- Bedrooms: 3
- Bathrooms: 3
- Parking: 2
- Size: 121.42 m²
- Price: $1,695,000
Now Offered at $1,695,000 Exceptional Value in Sag Harbor Village Opportunities like this are becoming increasingly rare. Just under a half-mile to Sag Harbor Village center, with direct sidewalk access to town, this 0.24-acre property offers what the market is craving: scale, location, and significant upside potential. On the corner, a vibrant community park boasts a recently renovated playground and tennis courts, with new pickleball courts slated for Memorial Day, adding immediate lifestyle appeal to an already prized setting. The existing 3-bedroom, 3-bath home blends historic character with thoughtful updates, while a substantial detached garage with high ceilings presents endless potential—studio, gym, workspace, or future conversion. But what truly sets this property apart is the untapped development potential: Currently utilizing only 5% of the allowed Gross Building Area (20% permitted), offering a rare opportunity to significantly expand, reimagine, or create a custom compound within the village. Whether you are a builder, investor, or a visionary end-user, the upside potential here is undeniable. Add to this a proven rental history, including additional income from the g