Real Estate news: Sale exceeds asking price

Sag Harbor Condo Sold For More Than $2 M

The buyer wanted it — the Sag Harbor Cove out the front door, the shops and the restaurants nearby. And the owner, listed only as Water Street Development, knew what it wanted — the asking price was $1.95 million. But apparently there was more in play, perhaps multiple buyers, commonplace in the Manhattan market. Whatever the case, F. Mori, a potential purchaser, wasn’t taking any chances. He (or she) was willing to pay more than retail: $2.108 million. And that’s what’s known as the meeting of the minds, folks. That’s Real Estate 101.

The 1974-square-foot residence allows the owner to take full advantage of the Hamptons resort lifestyle, while also enjoying all of the conveniences of carefree, condominium living. The two-bedroom features an open layout designed to accentuate views of the nearby marina. Sleek glass doors from the great room open onto a 165-square-foot covered bluestone terrace and a 400-square-foot private yard overlooking the passing yachts and vivid sunsets. At the heart of the great room is a beautiful gas fireplace.

The home further benefits from onsite parking, in-season concierge service, and access to a limestone sundeck with 50-foot lap pool, lounge, and wet bar. What’s more, an exclusive Village of Sag Harbor address that is only minutes from picturesque Long Wharf, the renowned Bay Street Theater, and historic Main Street.

rmurphy@indyeastend.com