North Fork Real Estate Showcase Holiday Issue by M3 Media Group

HOL I DAY 2014

NASSAU POINT’S HIDDEN COVE E X C L U S I V E LY R E P R E S E N T E D B Y N I C O L E L A B E L L A A N D G A RY D E P E R S I A O F THE CORCORAN GROUP S E E PA G E 3 1

N O R T H F O R K R E A L E S TAT E S H O W C A S E . C O M

M O N TA U K | A M A G A N S E T T | E A S T H A M P T O N | S A G H A R B O R | B R I D G E H A M P T O N | S O U T H A M P T O N | H A M P T O N B AY S | Q U O G U E | W E S T H A M P T O N B E A C H 2488 MAIN ST, P.O. BOX 1251, BRIDGEHAMPTON, NY 11932. 631.537.5900 | © 2014 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.

VALUE PACKED WATERFRONT HOME Southold | $1,350,000 | On a deepwater basin with large dock and access to Peconic Bay. Features 4 bedrooms, 3-car garage, tennis court and guest cottage all on 1.19 acres. Web# 2659020 Tom Uhlinger C: 516.319.0323 | Sandra Wittich C: 631.559.9223

WINE COUNTRY WATERFRONT ESTATE Mattituck | $1,999,999 | Shy 3-acre setting features saltwater pool, tennis court, deep water dock, enchanting landscape and privacy. Gracious residence offers 2 master suites plus 2 bedroom cottage. Web# 2714993 Deborah Kusa C: 631.377.2871

MAGNIFICENT MEDITERRANEAN ESTATE Southold | $1,269,000 | Builder’s own immaculate brick and stucco home on 2.3 acres. 5 bedrooms, 3 baths, stunning gourmet kitchen, and custom details throughout. Close to beach. Web# 2712704 Tom Uhlinger C: 516.319.0323 | Kristy Naddell O: 631.298.6183

BAYFRONT PERFECTION Greenport | $1,349,000 | Greenport Bayfront. 2-story, 5-bedroom home in excellent condition with eat-in kitchen, formal dining, laundry room. Outstanding views and a beautiful beach. Won’t last. Web# 2718271 Paul Loeb C: 631.553.5255

BREATHTAKING SUNSETS Cutchogue | $1,195,000 | Sound front with 100 ft of bulkhead and stairs to beach. Enjoy water views from almost every room. 4 bedrooms, 2 updated baths, kitchen with granite tops, 2 sunrooms, outdoor shower. Web# 2709022 Kristy Naddell O: 631.298.6183

WATERFRONT RESTAURANT ON SCENIC INLET Mattituck | $1,200,000 | Superb views from main dining room. Open air deck. Historic pub. Fireplace. Transient dock. Garage. Staff quarters. Business and property included. Web# 2644241 Deborah Kusa C: 631.377.2871

NORTH FORK REGIONAL OFFICES

10200 Main Road, Mattituck, New York 631.298.8000 124 Front Street, Greenport, New York 631.477.2220

NORTH FORK COASTAL LIVING AT ITS BEST Southold | $899,000 | Sophisticated with a relaxed, beachy feel. 4 bedrooms, chefâ&#x20AC;&#x2122;s kitchen, huge family room opens to spacious yard with bay views. Impeccable taste and style with views of your deeded beach. Web# 2710482 Vicky Germaise O: 631.298.6146

LOCATION, LOCATION Cutchogue | $1,125,000 | 10-room Colonial with superb location on a corner lot adjacent to North Fork Country Club. Water views, 4 bedrooms, 3.5 baths, 5 fireplaces, Gunite inground pool. Web# 2681283 Mathew Hormann C: 631.332.1509

BRAND NEW RENOVATED WATERFRONT Mattituck | $799,000 | Cedar shake expanded Ranch with 3 bedrooms, 2 baths, wrap-around porch. Dock with easy access to LI Sound and 300 ft of waterfront. Open floor plan brings in water views. Web# 2702586 Tom Uhlinger C: 516.319.0323

PRESTIGIOUS MAIDSTONE LANDING Jamesport | $825,000 | Exceptional Condo nestled atop a scenic hill with picturesque views of LI Sound. Amenities include tennis courts, clubhouse with pool and health club. 25-acre pond and private beach access. Web# 2710380 Thomas McCloskey C: 516.680.0118

BACKS UP TO ACRES OF PRESERVED OPEN SPACE Southold | $679,000 | 3-bedroom, 2.5-bath Cape. Living room with fireplace, sunroom overlooks heated pool, 2-car garage on 1.2 acres. New solar panels. Web# 2697503 Kathleen Mazzaferro C: 631.871.4050 | Kathleen Rosenbaum C: 516.318.4177

UNIQUE 2-FAMILY HOME Greenport | $699,000 | Side by side newer 2-family house on a corner lot, near all in Greenport Village. Two houses share one common wall. Live in one and rent the other or rent both. Web# 2677825 Paul Loeb C: 631.553.5255

NORTH FORK REGIONAL OFFICES

10200 Main Road, Mattituck, New York 631.298.8000 124 Front Street, Greenport, New York 631.477.2220

PANORAMIC VIEWS OF PECONIC BAY Cutchogue | $2,350,000 | Spectacular Nassau Point bayfront home. High elevation, moments to private beach. Offers chef’s kitchen, great room with fireplace, 4 bedrooms, 3.5 baths. Web# 2674888 Co-Agent, Mathew Hormann C: 631.332.1509

QUALITY FINISHES THROUGHOUT Southold | $599,000 | Stylish Ranch on the Bayview Peninsula. High-end granite kitchen, hardwood floors, 3 bedrooms including master suite, 2.5 baths, den with fireplace, great room, artistic crafted wood moldings. Deck with hot tub. Web# 2710699

NORTH FORK CHARM Southold | $299,999 | Solid 2-bedroom Ranch with view of Hashomomaque Pond. Features hardwood flooring, newer roof, full basement and detached garage. Boat ramp access at end of street. Web# 2702416

