50 OLD ORCHARD LN, East Hampton, NY 11937

27 Photos
 
$1,799,000
Active for Sale
3 Beds
2 Baths
2400 SF
Built In 1982
 
Listing ID 11265171
Property Type House
County Suffolk
Township East Hampton
School East Hampton
Total Tax $10,603
Tax ID 0300-142.000-01-000.011/022
FEMA Flood Map fema.gov/portal
Year Built 1982
   
Virtual Tour
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
Property Details
  • 3 Total Bedrooms
  • 2 Full Baths
  • 2400 SF
  • 1.53 Acres
  • Built in 1982
  • 2 Stories
  • Available 5/20/2024
  • Contemporary Style
  • Full Basement
  • Lower Level: Unfinished
Interior Features
  • Open Kitchen
  • Laminate Kitchen Counter
  • Oven/Range
  • Refrigerator
  • Dishwasher
  • Microwave
  • Washer
  • Dryer
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • 6 Rooms
  • Den/Office
  • Primary Bedroom
  • Kitchen
  • 1 Fireplace
  • Forced Air
  • Oil Fuel
  • Central A/C
Exterior Features
  • Frame Construction
  • Cedar Shake Siding
  • Cedar Roof
  • Private Well Water
  • Private Septic
  • Pool: In Ground
  • Deck
  • Wooded View
Taxes and Fees
  • $5,997 School Tax
  • $3,706 County Tax
  • $10,603 Total Tax
  • HOA: Old Orchard Property Owners Association
Listed By
Simon Harrison Real Estate
Office: 917-539-6745
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