Off-Market Deal in Southampton
Price$8,500,000
Investment Highlights
Southampton NY - Portfolio of 5 lots including two ~3-acre parcels with unobstructed water views. One parcel includes an existing 4BR / 3.5BA mansion in need of renovation, currently appraised at $5.8M in as-is condition; remaining lots are vacant land. Opportunity to develop luxury spec homes with potential for rooftop pools/jacuzzis and infinity-edge water views. Estimated $2M–$3M build cost per home with projected resale values ranging ~$6M–$10M. Contract flip. Asking 8.5M
Location
📍 Southampton
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.