VACANT LAND...the prices of raw land, here and now, are the best bellwether we have for projecting what our housing costs will be in the future!
The price of vacant, buidable, land here in the Hamptons continues to rise...forcing the price of new construction to follow suit. No longer are brand new homes modest and small. With the cost for a parcel of land at an all time high, builders and developers are adding extra square footage and lots of bells & whistles to the overall package...and enhancing their initial investment. This trend will continue, as the popularity of new construction in the Hamptons grows greater and greater. Should you be shopping for the acquisition of raw land, the following Transfer Report will give you an idea of what your dollar will purchase in this neck of the woods.
SUCH A DEAL!
$1,000,000 & UP
SPECIAL SITES!
PRICEY PARCELS
SOUTHAMPTON:
Sold @ $700,000
26 Parrish Pond Lane, Shinnecock Hills
900-211-1-11.11
Description...1.4 Acres.
Sold @ $2,300,000
177 Downs Path, Southampton Village
904-20-2-27.17
Description...1.4 Acres;
S.O.H. parcel.
Sold @ $20,000,000***
3A Squabble Lane, Southampton Village
904-30-1-34.22
Description...4.3 Acres; Oceanfront parcel.
[Sold&closed 3 months earlier @ $15,000,000.]
***PICTURED***
Sold @ $5,300,000
245 Great Plains Rd., Southampton Village
904-14-4-12
Description...2.1 Acres;
S.O.H. parcel.
WATER MILL:
Sold @ $695,000
3 Mill Farm Lane, WaterMill
900-113-3-5.7
Description...under an acre;
.70 Acre.
Sold @ $1,125,000
900 Old Sag Harbor Rd, Water Mill
900-36-1-39.1
Description...5.6 Acres.
Sold @ $5,400,000
300,302,334+336 Blank Lane, Water Mill
900-65-2-10.3 = 3 Acres.
900-65-2-10.4 = 2.4 Acres.
900-65-2-10.5 = 2.4 Acres.
900-65-2-10.6 = 3.1 Acres.
Description...10.9 Acres.
Sold @ $5,250,000***
106 Jule Pond Drive, Water Mill
900-178-1-17.33
Description...3.7 Acres; waterfront, S.O.H. parcel.
***PICTURED***
BRIDGEHAMPTON:
Sold @ $390,000
416 Mitchells Lane, Bridgehampton
900-68-1-1.7
Description...4.4 Acres; zoned "field crops".
Sold @ $2,550,000
628 Halsey Lane, Bridgehampton
900-104-1-23.6
Description...1.8 Acres;
S.O.H. parcel.
Sold @ $5,800,000***
Lumber & Scuttle Hole, Bridgehampton
900-051-2-4.3 = 2 Acres.
900-051-2-4.4 = 2 Acres.
900-051-2-4.5 = 2.1 Acres.
900-051-2-4.6 = 2.2 Acres.
900-051-2-4.7 = 34 Acres, zoned "field crops".
Description...42.3 Acres.
***PICTURED***
Sold @ $3,940,000
100 Quimby Lane, Bridgehampton
900-117-1-1.5
Description...3.3 Acres;
S.O.H. parcel.
SAG HARBOR AREA:
Sold @ $500,000
14 Burkeshire Drive, Noyac
900-14-1-66.18
Description...1 Acre.
Sold @ $1,650,000
14 Seaponack Drive, North Haven
901-2-4-50.000
Description...1.8 Acres;
waterfront parcel.
Sold @ $1,835,000
29 Rawson Road, SagHarbor
900-10-1-94.15
Description...1.4 Acres;
waterfront parcel.
Sold @ $6,250,000***
8 & 10 On The Bluff, North Haven
901-2-04-65 = 1.8 Acres.
901-2-04-66 = 1.8 Acres.
Description...3.6 Acres;
waterfront parcels.
***PICTURED***
SAGAPONACK:
Sold @ $550,000
296 Merchants Path, Sagaponack
900-55-1-26.6
Description...1 Acre.
Sold @ $ 2,395,000
443 Sagaponack Rd., Sagaponack
900-89-4-2.000
Description...2 Acres;
S.O.H. parcel.
Sold @ $4,250,000
310 Parsonage Lane, Sagaponack
900-74-2-15.5
Description...4.1 Acres;
S.O.H. parcel.
Sold @ $9,000,000***
539 Daniels Lane, Sagaponack
900-108-1-3.3
Description...10.3 Acres;
S.O.H. parcel.
***PICTURED***
EAST HAMPTON:
Sold @ $750,000
645 Stephens Hands, East Hampton
300-113-3-17.1
Description...2 Acres.
Sold @ $2,175,000
102-110 Two Holes of Water Rd., EastHampton
300-134-1-16.1 = 2 Acres.
300-134-1-16.2 = 2 Acres.
300-134-1-16.3 = 2 Acres.
300-134-1-16.4 = 2 Acres.
Description...8 Acres.
Sold @ $20,000,000***
24 + 20 West End Ave., East Hampton Village
301-15-3-4 = 1.7 Acres.
301-15-3-5 = 1.2 Acres.
Description...2.9 Acres;
waterfront, S.O.H. parcels.
***PICTURED***
Sold @ $4,750,000
10 Sarahs Way, EastHampton Village
301-9-1-13.12
Description...1.8 Acres;
S.O.H. parcel.
AMAGANSETT AREA:
Sold @ $775,000
6 Katie Lane, Amagansett
300-151-1-7.70
Description...1.4 Acres.
Sold @ $2,000,000
110 Atlantic Ave., Amagansett
300-172-3-29.3
Description...1.3 Acres;
S.O.H. parcel.
Sold @ $1,725,000***
88 Surfside Ave., Montauk
300-51-4-15.000
Description...1 Acre;
oceanfront parcel.
***PICTURED***
Sold @ $9,001,332
Further Lane Farm - Lots 2,3,+4, East Hampton
300-189-3-20.2 = 3.7 Acres
300-189-3-20.3 = 2.3 Acres
300-189-3-20.4 = 44.6 Acr.
"agricultural reserve".
Description...50.6 Acres.
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