See Home Value
Sag Harbor 11963
7 Morris Cove Lane
$3,150,000 - $3,850,000
House - Off Market

7 Morris Cove Lane

Sag Harbor, NY 11963
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1726 Sqft
Transfer

About This Property

Waterfront Home in Sag Harbor Village- A classic Hamptons saltbox on Paynes Creek, in between Bluff Point, Mashashimuet Park Tennis and Captains Row. Rare waterfront acreage with an open layout 'post modern/saltbox/traditional'. Three bedrooms, two full baths, with 2 on the first floor and the entire second floor is a primary bedroom suite. Soaring ceilings in the great room with beautiful flooring, surrounded by decking next to the swim spa. Easily expandable to custom village estate home on this very rare oversized parcel. Localized in the center of Sag Harbor Village's revered writers haven... Doctorow & Pintauro among others others. In fact, John Steinbeck penned "Travels With Charley" around the corner. Functionally, investors will also buzz at the zoning because it's over an acre in half acre zoning; 102' Waterfront and in half acre zoning, (R20 = 20,000 SF minimum, 20% coverage per lot under roof, 25% coverage total). No showings without appointments in advance, and please do not walk property without prior approval, (occupants on deadline) & video security is in place.

The manager has listed the unit size as 1726 square feet.
Unit Size
1,726Ft²
Days on Market
-
Land Size
1.17 acres
Price per sqft
$2,028
Property Type
House
Property Taxes
$11,433
HOA Dues
-
Year Built
1998

Price History

Date / Event Date Event Price
Jan 16, 2024 No longer available -
No longer available
Dec 28, 2023 Relisted $3,500,000
Relisted
Dec 27, 2023 No longer available -
No longer available
Sep 23, 2023 Relisted $3,500,000
Relisted
Jul 20, 2023 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 50,965
  • Total Building Area: 1,726
  • Building Area: 1,726
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,726
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: JOSEPH GAZZA
  • Land Acres: 1.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 7

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sag Harbor Union Free School District
  • School Tax School District: SAG HARBOR
  • Census Tract: 190708

Zoning

  • Zoning: VILLA

Geography

  • Assessors Map Reference: MAP 6801
  • District: 0903-0
  • Section: 4.00
  • Parcel: 0903-004.00-03.00-007.000
  • Block: 3
  • Lot: 7.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9899
  • Longitude: -72.3055

    Address

  • Full Address: 7 Morris Cove Ln
  • Address - House Number: 7
  • Address - Street Name: Morris Cove
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Sag Harbor
  • Carrier Code: R006
  • 4-Digit Zip Code: 2667
  • Zip Code: 11963

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,261
  • Tax Rate Code Area: 472405

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 2,904,073
  • High Value: 3,576,266
  • Low Value: 2,231,879

    Market Valuation

  • Market Total Value: $3,275,971
  • Market Land Value: $2,812,374
  • Market Improvement Value: $463,597

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,276,800
  • Assessed Land Value: $1,954,600
  • Assessed Improvements Value: $322,200

    Exemptions

  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
6 Baths
-
$3,250,000 Sep 12, 2019
$3,250,000 Jul 24, 2020
$1,454/mo
House
5 Beds
2 Baths
-
$3,400,000 Feb 18, 2020
$3,400,000 Jun 25, 2021
$792/mo
House
5 Beds
4 Baths
-
$3,995,000 Sep 25, 2023
-
$1,038/mo

About Sag Harbor


Similar Homes for Sale

Unit for sale at 1224 Brick Kiln Road, Sag Harbor, NY 11963

$3,995,000

  • 5 Beds
  • 4 Baths
1224 Brick Kiln Road, Sag Harbor, NY 11963 Listing by Douglas Sabo

Nearby Rentals

Unit for rent at 4 Partridge Drive, Sag Harbor, NY, 11963

$7,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,300 ft²
4 Partridge Drive, Sag Harbor, NY, 11963 Listing by Jacqulene Mitrani


Frequently Asked Questions

When was property at 7 Morris Cove Lane built and last sold?
The property at 7 Morris Cove Lane was built in 1998 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Morris Cove Lane is $3,471,032.
What are some comparable homes to 7 Morris Cove Lane?
Homes that are comparable to 7 Morris Cove Lane include a house property at 1224 Brick Kiln Road, 11 Long Point Road, 4311 Noyack Road.

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