$ 1,799,000
-
$1,799,000
Price -
4
Bed -
4
Bath -
1,600
SqFt
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Open House Times
- Sat. Jan. 24 at 1:30pm to 3:30pm
- Sun. Jan. 25 at 11:00am to 1:00pm
About the Listing DERE47 - 223102
The Opportunity: The Rare 11963 Compound This is not just a home — it is a strategic Sag Harbor asset set on an oversized 20,056 sq. ft. lot (0.460 acres) backed by protected preserve land for exceptional privacy. The property currently features a 910 sq. ft. main residence and a 690 sq. ft. detached two-story garage with studio above — a legal two-structure compound with extraordinary future upside. A True Zoning Advantage — A Proven Game Changer. Official documentation confirms the property is approved to be treated under R-15 residential zoning rather than CR200 — a rare distinction that removes the primary development limitations common to nearby parcels. This clarification dramatically expands buildability, flexibility, and long-term value, unlocking development potential that is exceptionally difficult to find in this location. Current Footprint Only 1,600 sq. ft. is currently utilized — just 8 percent lot coverage - 12 Percent Opportunity. Two legal structures. Infinite possibilities. The Main House A classic, move-in-ready 3-bedroom, 2-bath Saltbox — ideal for immediate enjoyment or high-demand rental income. The Studio A detached two-story garage with a private studio above — perfect for a home office, guest retreat, creative space, or income-producing rental to offset ownership costs. The Upside — Where the Real Value Lives With only 8 Percent of the lot currently developed, this property offers an unusually large runway for expansion. Envision: • A resort-scale in-ground pool • Designer outdoor kitchen and entertaining pavilion • Expanded luxury residence footprint • Future ancillary structures (subject to approvals)
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full / 1 Half
- Appliances: Convection Oven, Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Gas Oven, Microwave, Refrigerator, Washer
- Air Cond: Central Air
- Heating: Oil
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other: First Floor Bedroom,Cathedral Ceiling(s),Ceiling Fan(s),Chefs Kitchen,Eat-in Kitchen,Formal Dining,Galley Type Kitchen,High Speed Internet,Open Floorplan,Open Kitchen
- Water: Well
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: 2 car
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Attached
Financial Details
- Tax Amount: $3,800
- Taxes w/Assessments: N/A
- Tax/Property ID: 0900-026-00-01-00-028-000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
33 Whalers Dr Sag Harbor, NY 11963
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