KENNETH POLIWODA Lic. Assoc. R.E. Broker

O: 631.477.2220 ext. 13 | C: 631.379.6046 kenneth.poliwoda@elliman.com

2 FAMILY INVESTMENT PROPERTY Greenport | $469,000 | Two residences on 1 lot with leases. Classic Farmhouse refinished with original character; new roof, rugs with wood floor underneath. Cottage with kitchen, living room, dining area, upstairs bedroom and full bath, Greenport Electric. Web# 2690174

CUSTOM BUILT POST MODERN Mattituck | $639,000 | 1-level living with open layout. 3 bedrooms, master suite, 2.5 baths. Formal dining, oak floors, cathedral great room with fireplace off eat-in kitchen. Close to beaches, boating and wineries. Web# 2714449 René Giacobbe C: 516.551.4987

CHARMING CREEKFRONT HOME Cutchogue | $639,000 | Circa 1890. Overlooking Wunneweta Creek with deepwater dock and bay access. Features 3 bedrooms, 2.5 baths, living room with fireplace, kitchen with breakfast nook, sunroom. Web# 2684911 Tom Uhlinger C: 516.319.0323

BEAUTIFUL AND BRAND NEW Riverhead | $445,000 | Corner unit in 55+ community with outstanding views of courtyard. Spacious layout, crown moldings, kitchen granite tops, upstairs loft living area and office. Web# 2713686 René Giacobbe C: 516.551.4987

QUINTESSENTIAL NORTH FORK CHARM Mattituck | $500,000 | Rocking chair porch, 3 bedrooms, 1.5 baths, pool and additional building. Oil/Econoburn heating system. Orchard, heated greenhouse. Farmstand allowed. Web# 2710525 Janet Bidwell C: 631.255.4088 | Pamela Hogrefe C: 631.834.2341

BEAUTIFULLY UPDATED SOUTHOLD CAPE Southold | $395,000 | Many new features in this adorable Cape. Superb location, close to town, Jitney, train, etc. Great backyard with patio. 2 bedrooms,1.5 baths, deck and room for pool. Web# 2709874 Kristy Naddell O: 631.298.6183

BEACH FRONT COMMUNITY Laurel | $445,000 | Shares stairs and beach with 3 other homes. Well maintained, mature landscaping, single level with 3 bedrooms, 1.5 baths. A great getaway or retirement home. Web# 2700448 Ed Giordano C: 516.353.5585

NORTH FORK REGIONAL OFFICES

10200 Main Road, Mattituck, New York 631.298.8000 124 Front Street, Greenport, New York 631.477.2220

F E AT U R E S PAGE 31 COVER PROPERTY NASSAU POINT’S HIDDEN COVE Presented By Nicole Labella and Gary DePersia of The Corcoran Group

PAGE 14 BROKER SHOWCASE Lori Feilen Town and Country Real Estate

COVER PROPERTY

PAGE 24 MARKETWATCH It Was a Very Good Year

PAGE 26 WINDOWS NOT INCLUDED Ultra-Modern Prefab

PAGE 28 SHOWCASE SALES Recently Sold Properties on the North Fork

LOOK FOR OUR NEXT ISSUE: P R E S I D E N T S ’ D AY 2 0 1 5

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H O L I D AY 2 0 1 4

New Suffolk • Spectacular waterviewS Exclusive. Featuring stunning sunset views, this spacious home with a 2-story porch takes full advantage of the water vistas. Newly renovated, with cedar shake exterior, crisp white custom woodwork, kitchen with professional appliances and Carrara marble island. 3+ bedrooms, 3 baths, including master suite opening to upper deck. Set in the historic waterfront hamlet of New Suffolk with very low taxes. $1,499,000. WEB# 13565. Marianne Collins ▪ direct: 631.734.2957 ▪ macollins@bhsnorthfork.com Stanley Karanewski ▪ direct: 631.734.2954 ▪ skaranewski@bhsnorthfork.com

4-bedroom cape with pool • Southold Exclusive. Lovely cape in Harbor Lights. 4 bedrooms, 2.5 baths, family room, spacious eat-in kitchen and dining area. Open layout. First floor master suite with fireplace, central air, new deck, in-ground saltwater pool, private community beach. $695,000. WEB# 12271. Stanley Karanewski ▪ direct: 631.734.2954 ▪ skaranewski@bhsnorthfork.com

waterfroNt coNdo • GreeNport Exclusive. Greenport Harbor views from this perfectly situated end unit. Tucked away in a quiet corner of the sought-after Stirling Cove complex, this ground floor home features a waterside deck, 2 bedrooms, 2 baths, woodburning fireplace, hardwood floors, and its own boat slip. Community amenities include heated gunite pool, beach, and tennis courts. All in the heart of historic Greenport Village with its many restaurants, shops and galleries. $649,000. WEB# 22275. Marianne Collins ▪ direct: 631.734.2957 ▪ macollins@bhsnorthfork.com

T H E H A M P T O N S • N O r T H F O r k • N E W Y O r k C I T Y • PA l M b E A C H All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. All rights to content, photographs and graphics reserved to broker. Equal Housing Opportunity Broker. Brown Harris Stevens Westhampton & North Fork, LLC. 120 Front Street • Greenport, NY 11944 • 631.477.0551

global expertise. tailored service. christie’s credibility. As the only luxury real estate company wholly owned by a fine art auction house, Christie’s International Real Estate holds an enviable position as an industry leader with intimate ties to one of the most respected names in the world. A commitment to the business philosophy established by Christie’s in 1766 defines our approach - one that is founded on trust, integrity, discretion, and excellence.

turN-key home Near the beach • pecoNic Exclusive. New to the market. Move-in ready, mint condition ranch style home on nearly an acre. 3 bedrooms, 1.5 baths. Surrounded by farm land, near a boat launch area and bay beach. $449,000. WEB# 39547. Henrietta Chituk ▪ direct: 631.734.2951 ▪ hchituk@bhsnorthfork.com

mattituck • ideal reNovatioN project Exclusive. This 3-bedroom, 1.5 bath home offers a formal dining room, living room, kitchen, and screened porch. Conveniently located near town, schools and public transportation. Ideal renovation project. $339,000. WEB# 43699. Henrietta Chituk ▪ direct: 631.734.2951 ▪ hchituk@bhsnorthfork.com

