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Hamptons.com
March 27, 2015

Sag Harbor: The Village That Straddles The Line Between Southampton & East Hampton

John A. Viterittiby John A. Viteritti
in Real Estate
Home Real Estate

It’s an interesting fact that three fifths of the Incorporated Village of Sag Harbor is located in Southampton while two fifths of the Village is part of East Hampton. True to its name, Division Street is the dividing line between the two Hamptons towns each with their own sensibility, real estate markets, and tourist attractions. A former whaling village, Sag Harbor is on the National Register of Historic Places with a vibrant history dating back to the 1700’s. According to the 2010 census, it has a population of approximately two thousand people. For a bit of insight into the ever-changing Hamptons real estate market in the Village I spoke to three noted Sag Harbor real estate agents.

“Sag Harbor attracts a different kind of buyer than East Hampton and Southampton,” says Sag Harbor resident John Christopher, Associate Broker, Brown Harris Stevens and voice of “Real Life” of Peconic Public Broadcasting radio. “Its deep-water harbor affords easy access to the custom luxury yachts of the power brokers and celebrities, while still retaining the charm of the Mom and Pop stores of a bygone era. There are no iconic fashion plate stores, only fine dining restaurants that offer some of the best cuisine in the Hamptons. Because buyers are attracted to its quaintness and idiosyncrasy, inventory is at extremely low levels, and homes priced correctly are going into contract as quickly as they’re listed.”

Christopher, a former resident of Shelter Island, compared the two very distinct communities as he reminisced a bit about his move from Shelter Island to Sag Harbor. “I commuted by ferry from Shelter Island to work on Sag Harbor for a number of years. Shelter Island is in a league all its own. It’s an idyllic and special place but not for everyone. My biggest concern was the irrational thought that I was trapped once the ferries stopped running. I said to my wife, ‘What happens if we need milk at 3 a.m.? There’s no 7-11!’ Of course, since I’ve lived in Sag Harbor, I have never gotten up at 3 a.m. to get milk. In fact, the ferries add charm and safety. Crime is extremely low. If someone did a dastardly deed and thought of escaping into the night, the police would be waiting at the ferries…provided they’re running.”

Sandy Morell, Associate Broker, Corcoran Group, Sag Harbor Top Producer, Platinum Council, and Multi-Million Dollar Club, explains to Hamptons.com, “I’m confident the Sag Harbor market will continue to be strong, both for rentals and sales. The more realistic and competitive the price, the faster the sales, often with multiple bids which we already have started to see this year. I have seen well-priced, unique and desirable properties go into contract in a week or two after hitting the market. New construction is particularly in high demand as are Village and waterfront homes. There is always a long list of buyers waiting for a Village renovation opportunity. The economy is good, interest rates are low, and all this trickles down to the Hamptons market, so I am quite optimistic about the future.”

Sound too good to be true? It might be. Morrell went on to add, “A problem we are facing is a shortage of good inventory [in Sag Harbor], particularly on the lower end. Even with the January and February arctic weather and mountains of snow, buyers and renters continued to make the trip out here. This is a very good indication of the strength of the market in Sag Harbor as well as the rest of the Hamptons.”

“I bought an 1800’s cottage in the Sag Harbor Historic District in 1984 after leaving New York City, and joined Allan Schneider Associates Sag Harbor office in 1990,” says Susan Sprott, Associate Broker with Sotheby’s International. “I have been in the Sotheby’s office in Bridgehampton since 2007. Having spent 25 years in real estate, mainly focused on Sag Harbor, I am thrilled to be returning to Sag Harbor Village when Sotheby’s opens our new office on Main Street. Sag Harbor has been a haven for artists and writers, poets and dreamers who valued its authentic beauty and character – the charming lanes, the beautiful harbor, the intimacy of a walking village, all the reminders of a busy past as a key whaling port that has always looked outward and welcomed newcomers. It’s a full-time community. Many buyers have purchased weekend homes and make them their main homes. Increasingly, families choose Sag Harbor so their children can attend its schools and grow up experiencing the pleasures of the East End. Europeans are attracted to Sag Harbor for its waterfront setting, historic character and charming scale.”

Sag Harbor real estate is not without its moments of drama. As the dilapidated Bulova factory space began its transformation into a chic community within Sag Harbor Village, known as the Watchcase Factory, back in April 2014 I spoke with Corcoran Associate Broker Cee Brown. He reports now that, “We have already closed on two units and sixteen more are slated for closing by April 15th. Developers are saying it will be fully operational for the Summer Season.”

Sounds like the business of real estate in Sag Harbor is ticking right along.

