rom the ocean according to the Wall Street Journal, and has deeded beach access. McEvoy and Sherman bought the seven-bedroom, nine-bathroom house from Elena Ford for $5.495 in 2000. [WSJ]
Tiny Sag Harbor fixer-upper sells $115K above ask
A 750-square-foot cottage in Sag Harbor sold for $965,000, earning $115,000 more than the asking price. The two-bedroom, one-bath fixer-upper was on the market for a month before going into contract. Michael Daly of Douglas Elliman had the listing for the quarter-acre property on Grand Street. [Curbed]
Southampton draws first two names in affordable housing lottery
Southampton s new affordable housing development Tuckahoe Woods has its first possible owners, after the town held a lottery drawing last week. Of the 252 people who applied, James White of Southampton and Jen Tabares of Hampton Bays will each have the chance to buy a newly built home for $332,400 — far less than the $1 million estimated market value. The lottery winners will need to prove they meet maximum income levels set by the Department of Housing and Urban Development before they are allowed to purchase the homes. [Southampton Press]
Tags: affordable housing, bridgehampton, Hamptons, joe farrell, montauk, sag harbor
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