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$1,174,087
List Price: $1,195,000
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53 Foster Avenue

House in Hampton Bays •  building info
3bd • 2ba • 2,465ft² • $485 per ft²
Buy with Yoreevo

$1,174,087

List Price

$1,195,000

Key Details
Days on market
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Last price change
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Estimated payment
$7,603/mo
Taxes
$805/mo
Maintenance
N/A
Description
Exceptional Opportunity on Nearly One Acre in Hampton Bays Set on approximately 0.90 acres in Hampton Bays, 53 Foster Avenue presents a unique opportunity to create a private Hamptons retreat with multiple existing structures, expansive grounds, and exceptional flexibility. Whether envisioning a thoughtfully redesigned residence or a custom new home, this property offers tremendous potential for buyers looking to create something truly special. The property currently features a main residence of approximately 2,465 square feet, a renovated twostory cottage, and a substantial detached garage/workshop measuring approximately 1,659 square feet. The main residence offers three bedrooms and two full bathrooms, along with a sunroom, screened porch, and generous living areas. The home presents an opportunity for significant renovation or potential replacement, allowing a new owner to reimagine the property to suit their individual needs and lifestyle. A standout feature is the renovated two-story cottage, offering a contemporary kitchen, updated bathroom, and comfortable living spaces. This charming additional residence provides wonderful flexibility for accommodating guests, extended residents, or a variety of lifestyle needs. Complementing the residences is an oversized detached garage/workshop with an office area, providing substantial space for vehicle storage, recreational equipment, hobbies, or a creative workspace. The property's expansive grounds offer additional possibilities for outdoor entertaining, landscaped gardens, and a potential swimming pool. Hampton Bays is celebrated for its relaxed coastal atmosphere, beautiful beaches, vibrant waterfront dining, and exceptional recreational opportunities. Just minutes away, Ponquogue Beach offers pristine Atlantic Ocean shoreline, while the surrounding waters of Shinnecock Bay and the Peconic Bay provide endless opportunities for boating, fishing, paddleboarding, and kayaking. The area's thriving restaurant scene features everything from casual seafood favorites and lively waterfront establishments to upscale dining destinations. Popular local spots such as Cowfish, RUMBA, and Oakland's Restaurant & Marina contribute to the neighborhood's appeal, while nearby shops, farm stands, and convenient transportation options make Hampton Bays an ideal destination for both year-round living and weekend escapes. Combining nearly an acre of land, versatile existing structures, and an exceptional Hamptons location, 53 Foster Avenue presents a rare opportunity to create a personalized coastal retreat with lasting appeal.

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Home features
Fireplace
Building amenities
Services and facilities
Parking

Garage

Building info
History
What it'll cost
Purchase price
$1,195,000
Asking Price: $1,195,000
Term
30 Years
Down Payment
$119,000 (10%)
Min: 10% (119,000)
Rate
6.5 %
Mortgage Amount
$1,075,500
Mortgage Payment
$6,798
Taxes
$805
Estimated Yoreevo rebate
$20,913
Estimated closing cost
$45,000
Total monthly cost $7,603
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$20,913 rebate.
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Listing Courtesy of Corcoran

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