Montauk Beach House Investor Eyes A Property On The Harbor - 27 East

Real Estate News

Real Estate News / 1411855

Montauk Beach House Investor Eyes A Property On The Harbor

icon 2 Photos

author on Mar 16, 2015

Chris Jones, an owner of the Beach House and of Sole East, has his sights set on “swank-ifying” two more Montauk establishments: the Sail Inn and the Lido Motel.

Earlier this month, the investor expressed “serious interest” in both properties when asked if he’d purchased any of three resorts he told the Daily News he had his eyes on in 2013.

The third of the three, Daunt’s Albatross West Motel, was sold in 2014 by the Daunt family for $2.6 million to an LLC that is now renovating it. At 20 South Elmwood Avenue, it’s a mere hop, skip and a jump from the Beach House at 55 South Elmwood in downtown Montauk, thus seemingly the most likely purchase for Mr. Jones.

But Mr. Jones said he is not involved in that property. However, he does envision reinventing both the Sail Inn and the Lido Motel as the kind of “boutique” resort to which the former Ronjo Motel, now the Montauk Beach House, and the former Shepherd’s Neck Inn, now Sole East, have been transformed.

The Sail Inn in particular holds promise for “a very nice food and beverage concept,” Mr. Jones said, adding however that he’d “not signed anything” yet.

With 10 guest rooms in addition to a bar and restaurant, a more glamorous version of the blue-collar Sail Inn could be the first incursion of its kind into the Montauk Harbor area, which is at a distance from Montauk’s downtown.

“Montauk, it’s a terrific place,” Mr. Jones said. “Back in 2005, when we bought Sole, from my point of view, it needed to grow.”

At 548 West Lake Drive, the 5,200-square-foot Sail Inn is listed with Douglas Elliman for $2.9 million, while the 19-room Lido Motel, at 5 South Emery Street and 2 South Euclid Avenue, and at one point listed for $2.9 million, is no longer on the market, according to Zillow, although Trulia had it listed at $2.675 million.

You May Also Like:

Newly Built Little Plains Road Residence Sells For $11.35M

A newly built Southampton Village residence by Northport’s Schuttinger Building has sold for $11.35 million. ... 21 Jan 2020 by Staff Writer

AIA Peconic Names 2020 Executive Committee

AIA Peconic, the East End chapter of The American Institute of Architects, has announced its executive committee for 2020. Debbie Kropf AIA of DSK Architect will serve as president and Nilay Oza of Oza/Sabbeth Architecture will be vice president. Viola Rouhani AIA of Stelle Lomont Rouhani Architects returns to the board as secretary, and Anne Sherry of Anne Sherry Architect returns as treasurer. Gregory Thorpe, who was the 2019 AIA Peconic president, will serve as an AIA of New York State board member, Emmanuela Martini of Blaze Makoid Architecture will be an associate liaison and B. Kay Jones is the ... by Staff Writer

Wyandanch Lane Residence Sells For $8.95 Million

A classic Southampton Village home on a Wyandanch Lane flag lot has sold for $8.95 ... 20 Jan 2020 by Staff Writer

Historic Sagaponack Home Halseycot Sells For $7 Million

Halseycot, an iconic Sagaponack Village home, recently sold for $7 million, and the buyer, according ... by Staff Writer

CPF Revenue For First 11 Months Of 2019 Down 23 Percent

Revenues for the Peconic Bay Region Community Preservation Fund during the first 11 months of ... 10 Jan 2020 by Staff Writer

Normandy House On Southampton’s Lake Agawam Sells For $22 Million

The historic Normandy estate fronting Southampton Village’s Lake Agawam has changed hands for $22 million, ... 8 Jan 2020 by Staff Writer

Ellen Pompeo Sells Sag Harbor Home

Actress Ellen Pompeo’s modern farmhouse retreat on 8 acres in Noyac has sold, about six ... by Staff Writer

Water Mill Home That Previously Belonged To Mel Brooks, Anne Bancroft Sells For $11 Million

An oceanfront Water Mill beach house that once belonged to filmmakers Mel Brooks and Anne ... 7 Jan 2020 by Staff Writer

Hampton Bays Home Fronting Peconic Bay Sells For $3.9 Million

In Hampton Bays, 18 Cedar Point Road, located east of the Shinnecock Canal and fronting ... 6 Jan 2020 by Staff Writer

State Issues New Regulations In Response To Newsday’s Housing Discrimination Investigation

The New York State Board of Real Estate has approved new regulations to combat housing discrimination in response to a three-year Newsday investigation. The investigation and subsequent report, titled “Long Island Divided,” found widespread illegal discrimination against minority homebuyers. Newsday also found that the fair housing and anti-discrimination training classes that real estate agents are required to attend were, more often than not, inaccurate, confusing or incomplete. Governor Andrew Cuomo directed the Department of State to issue new regulations in light of Newsday’s report, which was published in November. On December 16, the State Board of Real Estate — which ... by Staff Writer
logo

Welcome to our new website!

To see what’s new, click “Start the Tour” to take a tour.

We welcome your feedback. Please click the
“contact/advertise” link in the menu bar to email us.

Start the Tour
Landscape view not supported