SOUTHAMPTON VILLAGE SOUTH OF THE HIGHWAY — NEAR OCEAN
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105 Little Plains Road, Southampton NY
105 LITTLE PLAINS ROAD — SOUTHAMPTON VILLAGE SOUTH OF THE HIGHWAY
- Straight down the street from Little Plains Beach
- .3 miles to shops and restaurants
- .60 acre double-sized lot
- Adjacent to the Village Historic District
- Presently 3 bedrooms, 1.5 baths w/separate artist studio
- Development rights for 4,624+ sq. ft. home or sub-dividable
- Priced below market! Exclusive $2,395,000….
This 105 Little Plains property is 26,035 sq. ft. and has development rights to build a house with first and second story living space of 4,624 sq. ft. (The developmental rights formula in the village is the property size x 12% + 1,500, or in this situation 26,035 sq. ft. x .12 + 1,500 = 4,624 sq. ft.) Additionally in the village there is additional development rights of 25% of the second floor living space for the third (attic) floor and unlimited living space in the lower (basement) level. There is plenty of additional room for a pool, pool house and garage as the formula in the village for lot coverage is property size x 14% + 1,5000 or 5,154 sq. ft.
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105 Little Plains Road (lot size .60 acre) Recently Sold Comparables located within 1/2 mile –
note their significantly smaller lot sizes:
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240 LITTLE PLAINS ROAD (subsequently torn down)
sold: January 23, 2013
price: $2,400,000
3 bedrooms 2 bath 1852 sq.ft. stucco cottage circa 1925
.31 acre w/ heated gunite pool
map it
229 TOYLESOME LANE (subsequently torn down)
sold: June 29, 2012
price: $2,300,000
3 bedroom 2 bath 1524 sq.ft. ranch circa 1960
.39 acre w/gunite pool
map it
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44 HUNTTING STREET (subsequently torn down)
sold: December 19, 2011
price: $2,575,000
4 bedrooms 3 bath 2400 sq.ft. cape
.33 acre w/heated gunite pool
map it
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110 POST LANE (subsequently torn down)
sold: October 31, 2011
price: $2,300,000
2 bedrooms 1.5 bath 1120 sq.ft. cottage
.40 acre w/room for a pool
map it
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34 POST LANE (subsequently gutted & added onto)
sold: September 26, 2011
price: $2,275,000
3 bedrooms 2 baths 2500 sq.ft. cape
w/1 bedroom 1 bath apartment
.34 acre w/room for a pool
map it
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54 HUNTTING STREET (subsequently torn down)
sold: May 17, 2011
price: $2,478,000
3 bedrooms 2 baths 1674 sq.ft.
.30 acre w/heated gunite pool
map it
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