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:

Harry Macklowe Lists in East Hampton for $38 Million

Developer and real estate magnate Harry Macklowe is selling his East Hampton Village “trophy” property, ... 1 Mar 2024 by Staff Writer

North Haven Waterfront Home and Vacant Parcel Sell for $10.4 Million

A pair of adjacent North Haven properties, one developed, one vacant, and totaling 3.5 acres, ... 23 Feb 2024 by Staff Writer

Get Ready for Real Estate Drama: ‘Selling the Hamptons’ Season Two Comes to Max on March 1

Ashley Allen is not shy about her opinion of “Selling the Hamptons.” After watching season ... by Michelle Trauring

Real Estate Analyst Gives 2024 Hamptons Outlook | 27Speaks Podcast

 Real estate market analyst Jonathan Miller of appraisal firm Miller Samuel Inc. recently joined ... 22 Feb 2024 by 27speaks

Real Estate Pros Take the Pulse of the Real Estate Market at Express Sessions

A lack of inventory, particularly a dearth of affordable homes, dominated the conversation last week ... 21 Feb 2024 by Brendan J. O’Reilly

Jim Larocca: Real Estate Industry Should Be More Involved in Advocating Affordable Housing

Jim Larocca, the former mayor of Sag Harbor Village, attended “Taking the Pulse of the ... by Brendan J. O’Reilly

Jane Holden: The Upcoming Generation Can’t Afford To Stay in Sag Harbor

Jane Holden, an associate broker with Brown Harris Stevens of the Hamptons, grew up in ... by Brendan J. O’Reilly

East End Roundtable: Hamptons Real Estate Pros Reflect on 2023 and Share 2024 Outlook

Anyone who was waiting in 2023 for Hamptons home prices to fall was disappointed. The ... 15 Feb 2024 by Moderated by Brendan J. O'Reilly

Tech in Real Estate: Not a Replacement for Agents, but Another Tool in the Toolbox

Associate broker Deborah Srb has been in the real estate business for 30 years and ... by Brendan J. O'Reilly

In the Face of Low Inventory, Homeowners Are Focusing on Home Maintenance and Updates

Pandemic dynamics, rising mortgage rates, a burgeoning work-from-home movement and low unemployment rates may have ... by Joseph Finora