50 OLD ORCHARD LN, East Hampton, NY 11937
| Listing ID |
910747 |
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| Property Type |
House |
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| Township |
East Hampton |
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| Hamlet |
East Hampton |
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| Area |
East Hampton Village Fringe |
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| School |
EAST HAMPTON UNION FREE SCHOOL DISTRICT |
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| Total Tax |
$10,603 |
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| Tax ID |
0300-142.000-01-000.011/022 |
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| FEMA Flood Map |
fema.gov/portal |
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| Year Built |
1982 |
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Rare Investment Opportunity - Price Improvement
PRICED TO BE SOLD AS IS Power Point presentation link: https://1drv.ms/p/s!AnF0rIEWfCMV4BlRJRj4NscTYwEZ?e=aFugXK The Subdivision: Old Orchard is a 38 lot development surrounded by reserves in perpetuity, deeded to Old Orchard Property Owners Association (OOPOA). Located 1.5 miles from the center of the village of East Hampton in a serene & tranquil country setting. The Lot: 1.531 acres with an adjacent .412 acre reserve that buffers Hand Creek road. The House: PROS: -The original duct work, HVAC, Hot Water Heater, well pump and holding tank have been upgraded and replaced Amenities include: 500 gallon propane tank, multi zone expandable irrigation system, and alarm system. CONS: Requires the following: new roof, the pool needs to be rebuilt (Quote $17,000), new decks, Kitchen and baths need to be completely renovated, buried oil tank True investment opportunity with several options as follows: 1. Knock down and build 2. Restore the house to it's original unique architectural design created by a renowned architect. 3. Restore with modifications adding a bath and a half,renovate existing kitchens and baths, restore pool, new decks and new roof (approx. cost $300,000). 4. The house has excellent expansion possibilities with designs by a well known Build & Design company (that are available) which includes: 4 bedroom suites, 4.5 baths, 3 fireplaces, 3 car garage, new pool in a new location with an adjacent outdoor kitchen, fireplace and entertaining deck. All four options offer an excellent risk/reward scenario There is a power point available with more details and Comparative Market Analysis information: Power Point presentation link: https://1drv.ms/p/s!AnF0rIEWfCMV4BlRJRj4NscTYwEZ?e=aFugXK
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- 3 Total Bedrooms
- 2 Full Baths
- 2400 SF (AG)
- 1.53 Acres
- Built in 1982
- 2 Stories
- Available 5/29/2024
- Contemporary Style
- Full Basement
- Lower Level: Unfinished
- Renovation: -All the original duct work, HVAC, Hot Water Heater, well pump and holding tank have been upgraded and replaced.-There is a buried oil tank that should be abandoned, multiple-zone expandable irrigation system, alarm system
- Open Kitchen
- Laminate Kitchen Counter
- Oven/Range
- Refrigerator
- Dishwasher
- Microwave
- Washer
- Dryer
- Ceramic Tile Flooring
- Hardwood Flooring
- 6 Rooms
- Den/Office
- Primary Bedroom
- Great Room
- Kitchen
- First Floor Bathroom
- 1 Fireplace
- Alarm System
- Forced Air
- 2 Heat/AC Zones
- Oil Fuel
- Central A/C
- Frame Construction
- Cedar Shake Siding
- Cedar Roof
- Private Well Water
- Private Septic
- Pool: In Ground, Vinyl
- Pool Size: 18 x 36
- Deck
- Outdoor Shower
- Irrigation System
- Driveway
- Corner
- Survey
- Trees
- Wooded View
- $5,997 School Tax
- $3,706 County Tax
- $900 Other Tax
- $10,603 Total Tax
- Tax Year 2024
- HOA: Old Orchard Property Owners Association
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Simon Harrison Real Estate
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Listing data is deemed reliable but is NOT guaranteed accurate.
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3
Beds
2
Baths
2400
SF
Built In
1982
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