A Better Way to Explore North Fork Real Estate

www.BrownHarrisStevens.com

Serving the North Fork since 1934

NASSAU POINT Stunning three-story modern beach house! One full acre of privacy situated atop protected bluff and Nassau Point’s finest sandy beach. Five plus bedrooms, three full baths, decks, porches, patio and a master bedroom balcony are the perfect blend of indoor/outdoor waterfront living! $1,985,000

JAMESPORT Bayfront estate. Craftsman-like style home. Established in 2005. Room for family and friends during the holiday weekends. Cook’s kitchen. Everyone’s favorite place to be! By appointment at $2,950,000

East Main Road, Southold 631-765-3416 www.lewisandnickles.com

Big E Farm

On the North Fork of Long Island, there’s a place, where horses race, grapes ripen in the sun, livestock roam the pastures and everlasting memories are made. This breathtaking place, is called Big E Farm. What started as a thoroughbred horse farm, has evolved into 200 acres that possess incredibly diverse characteristics. Suitable for elegant country living, venue for social functions, corporate retreats, or a fully operational Award Winning Vineyard. 113 acres under vine - Certified Sustainable, 17 buildings, including 9 barns, Wine Club Gallery, Event Gallery, Tasting Room, Culinary Education Center, 3 cottages and the Manor House. Big E farm, where each day is an adventure, each night a celebration. Let your vision unfold...

To view the video scan the QR code or visit http://bit.ly/BigEFarmListing

Corcoran’s #1 North Fork Agent 2005-2013 Multi-Million Dollar Club 2005-2013 NRT’s Top 100 Sales Associates, 2008-2013

Sheri Winter Clarry | Licensed Associate Real Estate Broker m: 631.848.7730 | o: 631.899.0613 | swc@corcoran.com www.sheriwinterclarry.com Real estate agents affiliated with The Corcoran Group are independent contractor sales associates and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. All dimensions provided are approximate. To obtain exact dimensions, Corcoran advises you to hire a qualified architect or engineer. Southold Office | 53795 Main Road | 631.765.1300

L E T TER

FROM

TH E

CE O PRESIDEN T / C EO

Jim Miller CO-PUB LIS H ER S

Kathy Silvanovich Claudette Greenstein CREATIVE D IR EC TO R

John Lasurdo

Photo: Mary Thames-Louis

DESIGN & P R O D U C T IO N

Welcome to the Holiday double issue of North Fork Real Estate Showcase. This time of year is always special on the North Fork – with all the holiday lights and decorations making for a festive atmosphere all around. Featured on this month’s front cover, Nicole LaBella and Gary DePersia of the Corcoran Group, present a pristine Nassau Point waterfront compound. The property comes complete with a main and guesthouse, each residing on their own acreage, along with separate docks. Come enjoy the holidays and New Year in this spectacular North Fork home. In our special end of year North Fork MarketWatch report, Ruth Thomas takes a closer look at how the local real estate market fared in 2014 (page 24). By all accounts, quite well! For most brokers, the year was one of their best ever. Waterfront and village locations were in high demand, with inventory tightening considerably in both of those areas. Prices continued to rise along with the decreasing supply. If you’re interested to see a sample of some recently sold properties, be sure to check out our Showcase Sales feature (page 28). Most brokers we spoke with anticipate 2015 will remain strong, as the North Fork continues to be a premier destination for second homebuyers here on the East End. If you’re thinking about going prefab, be sure to check out Laurel Berger’s feature on a very different modernist design by architect Rocio Romero (page 26). These high-end kit houses might be an idea whose time has come here on the East End. We think it’s definitely something to consider. All of us at NFRES would like to thank our readers and advertisers for their incredible support this past year. We wish everyone a very happy holiday season, and a healthy and prosperous New Year.

Jim Miller President & CEO

James Calandr ino Mich ael Pope CONTRIBUTIN G ED ITO R S

Ruth Thomas Laurel Berger Anne Halpin Heather Br yce FINANCE D IR EC TO R

Ellen Miller PHOTO G R A P H Y

Mar y Thames-Louis Jake Rajs PR & EV EN T S

Hamptons Creative Group WEBSITE DESIGN A N D M A IN TA IN EN C E

Dead On Design Inc. NorthForkRealEstateShowcase.com MEM B ER

Nor th Fork Chamber of Commerce Hamptons & Nor th Fork Realtor s Association Southampton Ch amber of Commerce Long Island Board of Realtor s

120 Windmill Lane Southampton, NY 11968 phone: 631-353-3350 f ax: 631-353-3349 advertising: info@m3-mediagroup.com North Fork Real Estate Showcase magazine is published 12 times a year by M3 Media Group, LLC. The entire contents of North Fork Real Estate Showcase magazine is copyrighted c 2014. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without permission from the publisher. North Fork Real Estate Showcase magazine accepts no responsibility for the return of unsolicited manuscripts and/or photographs and assumes no liability for products or services advertised herein. North Fork Real Estate Showcase magazine reserves the right to edit, rewrite or refuse material. Printed in the USA.

NFR

North Fork Real Estate Inc.

B R OK E R

SHOWCA SE

LORI FEILEN PA S S I O N A N D A P P R E C I AT I O N

Prime Orient Point Exclusive $769,000 WEB# 18014

NFRES: As one of the more seasoned real estate agents on the North Fork, what sets you apart from others? LF: I have a real passion for architecture, garden design, dĂŠcor and art, and an appreciation for what each unique community offers here on the North Fork. So I really appreciate my work on a deep level which contributes to my success. Equally important for my buyers and sellers is the tremendous focus, quantitative and qualitative assessment skills that I apply to each and every transaction as well as a natural encyclopedic knowledge of every neighborhood and their real estate transaction histories. I also have over 30 years in sales and marketing.

