No, there is not a zero missing in this headline. While jaw-dropping price tags consistently flood the market on the East End, a charming Shelter Island home is currently available for $999,000.
You might be thinking, what’s the catch? While one may anticipate that the 2,500-square-foot haven newly on the market needs updates or a major TLC, a 2014 renovation refreshed the spaces completely. Displaying a coastal, light, and open feel inside with typical Hamptons shingle-style on the outside, all the house requires is a new owner’s personal furnishings and décor.
Boasting five bedrooms, two bathrooms, and space for entertaining inside and out, it gives you a sweet foundation and you can always add more amenities through the years. The property may not come with a pool, but there is space for one. Plus, it puts you just moments away from the water.
For someone with a vision to put long-lasting roots down here or to embark on a profit-focused real estate endeavor, the adjacent lot is also up for sale. Can you say compound? It’s certainly easy to envision, and an opportunity like this at such a reasonable price point rarely comes along.
Hedgerow Exclusive Estates holds the listing, which wanted $1.275 million when it first listed this month.
