres

Financials

Price:$1,799,000
Annual Taxes:$3,800
25 Nugent Street, Southampton, NY 11968, USA
Listing Courtesy of Douglas Elliman Real Estate

Prime Build Out Opportunity 33 Whalers Dr, Sag Harbor Exceptional Land Value amp ; Investment Flexibility The property currently functions as a compound with two separate structures the primary residence ...

View of front of property featuring stairway, driveway, an attached garage, and view of scattered trees

Description

Prime Build-Out Opportunity: 33 Whalers Dr, Sag Harbor – Exceptional Land Value & Investment Flexibility The property currently functions as a compound with two separate structures: the primary residence features 3 bedrooms and 2 full baths, and the second separate structure is an apartment. This offers immediate utility and rental income potential to significantly offset carrying costs while planning your development phase. This residence represents a rare opportunity for both immediate enjoyment and tremendous long-term value creation. Nestled on a private half-acre lot and enveloped by protected preserve land, this property provides the perfect blend of Hamptons tranquility and effortless, quick access to the waterfront docks and world-class dining of Sag Harbor Village. Currently a charming 3-Bedroom, 3-Bathroom Saltbox, this home is move-in ready but truly shines through its potential for future growth. Custom Expansion: The lot is primed for a significant build-out, allowing the residence to be transformed into a luxury home of up to approximately 4,000 square feet (5 beds/4 baths). Customize and maximize your investment value in a coveted Hamptons zip code. Proof of Value: This property offers the acreage and privacy to build a magnificent estate. Look no further than 39 Whalers Drive as proof of the ultimate high-end value this location supports. This is the opportunity to purchase the land value now and capitalize on the neighborhood's prestige. I strongly recommend a site visit this week to assess the full build-out potential.

Amenities

  • Cable - Available
  • Cathedral Ceiling(s)
  • Ceiling Fan(s)
  • Chefs Kitchen
  • Convection Oven
  • Dishwasher
  • Dryer
  • Eat-in Kitchen
  • Electricity Available
  • Electric Oven
  • Electric Range
  • Electric Water Heater
  • First Floor Bedroom
  • Formal Dining
  • Galley Type Kitchen
  • Gas Oven
  • High Speed Internet
  • Microwave
  • Natural Gas Available
  • Open Floorplan
  • Open Kitchen
  • Propane
  • Refrigerator
  • Washer

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.