NFRES: What do you like to do on the North Fork...after selling real estate of course? LF: My favorite activities are spending time outdoors on the incredibly dramatic Bay and Soundfront beaches with my dogs, strolling with friends in one of the nature preserves, the greatest coffee and snacks everyday at the historic Orient Country Store, dining at the excellent restaurants and relaxing at Croxteaux and Mattebella Vineyards in Southold, going to my favorite yoga and organic juice bar in Southold,The Giving Room, wrapping up the day with a stunning sunset beach pot luck picnic with friends and family, clamming, boating, and antiquing around Greenport at Bell and Beal.Too much to list! NFRES: Can you tell us about some of your more notable sales? LF: It was a sale of 12 acres of gorgeous rolling meadows tucked away down a long winding private estate driveway with 450 feet of private 14

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H O L I D AY 2 0 1 4

wide open soundfront beach in Orient with the most stunning views. The seller was in Asia, then they were in the Maldives...it was hard to find them! One of the buyers was in Italy, my buyer was here in New York. I was negotiating through 3 time zones for over a week in a bidding war and I was up at all hours of the day and night and available on the phone whenever I needed to be, most of the time between 1 am and 3 in the morning....That was rough! My buyer won the bid, and was thrilled to have the property for 3.6 million. NFRES: What is the hot neighborhood right now to buy in? LF: The entire North Fork has been a consistent and excellent investment over the last 20 years. My clients who buy property in the North Fork in any of the communities just love the rural untouched nature, the peaceful communities with working farms, a growing artisan food culture and world class restaurants, art and vineyards, all in the backdrop are numerous gorgeous beaches and boating.The North Fork is a way of life-- itâ&#x20AC;&#x2122;s not just a great monetary investment, but a chance to step off the fast lane and appreciate everything the country life has to offer.

Lori Feilen Licensed Sales Associate Town and Country Real Estate 631.234.0876 lfeilen@1townandcountry.com

SOUTH JAMESPORT This Gorgeous Sugar Beach Mere Steps From Mint C. 1920 Cottage EXCLUSIVE I WEB# 45148

$509,000

Kate Carpluk, Licensed Associate Real Estate Broker 631.838.7608 (c) KCarpluk@1TownandCountry.com

GREENPORT 34+ Acre North Fork Farm 2 Acre Building Lot EXCLUSIVE I WEB# 00078 Joan Bischoff, Licensed Associate Real Estate Broker 631.948.0234 (c) JBischoff@1TownandCountry.com

CALVERTON Commercial 7 Acres w/Lodge Home, Barn, Lux Pool, Zoned IND A EXCLUSIVE I WEB# 19346

$979,000

Kate Carpluk, Licensed Associate Real Estate Broker 631.838.7608 (c) KCarpluk@1TownandCountry.com

$1,459,000

SOUTHOLD Cedar Beach Estate Compound EXCLUSIVE I WEB# 47883

$1,499,000

Nicholas Planamento, Licensed Associate Real Estate Broker 631.948.0143 (c) NPlanamento@1TownandCountry.com

PROFESSIONALISM AT ITS HIGHEST LEVEL

SOLD

$1,200,000

SOLD

$505,000

$2,200,000

IN CONTRACT $1,695,000

SOLD

$725,000

SOLD

$400,000

SOLD

$1,365,000

SOLD

$1,800,000

IN CONTRACT $1,100,000

$880,000

$1,750,000

IN CONTRACT

$1,149,000

SOLD

$769,000

SOLD

$910,000

WISHING YOU A WONDERFUL

SOLD

$1,635,000

SOLD

$649,000

IN CONTRACT $1,495,000

$685,000

SOLD

$550,000

$670,000

SOLD

$3,100,000

The New Year provides a wonderful opportunity to reflect on the most important things in our lives including our current home. If this time of year finds you making decisions about your current or future residence; allow me to help you! Let me provide you with my expertise and unique multi-faceted approach for listing and selling your residence. I can find just the right buyer for you. Donâ&#x20AC;&#x2122;t wait until the spring, I have buyers waiting right now. -Lori

$1,365,000

$630,000

SOLD

$1,750,000

SOLD

$979,000

HOLIDAY SEASON LORI M. FEILEN Licensed Real Estate Salesperson 631.834.0876 (c) LFeilen@1TownandCountry.com

$800,000

SOLD

QUINTESSENTIAL COTTAGE ON THE BAY Mattituck.

SOLD

$1.15M

DELIGHTFUL ESTATE WITH DEEP WATER DOCK - MATTITUCK Mattituck | 4 BR | 3 BA | 2,230 SF+/- | .50 Acres | Exclusive.

$2.099M

IN CONTRACT

NORTH FORK BAYFRONT - EAST MARION East Marion

BAYFRONT PARADISE Westhampton Dunes

$1.125M

$849K WEB# 44225

FARM HOUSE WITH AMAZING VISTAS Cutchogue

$795K

CUTE AS A BUTTON CAPE - PECONIC Peconic | 3 BR | 3 BA | 1,400 SF+/- | 0.49 Acres | Exclusive. $399K WEB# 42798

2013 #2 Producer - North Fork 2013 Multi-Million Dollar Club Patricia F. Gleason Licensed Associate RE Broker m: 516.695.2825 | pgleason@corcoran.com

Real estate agents affiliated with The Corcoran Group are independent contractor sales associates and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. North Fork Office | 53795 Main Road Southold, NY 11971 | 631.765.1300

2014 North Fork Designer Show House During the holiday season, my thoughts turn gratefully to those who have made my success possible. To all who have contributed...

Thank you. May your holiday be filled with joy and the new year bring you peace and happiness.

