Waterfront North Haven Cape Sells for $14 Million - 27 East

Real Estate News

Real Estate News / 2219675

Waterfront North Haven Cape Sells for $14 Million

icon 5 Photos
48 Forest Road, North Haven. COURTESY MODLIN GROUP HAMPTONS

48 Forest Road, North Haven. COURTESY MODLIN GROUP HAMPTONS

48 Forest Road, North Haven. COURTESY MODLIN GROUP HAMPTONS

48 Forest Road, North Haven. COURTESY MODLIN GROUP HAMPTONS

48 Forest Road, North Haven. COURTESY MODLIN GROUP HAMPTONS

48 Forest Road, North Haven. COURTESY MODLIN GROUP HAMPTONS

48 Forest Road, North Haven. COURTESY MODLIN GROUP HAMPTONS

48 Forest Road, North Haven. COURTESY MODLIN GROUP HAMPTONS

48 Forest Road, North Haven. COURTESY MODLIN GROUP HAMPTONS

48 Forest Road, North Haven. COURTESY MODLIN GROUP HAMPTONS

authorStaff Writer on Dec 5, 2023

A waterfront North Haven home fronting Sag Harbor Bay and facing Mashomack Point and the sunrise has sold for $14 million.

At 48 Forest Road, the five-bedroom New England cape high on a terraced bluff has been meticulously renovated and expanded since its original build in the 1940s, according to the listing from Modlin Group Hamptons.

Each bedroom has views of the harbor, as do the living and dining rooms. Three bedrooms are on the main level while a guest suite and the primary suite, with a sitting area, office, walk-in closet and an expansive bathroom, are upstairs.

The waterside heated gunite pool has a 50-foot lap lane set among hand-laid stone terraces.

The property is approximately 1.5 acres and bulkheaded, with a boathouse cabana that could not be replicated today, according to the listing. Below the bulkhead is a 200-foot stretch of sandy beach and a 240-foot dock out to deep water that can accommodate a large boat and a seaplane.

Christopher Covert and Bérengère Gabet of Modlin Group Hamptons had the listing.

“48 Forest is a very special property in that the home is of a bygone era, a true classic cottage that has been incredibly well kept and updated over time, and maintains a charming nautical vibe without being cliche,” Covert said. “It is great that a buyer came in and appreciates it for what it is and will not be tearing it down. There are very, very few of these left.”

The deal closed on October 20, according to Suffolk Vision Inc., which reported the seller is 48 Forest LLC and the new owner is ZEK Holdings 48 Forest Road LLC.

You May Also Like:

Appeals Court Sides With Landowner Over Southampton Village ZBA

Southampton Village has lost an appeal that sought to reinstate a Zoning Board of Appeals ... 12 Jun 2025 by Brendan J. O’Reilly

Last Parcel of Startop Ranch in Montauk Sells

The last plot of land at Startop Ranch in Montauk, 107 Startop Drive, has sold ... by Staff Writer

Hamptons Real Estate Roundtable, Memorial Day Weekend 2025 Edition

With Memorial Day weekend about to kick the Hamptons into high season, The Express News ... 22 May 2025 by Moderated by Brendan J. O’Reilly

Au-Delà Real Estate Vows To Go 'Beyond'

Au-Delà Real Estate, a new boutique real estate firm based in East Hampton, is now ... 20 May 2025 by Brendan J. O’Reilly

AI Helps Rental Seekers Find Homes That Match Their Aesthetic Preferences

Consumers increasingly have an expectation of superior, more personalized service based on their own particular ... by Steven Loeb

New Construction in Montauk Sells for a Nonwaterfront Record Price

A newly constructed modern home in Montauk just set a record for the highest price ... 9 May 2025 by Staff Writer

Protest Entry Challenges Hamptons Real Estate Monoculture

A Noyac architect took a different tack with his entry into this year’s AIA Peconic ... 7 May 2025 by Brendan J. O’Reilly

Hamptons Median Home Price Reaches $2 Million for the First Time

The first-quarter home sales reports for the Hamptons real estate market are in, and it’s positive news all around. The number of sales, the median sales price and the amount of inventory were all up, according to three different reports issued by area real estate firms. For the first time, the median sales price on the South Fork reached $2 million. The Elliman Report found that the $1 million to $5 million range dominated the Hamptons market, with sales nearly doubling. Across all price points, it was the sixth consecutive quarter of annual sales gains, and the number of sales ... 30 Apr 2025 by Brendan J. O’Reilly

UK Developer Buys Further Lane Property for $12 Million, Begins To Build Anew

At the end of last year, Paul Brennan and Martha Gundersen of Douglas Elliman quietly ... by Staff Writer

Going Once, Going Twice: Auctions Are an Alternative to Traditional Real Estate Listings

In the ultra-luxury market, the delta between a seller’s lofty expectations and the price that ... 23 Apr 2025 by Brendan J. O’Reilly