Reduced: Springs Cottage Near Bay 519K

27874hhTHIS COTTAGE, of indeterminate age, is on Neck Path, where old farmhouses date back to when the winding road between Amagansett and Springs was called a highway. It’s near the Green River cemetery where local icon Jackson Pollock is buried, and a short way from legendary Louse Point, one of the most beautiful bay beaches in the area, and the best kayak launch.

Above: Rear of property, with former garage converted to artist’s studio at left

And it’s still on the market after a year, like many of the houses around here. The price has come down $80,000 from last year’s listing.

What that says about the market is, well, not good. Even worse is the fact that last year, the asking price of 599K didn’t seem unreasonable to me. Today it seems high. This worries me as a homeowner always interested in the possibility of selling my present place and trading up.

But it’s still a cute house with a vintage vibe, in top-notch condition and in a pleasant spot.

Go here to see the current listing with more pics, and here to read my enthusiastic post of a year ago. It was a buyer’s market then as now, but apparently, buyers are not buying.

About cara

I blog for fun here at casaCARA, and write about architecture, interiors, gardens and travel for many national magazines and websites. My recently published posts and articles can be found here: https://casacara.wordpress.com/recent-articles/
This entry was posted in COTTAGE LIVING, HAMPTONS, LONG ISLAND, PROPERTIES FOR SALE, REAL ESTATE/INVESTING and tagged , , , , , , , , , . Bookmark the permalink.

4 Responses to Reduced: Springs Cottage Near Bay 519K

  1. Elke says:

    IF ONLY I COULD!!! I HAVE BEEN THINKING OF GETTING MY LOOM OUT OF MOTH BALLS……….PERFECT PLACE IN THIS REGARD….IF ONLY I HAD A GENTLEMEN FRIEND TO SHARE IT WITH….@/!?!/*?0(#!?

  2. Coppermaven says:

    I’m sorely tempted but finances are too tied up right now. Are lots of places reduced?

  3. cara says:

    You should do it, cop! Yes, there are reductions; lots of places sitting on the market. They’re good places; it’s just that the market sucks, and the asking prices need to be even lower.

  4. Reed says:

    This one is now in contract, the HREO website says. Guess the $80K reduction did the trick!

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