Marykate DiGregorio Lic. Associate RE Broker o: 631.899.0616 | m: 631.235.4675 kate.digregorio@corcoran.com

Colony Realty 1327 Main Road, P.O Box 678 Jamesport, New York 11947

Specializing in Equestrian Properties

Tel: 631-722-5800 Fax: 631-722-5951 Residential - Commercial - Waterfront

GREENPORT: Soundfront! On 2.7 acres, the garden house is designed for large gatherings that include 3 guest wings, 8 BRs, 6..5 BAs, all accessing courtyards, garden and patios. Large central room with open floor plan, great room, kitchen, dining room, hot tub room, fire pit, tennis court & detached 3-car garage with studio. $1,995,000

RIVERHEAD/NORTHVILLE: Waterview! 7.8 acres with traditional cedar-shingled 2-story. LR/FP, 4 BRs & 1 BA. Detached garage with workshop and a lovely barn with 4 stalls. Rolling property makes this ideal for horses or grapes. Room for pool and tennis. All with deeded beach rights. $2,900,000

BAITING HOLLOW: Waterfront Elegant and Sleek Contemporary Home. Tri-level living space with roof-top sun deck with commanding views of the LI Sound east and west. 4 bedrooms, 3 baths, great room with fireplace and gourmet kitchen. Mahogany deck, CAC, hardwood floors and garage. Unique and sophisticated. $1,599,000

LAUREL: 130â&#x20AC;&#x2122; of Bayfront with beautiful panoramic views. Country 2-story features detached 2-car garage with studio, 4 BRs, 2.5 baths, LR/fireplace, family room, large kitchen with dining area. Deck & covered porch. Room for a pool. $1,250,000

AQUEBOGUE: Waterfront! Custom 3-story home on deep water. 6â&#x20AC;&#x2122; low tide. Panoramic views! Granite kitchen, dining area, living room with gas fireplace, large deck, 5 BRs, 3 BAs, hardwood floors and 1-car garage. Dockage for 5 boats! $899,000

RIVERHEAD: Waterviews galore! New custom built elegant post modern! 3,300 sq. ft. 4 BRS, 3 Baths, LR, DR, EIK, Family Rm, 4 fireplaces, Hardwood floors, hardy plank siding, unfinished bonus room & walk out basement. This home is a wow and you are at the beach. $899,000

Colony Realty 1327 Main Road, P.O Box 678 Jamesport, New York 11947

Specializing in Equestrian Properties

1327 Main Road P.O. Box 678, Jamesport, New York 11947 www.colonyrlty.com

JAMESPORT: Waterview! Close to sugar sand bay beach. Beautiful Post Modern. Hickory wood floors, 3 balconies, open sitting room and outdoor shower. Lovely open floor plan with elevator. 3 BRs, 2 full baths and 2 half baths. $799,000

MATTITUCK: Lakefront! Panoramic views. Secluded Country Ranch. 3 BRS, 2.5 BAs, lg. LR/ FP, dining area, eat-in kit., salt-water in-ground pool overlooking lake and fishing dock. HW flrs, 2-car garage & full bsmt. $799,000

JAMESPORT: Custom Built Cape: Elegant 4 BRs, 3.5 BAs, LR, EIK, DR, library & office. Extended quarters w/ kitchenette. Mahogany porches, 2-car gar. & full 9â&#x20AC;&#x2122; bsmt. Borders farmland. Close to beach! $799,000

RIVERHEAD: Are you looking for a true North Fork home? This is it! Deeded beach with no cliff! 4 BR, 2 bath raised ranch on 2 acres. Fireplace, office, garage & patio. Fenced for horses with run in shed. Amazing farm views and rolling pasture. $595,000

BAITING HOLLOW: Beachfront year- round cedar shingled retreat. Watch the sunrises and sunsets from the great room. EIK with center island & stainless steel appliances. 1 BR, full bath with jacuzzi tub. Teak floors. Beautiful outdoor area. $599,000

JAMESPORT: North Fork Sound front dreamy cottage, escape to this beachfront retreat 2 BR plus Sleeping Loft & 1 Bath. Great Room, Kitchen, Dining Area. Enclosed porch. Full basement. Easy access to Long Island Sound. Incredible Sunsets! Superb wine country location. $699,000

CALVERTON: Ultra private lakefront on 7.8 acres with earthy 2 BR cottage with contemporary flair. Rustic beam wood ceiling. Modern kitchen with center island. Open floor plan. Large laundry room. Full basement. New heating system. Out buildings. Great for horses! $549,000

JAMESPORT: Beautiful nature loverâ&#x20AC;&#x2122;s contemporary. Open floor plan. 3 BRS, 2.5 baths. New kitchen with stainless steel appliances. LR/fireplace, DR with new sliders to a large new deck. HW floors, Central air, full basement & garage. Views of the LI Sound from deck. $469,000

BAITING HOLLOW: Remote country setting on private road. Architectural gem In wooded waterview setting. 2 BR, 1 BR, LR/ Stone FP & EIK. Lodgelike detached art/studio, potting shed, garden shed. Escape NYC Retreat. $349,000

danielgale.com

Aquebogue, NY – Waterfront

Cutchogue, NY – Waterfront

East Marion, NY – Waterfront

Greenport, NY– Waterfront

Mattituck, NY – Waterfront

Mattituck, NY– Waterfront

Shelter Island, NY – Waterfront

Southold, NY– Waterfront

Southold, NY – Waterfront

SD #2. MLS# 2718442. $1,350,000. Matthew Gillies, 631.734.5439, c.516.779.0551

SD #10. MLS# 2668233. $1,250,000. Donielle Cardinale, 631.298.0300, c.631.872.9558

SD #10. MLS# 2681281. $1,325,000. Peggy Van Gorden, 631.477.0013, c.631.921.2130

SD #1. MLS# 2681020. $999,000. Linda L. McCarthy, 631.749.1155, c.631.745.2626

SD #9. MLS# 2708707. $905,000. Dougall C. Fraser, 631.734.5439, c.516.241.9528

SD #1. MLS# 2626007. $1,145,000. Denice L. Lara, 631.734.5439, c.631.734.5439

SD #9. MLS# 2708741. $1,350,000. Amy L. Kirincic, 631.734.5439, c.631.379.3138

SD #5. MLS# 2648985. $995,000. Frederick T. Markham, 631.734.5439, c.631.553.1484

