Buy with Yoreevo
$1,375,500
List Price: $1,400,000
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500 Summer Lane
House in Southold •  building info
4bd • 3.5ba • 2,215ft² $632 per ft²
Buy with Yoreevo

$1,375,500

List Price

$1,400,000

Key Details
Days on market
71
Last price change
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Estimated payment
$7,883/mo
Taxes
$329/mo
Maintenance
N/A
Description
The classic North Fork lifestyle you have been waiting for has finally arrived. Nestled in a quiet Southold neighborhood, 500 Summer Lane offers the rare opportunity to create a retreat just moments from the beaches, vineyards, and beloved local destinations that define the North Fork. Here, tranquility meets convenience—you're never far from the shoreline or the vibrant heartbeat of the community. Buyers can choose from two options to own this New Construction property: Option 1: Purchase As-Is with Approved Plans – $650,000 This offering includes fully approved architectural plans and Health Department approvals to build a 4-bedroom, 3-bath new construction home on the quiet 0.25-acre parcel at 500 Summer Lane. Purchase the lot as-is and use your preferred builder to break ground on your own schedule. At 500 Summer Lane, you're less than 1.5 miles from some of Southold's best gems like Croteaux Vineyard, Goose Creek Beach, Sophie's Restaurant, and local farm/flower stands. A little further you'll find the charming Southold Town, Cedar Beach, endless vineyards, Greenport Harbor Brewery, and so much more! Option 2: New Construction Package – $1,400,000 In partnership with respected local builder, this option delivers a thoughtfully designed 2,215 sq ft home that blends timeless details with coastal luxury. Plans include 4 bedrooms, 3 full baths with 9 foot ceilings throughout, creating an airy and elegant space. The first floor of the home features an open-concept kitchen, living, and dining perfect for hosting and easy flow of day-to-day living. Walk up the front porch and enter the front door to a spacious living room accompanied by a warm fireplace for those cooler nights. As you continue you'll pass through the dining area with floor-to-ceiling doors that look out over the backyard. Enter the brand-new chef's kitchen featuring a large kitchen island, stainless steel appliances, and beautiful walk-in pantry! The main floor also features a full bath and bedroom, perfect for guests or single-floor living. Upstairs, you'll find 3 additional bedrooms — 2 that share the full bath in the hall, and a primary bedroom with walk-in-closet and en suite bathroom. Laundry is a breeze with a washer-dryer on the second floor! Outdoors, you'll appreciate the intentional details designed with North Fork living in mind. The detached garage features a beautifully integrated pool cabana, accessed by a man door. Designed to suit outdoor entertaining and living, the cabana comes equipped with an island bar top, sink, half bath, and space for a grill — the perfect spot to entertain or wind down after a day at the beach with family or guests. The North Fork is Calling Your Name!

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Home features
Dishwasher
Fireplace
Building amenities
Services and facilities
Parking

Garage

Shared outdoor space
Patio
Building info

History
What it'll cost
Purchase price
$1,400,000
Asking Price: $1,400,000
Term
30 Years
Down Payment
$140,000 (10%)
Min: 10% (140,000)
Rate
6.0 %
Mortgage Amount
$1,260,000
Mortgage Payment
$7,554
Taxes
$329
Estimated Yoreevo rebate
$24,500
Estimated closing cost
$51,000
Total monthly cost $7,883
Buy your dream home with us and get an estimated $24,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass Greater NY

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