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50 Old Orchard Ln, East Hampton, NY 11937

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For Sale

$1,950,000

3 beds • 2 baths • 2,400 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $812.50
    Price per square foot

  • 41-50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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
MLS# 11265171

Courtesy Of Simon Harrison Real Estate, LLC

(631) 725-4357

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Dock
  • Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Architecture Style
    Contemporary
  • Cooling System
    Central A/C
  • Fireplace
    Fireplace
  • Floor Covering
    Hardwood, Tile
  • Heating System
    Fireplace, Forced Air
  • Lot Size
    1.53 Acres
  • Rooms
    Basement, Den, Kitchen

Map and Directions

Directions to 50 Old Orchard Ln, East Hampton, NY 11937

Home seller CENTURY 21 Excelsior Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Excelsior Realty

(631) 734-0390
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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