SD #9. MLS# 2664560. $1,395,000. Carol A. Szynaka, 631.734.5439, c.917.640.2622

SD #1. MLS# 2648775. $1,150,000. Janet Markarian, 631.477.0013. c.631.521.3711

SD #9. MLS# 2702897. $879,000. Roque Alvarez, 631.477.0013, c.631.553.7029

SD #5. MLS# 2684206. $1,065,000. Jill Dunbar, 631.477.0013, c.631.278.5324

Cutchogue Office • 631.734.5439 Greenport Office • 631.477.0013 Mattituck Office • 631.298.0300

Shelter Island Office • 631.749.1155

Each office is independently owned and operated. We are pledged to provide equal opportunity for housing to any prospective customer or client, without regard to race, color, religion, sex, handicap, familial status or national origin.

HONESTY, INTEGRITY EXPERT LOCAL KNOWLEDGE W AT E

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SOUTHOLD: Get comfortable in this beautiful 2-story ranch & all of its special features. Your waterfront getaway is perfect for family gatherings & summer entertainment. Dock your boat or slide it right into the water with your own boat ramp. Soak in the hot tub and relax in a heated sauna. Solar panel system, shining sun room, & private greenhouse. The home of your dreams is finally here!

GREENPORT: With a building permit in place views of Pipes Cove are yours with this newly renovated 5 bedroom bayfront home, dressed with fresh new siding and a large back deck to relax and rewind. Step inside to enjoy ample entertaining space in the open great room flowing into the updated kitchen. The renovations don’t stop there! This is a must see!

SOUTHOLD: PRICE REDUCTION! Experience the best of North Fork waterfront living w/ scenic views over Corey Creek & your very own private backyard dock. Feel the sand between your toes in your private community beach. Tucked away in Laughing Waters, this hidden gem is minutes away from fishing in Shinnecock & dinner in Greenport. This property has all the amenities you need!

MLS# *1192775

MLS# 2601069

MLS# 2697952

EXCLUSIVE: $1,150,000

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EXCLUSIVE: $1,599,000

EXCLUSIVE: $599,000

SOUTHOLD: Whether you want to sip a cool beverage in the summer or warm up by the fireplace in the winter, this two-story wonder has more to offer than just lovely water views! Settle in with the whole gang in this 4 bedroom, 4 bath home, with ample entertaining space. Gather on the back deck for a barbecue or have a Sunday dinner in the formal dining room. This home is beautifully landscaped and priced just for you!

SOUTHOLD: Neat and complete with your own private yard. Perfect for outdoor relaxing. Embrace the short distance to the beach to fully enjoy the location. Plenty of space inside this 3 bedroom ranch to make this home your own!

SOUTHOLD: Escape into a relaxing state of mind with this 2 bed, 2 bath colonial. Bright, airy, plenty of space with a large completed basement. Enjoy ample deck space on the lower level and a raised water view balcony. Just a short stroll to the water with deeded rights to your own private community beach. Nestled in Goose Bay Estates, make this charmer your new home.

MLS# 2689340

MLS# 2722142

MLS# 2710395

EXCLUSIVE: $539,000

EXCLUSIVE: $339,000

EXCLUSIVE: $399,000

North Fork’s #1 Top Producer! “We Have Qualified Waterfront Buyers Waiting To Purchase! Call Us To List Your Home Today!”– Tom McCarthy

SOUTHOLD: Gorgeous ranch nestled near Goose Creek! This home features 3 bedrooms, 2 baths, eat in kitchen, screened in porch & deck in the private backyard. Perfect getaway to relax & enjoy living life! Motivated seller!! Bring all offers! Deeded beach rights in a private beach community.

SOUTHOLD: This light, bright, & airy 2-story home features 3 bedrooms, plus a master suite with a jacuzzi tub., 2.5 baths, and hardwood floors. Give yourself plenty of room to roam with 1.8 acres of property and open views while you relax on the stone rear porch. You are just a short way from South Harbor Park & Southold’s town village shops. This beautifully landscaped home is just right!

MLS# 2645919

MLS# 2706582

EXCLUSIVE: $425,000

EXCLUSIVE: $519,000

*Source – LIBOR – Stratus # of transactions per agent Southold Township 2012-Current.

Thomas J. McCarthy Real Estate, Inc.

46520 Rt. 48 | Southold, NY 11971 631.765.5815 | thomasjmccarthy.com | office@thomasjmccarthy.com

M A R K E T W AT C H

IT WAS A VERY GOOD YEAR Photo: Peter Fleissig

By all accounts, 2014 was a great year for North Fork real estate. With activity in all price ranges, inventory low, prices starting to rise, interest rates still very attractive, and a second-home market stronger than ever, it has been a terrific year for real estate on the North Fork. Predictions are that the market will remain steady and solid for 2015. Judi Desiderio of Town & Country Real Estate exclaims, “2014 was the breakout year for North Fork real estate. It was our best year ever by far! All price ranges and every market enjoyed an upward trajectory.” She states, “Prices are beginning to rise at sensible levels and we are always in need of well-priced, clean homes.” She reflects, “The most active segments of the market are waterfront and near farms.” Judi predicts, “The North Fork may outpace the South Fork on increase percentages in 2015. It has further to go!” Marianne Collins of Brown Harris Stevens remarks, “2014 has been a good year.The North Fork is hot!” She observes,“There has been a steady increase in sales volume. Prices have generally been stable but are beginning to edge up. Inventory is tightening in select areas, such as village centers and proximity to waterfront. On the lower end homes close to water are selling well, as are highend waterfront properties. There’s a new type of buyer interested 24

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in investment opportunities in an expanding market.” Marianne reflects, “The market did well consistently across all segments in 2014 and we are poised to continue in 2015.” Janet Markarian of Daniel Gale Sotheby’s International Realty says, “2014 has been a fantastic year. Interest rates are still very attractive and the North Fork is increasingly sought after. Prices have not changed significantly but realistically priced properties are moving quickly with offers close or sometimes above asking. Inventory is definitely moving, but this current uptick has inspired some owners to list sooner than later. Quality waterfront is popular and Greenport Village has turned a real corner. Also investors are picking up nice fixer-uppers.” Janet sees, “The North Fork as a fantastic value, a wonderful investment and people will continue to recognize this.” Valerie Goode of Colony Realty reflects, “We had and are still having a great year! I am expecting a flourishing finish!” She observes, “Prices are all over the place and buyers are still looking for value. The most active segments of the market are entry-level homebuyers and waterfront that is $1.5 million or a little less.” She exclaims, “The second-home market is stronger than ever!”Valerie thinks, “The market will remain steady and solid for 2015.”

