Real Estate News

Real Estate News / 1777871

Sagaponack Pondfront Traditional Sells For $7 Million

8 Photos

33 Herb Court, Sagaponack. COURTESY SAUNDERS

A south-of-the-highway, pondfront gambrel traditional in Sagaponack built in 2008 recently sold for $7.09 million, according to The Real Estate Report Inc.

The address is 33 Herb Court, off Town Line Road and close to Town Line Beach. The residence has five en-suite bedrooms including first- and second-floor master suites, and three half baths. A two-story great room with a wall of windows and glass doors is light-filled and offers “dazzling views,” according to the Saunders & Associates listing.

There are seven wood-burning fireplaces throughout the house plus a fireplace in the three-season porch and a fire ring in the garden.

The 20-foot-by-60-foot lap pool with a hot tub is complemented by a large outdoor shower. A bluestone patio facing the pond and bluestone pathways were added in late 2019. The landscaping details include high hedges, roses and hydrangeas, plus a new raised bed garden.

Also among the amenities are a two-car garage, a Sonos sound system and two private association tennis courts.

The deal closed on April 8. Aaron Warkov of Saunders & Associates had the listing.

One-Time Summer Home Of Mets Owner Steve Cohen Sells For $23 Million In East Hampton

A 2-acre East Hampton estate with a recently expanded 9,795-square-foot residence recently sold for an ... 22 Jun 2021 by Staff Writer

East End Community Housing Fund Bill Heads To Governor’s Desk

State Assemblyman Fred W. Thiele Jr.’s bill to allow the five East End towns to establish Community Housing Funds — like the Community Preservation Fund but for affordable housing initiatives — has passed in both houses of the State Legislature and now goes to Governor Andrew Cuomo for his signature or veto. The legislation would permit towns to use Community Housing Fund proceeds to provide financial assistance to first-time homebuyers for up to 50 percent of the purchase price and would allow towns to underwrite the production of housing for sale or rent. The money could also be used for ... by Brendan J. O’Reilly

The Latch Southampton Village Recognized For Historic Preservation

Vision Long Island recently awarded the Beechwood Organization, one of the biggest builders in New ... by Staff Writer

A Flash In The Pan Or The New Normal?: Hamptons Real Estate Pros Examine Lasting Effects Of The Pandemic

The COVID-19 pandemic has permanently changed the nature of the Hamptons real estate market and ... 16 Jun 2021 by Brendan J. O’Reilly

OLA To Help East End Residents Gain Access To Rental Assistance

Suffolk County has designated OLA of Eastern Long Island to help East End residents gain access to rental and utilities assistance through New York State’s Emergency Rental Assistance Program. The relief is available to low- and moderate-income households at risk of experiencing homelessness or housing instability and includes help for paying back rent, future rent and overdue utility bills. The Emergency Rental Assistance Program also includes a method for the landlord to apply directly. Either way, payments will be sent directly to landlords. “Immigrant community members, especially if they are undocumented, can be extremely vulnerable to exploitation by landlords,” said ... 14 Jun 2021 by Staff Writer