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Montauk Chamber Shares 15 Family Friendly Favorites The Hamptons Hamlet Has To Offer

Montauk Chamber Shares 15 Family Friendly Favorites The Hamptons Hamlet Has To Offer

  • 167 Dune Road, Bridgehampton, NY 11932⁠
Saunders Exclusive: $42,500,000⁠
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Experience extraordinary coastal living with this exquisite oceanfront estate on Dune Road in Bridgehampton. ⁠
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Designed by the renowned architect Francis Fleetwood, this remarkable property boasts 300 feet of private ocean frontage, complete with its own private boardwalk leading directly to the beach, all set on over 3 acres of prime land.⁠
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The charming shingle-style residence encompasses 4,200 +/- sq. ft. of luxurious living space, featuring 5 bedrooms and 5 full bathrooms, plus an additional half bath.⁠
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Read the full article at Hamptons.com (Link in Bio)⁠
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#duneroad #oceanfront #bridgehampton #realestate #hamptons #francisfleetwood ⁠
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  • The Hamptons have seen their fair share of collaborations and takeovers this summer. Still, nothing compares to The h.wood Group and Chase Sapphire Reserve’s transformation of Montauk hotspot Mary Lou’s into Delilah Montauk.⁠
⁠
The four-day takeover combined unforgettable dining experiences with show-stopping live entertainment featuring performances by Zack Bia, Alesso, Gwen Stefani, and DJ Pee.Wee (Anderson Paak). ⁠
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Exclusively for Chase Sapphire Reserve cardholders, diners were treated to white glove hospitality and Delilah’s staples, including the famous chicken tenders and tuna tartare, and bold twists on Hamptons classics like lobster rolls, striped bass crudo, and crab and avocado toast. 

Check out more at Hamptons.com (Link in Bio)

#gwenstefani #alesso #djpeewee #chasesapphirereserve #delilahmontauk #montauk #hamptons
  • LVIS thrift shops are open Tuesdays through Saturdays 10 AM through 5 PM

donations are accepted Wednesday through Saturday 10 AM through 1 PM by appointment 

located at 95 Main St East Hampton
  • Check out the Top Hamptons Events This Weekend!⁠
⁠
🚗 The Bridge IX⁠
📅 Sat, Sept 13 | 2–7PM⁠
📍 The Bridge, Bridgehampton⁠
Over 300 rare automobiles showcased across stunning landscapes.⁠
⁠
🎬 23rd Annual Surf Movie Night⁠
📅 Fri, Sept 12 | 5:30–9PM⁠
📍 Southampton Arts Center⁠
Surfboard swap, live music & outdoor film screening. 🌊⁠
⁠
🍝 San Gennaro Feast of the Hamptons⁠
📅 Sat, Sept 13 – Sun, Sept 14 | 10AM⁠
📍 Hampton Bays⁠
Italian pastries, live entertainment & fireworks Sat @ 8:15PM 🎆⁠
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🎭 In Process: Roderick George⁠
📅 Sat, Sept 13 | 7PM⁠
📍 Guild Hall, East Hampton⁠
A special in-process presentation of The Missing Fruit (Part I).⁠
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🎤 Sheena Easton at WHBPAC⁠
📅 Sat, Sept 13 | 8PM⁠
📍 Westhampton Beach PAC⁠
Grammy-winning artist live on stage!⁠
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☕ Cars & Coffee⁠
📅 Sun, Sept 14 | 9–11AM⁠
📍 Bridgehampton Museum⁠
Classic & exotic cars, food, drinks & live music.⁠
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🛍 Hampton Vintage⁠
📅 Sun, Sept 14 | 10AM–5PM⁠
📍 Westhampton Beach Village Green⁠
Shop unique vintage finds!⁠
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🎶 Hamptons Festival of Music Finale⁠
📅 Sun, Sept 14 | 4PM⁠
📍 St. Luke’s Church, East Hampton⁠
Featuring Cimarosa, Berlioz & Beethoven.⁠
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🍷 Wine Dinner with Pradorey at R.AIRE⁠
📅 Tues, Sept 16 | 6:30PM⁠
📍 Hampton Bays⁠
Five-course tasting menu with exquisite wine pairings.⁠
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🎥 Toy Story 30th Anniversary Screening⁠
📅 Sept 12–15 | Various Times⁠
📍 Southampton Playhouse⁠
Celebrate Woody & Buzz’s timeless adventure!⁠
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Check out more events at Hamptons.com (Link in Bio)⁠
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#carshow #hamptons #sangennaro #sangennarofeast #winedinner #bridgeIX
  • The Animal Rescue Fund of the Hamptons (ARF Hamptons) hosted the Bow Wow Meow Ball in East Hampton. The evening’s honorees, Ellen and Chuck Scarborough, were presented with the Champion of Animals Award, recognizing their more than twenty-five years of support to ARF. ⁠
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Over 400 guests celebrated ARF’s remarkable work with cocktails, followed by dinner catered by Olivier Cheng. Peter Marino, accompanied by his daughter and ARF Board Member Isabelle Trapnell Marino, presented the Scarboroughs with their award. ⁠
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📸: Patrick McMullan/PMC⁠
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Check out the full gallery at Hamptons.com (Link in Bio)⁠
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#arf #bowwowmeowball #hamptons #animalrescuefund #animalrescue
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