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Photo Credit: Beninati Associates, Douglas Elliman,Town and Country Real Estate, Daniel Gale Sotheby’s International Realty

Karla Dennehy of Douglas Elliman Real Estate observes, “2014 was a very good year. Sales were 13.2% above the same period last year, while listing inventory increased by 12.3% and median sales prices increased by 8.4%. Prices continued to increase as rising sales outpaced the expansion of inventory. Homes priced around $500,000 with beach rights or near the water are desired. Greenport Village is in high demand.” Karla believes, “If the economy continues to improve, the market will steadily grow in 2015. The North Fork will continue to attract Manhattan and Brooklyn buyers due to its proximity, access to water, and room for improved real estate values.” Sheri Winter Clarry of Corcoran remarks, “2014 proved to be an incredible year. It was hot, hot, hot! High-end and unique properties as well as the entry-level fared well. It was a very busy, very high sales volume year. Prices remained steady with price reductions helping to close deals.” She observes, “There was a general lack of unique properties and those are the ones that sold most swiftly in 2014.” Sheri exclaims, “2015 on the North Fork is already hot, hot, hot!” Suzanne Hahn of Daniel Gale Sotheby’s International Realty says, “The market has been very active in 2014. Inventory is going very quickly. The demand has increased.” She adds, “We are encouraging sellers to put their homes on the market before the spring as we anticipate the market is going to be strong even

through the winter.” She observes, “The whole spectrum of price ranges from the low-end to the high-end are in demand now.” Suzanne believes, “2015 is going to remain strong as the North Fork continues to be a premier destination of its own.” Marie Beninati of Beninati Associates remarks, “2014 was a very good year. It continued the really good turnaround that started in 2013. Prices have gone up, especially in Southold, but not exorbitantly. But inventory is still low. As a result, more land is being sold.” She observes, “Waterfront is always hot, but there is activity across the board and the middle range of $600,000-$800,000 has caught up. Commercial property is also starting to come back.” Marie predicts, “2015 is going to be even better than 2014. The North Fork is poised to explode, as more people want a second home here for the tranquil quality of life.” 2014 was a fantastic year for real estate on the North Fork. Sales volume increased, prices edged up, and demand has increased. People are recognizing the value, quality of life, and investment opportunities on the North Fork. 2015 promises to continue this positive trend. Ruth Thomas, a freelance writer on the East End enjoys history, music, literature, art, nature, the beach, and her cute dachshund, Clancy. She can be contacted at rhthomas@optimum.net

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D E S I G N

SHOWCAS E

WINDOWS AND ROOF NOT INCLUDED BY LAUREL BERGER Photo Credit: Rocio Romero

Is This House the Answer to the Affordable Modernist Housing Crisis in the Hamptons? An East End home seeker of avant-garde sensibility and slender means might dream of erecting an ultra-modern prefab house on a sliver of land. A compact structure of galvanized steel and glass by the Chilean-born architect Rocio Romero, say. At 1,169 square feet, the house she calls the LVL is a light-drenched thing of beauty. One would never guess it had been assembled from a kit. When Romero launched her flat-pack line fifteen years ago, she impressed critics with the relative affordability of her designs. There are no Rocio Romero houses on Long Island. Could it be time? “The prevailing view is that if you want to build a house in the Hamptons, stick-built is the way to go,” says Bryan Midlam, an associate broker at The Corcoran Group who specializes in modern architecture. “Even though custom-designed is more expensive, you know from the outset how much it will cost. With kit houses there seem to be a lot of financial unknowns.” Indeed. In 2012, the New York Times ran an article about a couple who spent $260,000 to build and finish an LVL in the Catskills--$100,000 more than they anticipated. Nevertheless, Midlam thinks high-end, high-concept kit houses will catch on as an increasing number of second-home seekers find themselves priced out of the East End market. “A lot of city people don’t want a Shingle-style house and yet they can’t afford 26

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something modern,” Midlam notes. “For those clients, the idea of buying a lot in East Hampton and putting up a really gorgeous ultra-modern kit house for under a million dollars is an attractive one. Also, you can rent the property out in the summer, because modern architecture is always in demand.” Alex Khludov, a principal at Gemini Craft, a design/build firm in Sag Harbor, isn’t convinced. “It’s a nicely done house but I don’t think it would work in the Hamptons,” he says of the LVL. “Given the price and scarcity of land out here, it would be hard to get a good return on your investment. Basically, you’re paying for high design.” To be sure, the LVL kit, which starts at $43,000, doesn’t include windows, doors, interior walls, roofing materials, cabinetry, or finishes of any kind. As Khludov observes, “A true pre-fab house is delivered in a finished or near-finished state. But a kit house like Romero’s is assembled at the construction site. And that means you’ll have to deal with building department officials and red tape and contractors with extremely high rates compared to those in other parts of the country--all things to be factored in.” Midlam has a different take on the matter. He says, “Truly modern houses in which the architect put at least half a second’s thought into the design are rarely found in the Hamptons for under $2 million. From that perspective, the LVL house could be a bargain.”

