The Hamptons Turnkey Condo Trend is Here to Stay



Condominium at Harbor’s Edge in Sag Harbor, White Kitchen island.

The turnkey condo trend is here to stay, says Saunders & Associates founder Andrew Saunders, who notes the “significant growth in the market among aging baby boomers who want to downsize but stay in the Hamptons,” particularly in pedestrian-friendly Sag Harbor. Located at 21 West Water Street, Harbor’s Edge on Sag Harbor Cove (above)—which opened for sales in early May—offers two- and three-bedroom condominiums between $2.25 million and $4.1 million and penthouses from $5.75 million to $6.5 million, all with access to a rooftop pool and lounge area and all facing the water, with landscaped yards and private terraces. 

For beach lovers who can’t commit to anything more than a long weekend, there’s Baron’s Cove at 31 West Water Street, which has undergone a two-year renovation, courtesy of Cape Resorts, complete with 67 luxury guest rooms, a restaurant headed by Vine Street Café’s Matty Boudreau, pool, tennis, spa services, and sweeping water views. And after several years, the developer’s parent company, Cape Advisors, is finally nearing the finish line at the Watchcase, a 64-unit condominium project in the former Bulova watchcase factory in the center of town. “This summer marks the long-awaited completion of a property that’s been a national model for historic revitalization,” says Watchcase co-owner Curtis Bashaw. Certificates of occupancy were issued in January, and nearly all the residences—ranging from $1 million to more than $10 million—are sold out. 

The new condominiums at Harbor’s Edge in Sag Harbor, private terrace and water views.

A version of this article appeared in the June 2015 issue of Hamptons Cottages & Gardens with the headline: Deeds & Don'ts: Curious George.

 

Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit Module
520 Captains Neck Lane, Southhampton, NY
At the end of Captains Neck Lane, this 3.2+/- acre estate, with 350+/- ft. of direct frontage on Taylors Creek includes its own dock, creek-facing 44'x20' heated Gunite pool, tennis court, 19th century shingle-sided main residence, and separate tennis house. Bordering the 31-acre Ruth Wales DuPont Preserve, this property offers incredible privacy, and feels like its own peninsula..

Sotheby's International Realty

View more details about 520 Captains Neck Lane, Southhampton, NY
Edit ModuleShow Tags Edit Module

Edit ModuleShow Tags
Edit ModuleShow Tags Edit Module
 
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit Module