$3,995,000 Price Analysis    ♡   Amagansett, NY 11930 6 bed 5 bath 3,600 SqFt ($1109/SqFt) 7.3 acre lot. Built 1946 Listed 2023-08-24 | Ⓧ USDA Ineligible due to price & location near Amagansett |
Artist's Woods- A property steeped in the rich history of the mid-century Hampton's artist's movement.
Founded by the renowned Americn Postwar and Contemporary painter, Lucia Wilcox, in 1947, this estate holds a significant place in art history. Lucia Wilcox played a pivotal role in establishing the Amagansett artists' colony, a vibrant hub that hosted luminaries like Jackson Pollock, Frederick Kiesler, Max Ernst, Willem de Kooning, James Brooks and many others. Encompassing 7.3 +/- acres of pristine land, this flat parcel holds exciting possibilities, including potential subdivision. The property currently features two distinct residences: the main house, boasting 4 bedrooms and 2.5 baths and the studio/guest house, offering an additional 2 bedrooms and 2 baths.
However, the true potential of the expansive 7.3-acre parcel is limited by your imagination. There's ample space for a vast luxury home, a refreshing pool, a tennis court and even a guest house. In the heart of the coveted Amagansett enclave, this property's potential for subdivision is a rare opportunity. The subdivision plan could likely yield two generously sized 3.5+/- acre lots, both with ample room for a tennis court. Seize the chance to own a piece of Amagansett's hottest real estate and make your mark on this historically significant and promising canvas. Parcels with such remark able heritage and untapped potential are a rarity in the market - don't miss your chance to be a part of this extraordinary legacy.
Presented by Brian A. Buckhout at
COMPASS.
Property MLS #11199711 from MyStateMLS
1/2 Bathrooms: 1
Number of Fireplaces: 1
Lot Size Square Feet: 317988
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: 36103
Availability Date: 2023-08-18
Source Property Type: House (Detached)
Area: East Hampton
Source Neighborhood: East Hampton
Parcel Number: 0300-166.000-0003-010.000
Source System Name: C2C
Year Built: 1946
Property Age: 78
House Style: Traditional
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.