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Thank you for another wonderful year. Hereâ&#x20AC;&#x2122;s to a Joyful & Prosperous 2015! M3 Media Group Jim, Claudette and Kathy

S H O WC ASE

S ALES R E C E N T LY

SOLD

PROPERTIES

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N O RT H

F O R K

Soundfront Cottage

1918 Farmhouse

Beach house with seaside seclusion. A rare and special setting. Last Asking Price: $895,000

Greenport - In historic West Dublin has been renovated with casual sophistication. Marvelous private yard with studio/garage Last Asking Price: $695,000

Listing Broker Valerie Goode Colony Realty vgoode@colonyrlty.com

Selling Broker Dolores Peterson Colony Realty dpeterson@colonyrlty.com

Listing & Selling Broker Jill Dunbar Daniel Gale Sotheby’s International Real Estate jilldunbar@danielgale.com

Bayfront - Harborfront

Open Floor Plan

Mattituck – 4 Bedrooms, 4.5 Bathrooms. Private sugar-sand beach, 2 acres, lushly landscaped Last Asking Price: $2,950,000

Greenport – Living Room w/fireplace flows into dining area and kitchen. Mature plantings for the nature lover. Short distance to beach. Last Asking Price: $399,000

Listing & Selling Broker Nicholas Planamento Town & Country Real Estate nplanamento@1townandcountry.com

Listing & Selling Broker Kristen Rishe North Fork Real Estate krishe@nfreinc.com

N O R T H F O R K R E A L E S TAT E S H O W C A S E

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SOUTHOLD. NEW EXCLUSIVE. Modern, minimalist Soundfront home to be built on 5 acres. 200 feet of waterfront, wide sandy beach and panoramic views. Open plan, professional kitchen, master with balcony - 4 bedrooms, 3 baths in all. Ready by summer 2015. IN# 47397

$3,800,000

SOUTHOLD. 300 feet of waterfront with private dock. Expansive outdoor entertaining facilities. Modern design, open plan, gourmet kitchen, first floor master - 3 bedrooms, 2 baths in all. REDUCED! IN# 53421 $1,270,000

SOUTHOLD. NEW EXCLUSIVE. Waterfront with dock. Great views of Jockey Creek and the bay. 1st floor bedroom and bath – 3 bedrooms, 2 baths in all. IN# 18866 $799,000

MATTITUCK. Pristine waterfront views. 4 bedrooms, 2 baths. Great room with wood-burning fireplace. Kayak to the fishing station and buy lobsters for lunch!

CUTCHOGUE. Great value! Exclusive Nassau Point, 4 bedrooms, 2 baths, living room, 1st floor ensuite master, updated EIK. Short walk to beach. JUST REDUCED. IN# 14057 $569,000

SOUTHOLD. Spacious ranch on a very private setting. Walk to one of Southold’s most beautiful bay beaches. Master suite - 2 bedrooms, 2 baths in all. Plenty of room for expansion and pool. IN# 54930 $399,000

PECONIC. VALUE PRICED. Private half acre, historic farmhouse. Four bedrooms, 1.5 baths, pool, fireplace, living room, dining room, family room.

SOUTHOLD. LAND. Shy acre of land on “beachy” North Sea Drive - waterviews, steps to McCabe’s Beach. IN# 08186 OUR EXCLUSIVE $449,000

SOUTHOLD. NEW EXCLUSIVE. Two wonderful pieces of land to build your dream on: 2.4 acres and .5 acres. Walk to the beach, walk to Southold Town. Private wooded area. Just bring your imagination! 2.4 ACRES – $399,000 IN #03575 .5 ACRES – $265,000 IN #03378

SOUTHOLD. LAND to build your dream home with views of Cedar Beach. Permits in place for a 4 BR, 2,850 sq. ft. home on .62-acre with room for a pool. Literally steps to a bay front beach! IN# 07889 $299,000

IN# 53963

IN# 25102

$749,000

$399,000

The Corcoran Group is a licensed real estate broker located at 660 Madison Ave, NY, NY 10065

impeccable pedigree

The Topping Family 13th Generation Equestrians Sagaponack, New York

For esteemed equestrians Mandy and Jagger Topping, good breeding is something of a given. At Corcoran, we learn about your own unique heritage, then draw on our own traditions to help you identify the kind of home that will begin your familyâ&#x20AC;&#x2122;s legacy. #livewhoyouare

NASSAU POINT PRISTINE WATERFRONT North Haven. A rare opportunity to own a unique waterfront compound has just surfaced on a hidden cove in Nassau Point. A main house and guest house reside on their own individual acres and each provide for a dock, boat ramp and deep water access. The main house offers 5 bedrooms each with their own bath and is warmed by 5 fireplaces. A screened porch allows for evening cocktails overlooking your own private bay. The guest house offers an additional 4 bedrooms and is perfect for the weekend overflow that is bound to join you. Moor your boats and assorted water toys right at your back door. Compelling, unique and available today. Call today, donâ&#x20AC;&#x2122;t lose this sensational opportunity with the next tide. Exclusive. Entire Compound: $3.895M WEB# 51969 | Guest Cottage: $1.4M WEB# 51766

Nicole T. LaBella Licensed Associate Real Estate Broker m: 516.652.8888 nlabella@corcoran.com northforkwaterfrontproperties.com

Real estate agents affiliated with The Corcoran Group are independent contractor sales associates and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. All dimensions provided are approximate. To obtain exact dimensions, Corcoran advises you to hire a qualified architect or engineer. 53795 Main Road | Southold, NY 11971

Gary R. DePersia Licensed Associate Real Estate Broker m: 516.380.0538 gdp@corcoran.com myhamptonhomes.com

BIG E FARM - Jamesport

Whatever is beautiful Whatever is meaningful Whatever brings you happiness... May it be yours this Holiday Season

Corcoranâ&#x20AC;&#x2122;s #1 North Fork Agent 2005-2013 Multi-Million Dollar Club 2005-2013 NRTâ&#x20AC;&#x2122;s Top 100 Sales Associates, 2008-2013