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90 Sterling Rd, Cutchogue, NY 11935

By Liz Pendens   Follow   Tue, 17 Nov 2009, 4:29pm   1,646 views   7 comments
In Cutchogue NY 11935   Watch (0)   Share   Quote   Permalink   Like   Dislike  

Too late to the party flipper house: sold about 2 years ago for about $525,000; speculators did cosmetic renovations after working at their day jobs and put in a pool. Put it back on the market in mid 2009 for.... $1,275,000.

Here's the thing: the much touted boat slips are across a major road and right on a dangerous blind curve. So if you don't get killed getting to the boat you can enjoy the view when it's not blocked by the non-stop stream of speeding lawn care trucks being driven by unlicensed Guatemalans.

http://www.mlsli.com/unidetailsredo.cfm?mlnum=2216489&typeprop=1&phm=1

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1. Liz Pendens Follow Befriend 24 threads 201 comments Sagaponack, NY

   1   12:07pm Sun 6 Dec 2009   Share   Quote   Permalink   Like   Dislike (1)   Price down $100,000. BFD. Another $800,000+ or so to go.

2. totallyscrewed Follow Befriend 1 threads 49 comments

   2   12:19pm Sun 6 Dec 2009   Share   Quote   Permalink   Like   Dislike   from the ariel view, you can see that the boat slips are shallow. That may be why you see the deep keeled sail boats bouyed in the main channel. I guess you use your boat slip to store your dinghy to get to your boat parked in the channel.

3. Liz Pendens Follow Befriend 24 threads 201 comments Sagaponack, NY

   3   12:57pm Sun 6 Dec 2009   Share   Quote   Permalink   Like   Dislike (1)   Wow TS, you're good. I know the waters around this and other areas of eastern LI well, this is a shallow creek. That's exactly what they do. But FYI: the road shown floods when there's a combo of high tide and nasty weather. The road is closed at least a couple of times a year; homes along it can have flooded basements at those times. So frankly, wouldn't touch the houses along there even if they dropped to a fair price. But don't think anyone will have to worry about that though. I put this listing up because the asking price, even for the bubble loving LI east end, is beyond bizarre fantasy. Prices for the cruddy a*s end water front homes and anything east of the Shinnecock canal ( http://en.wikipedia.org/wiki/Shinnecock_Canal ) went to the stratosphere like everywhere, but for some reason reality hasn't yet taken hold like in CA/AZ. Everyone still thinks their sh*tbox is a gold mine. Maybe cause the NY bankers still have tons of money, and apparently will for a long time.

4. Liz Pendens Follow Befriend 24 threads 201 comments Sagaponack, NY

   4   10:52am Tue 5 Jan 2010   Share   Quote   Permalink   Like (1)   Dislike   OK, not another price reduction but now they've thrown in the staged furniture. Painful.

5. Liz Pendens Follow Befriend 24 threads 201 comments Sagaponack, NY

   5   7:07am Tue 18 May 2010   Share   Quote   Permalink   Like (1)   Dislike   Hmm, down to a mere $1 mil now. With an additional 50% decrease they may rustle up some interest.

6. Liz Pendens Follow Befriend 24 threads 201 comments Sagaponack, NY

   6   6:37pm Sun 13 Jun 2010   Share   Quote   Permalink   Like   Dislike (1)   Had to go by there last week. No reductions, but now they are planting flowers along the road for buyer-bait. So excruciatingly painful... IT WON'T WORK DUDES... SLASH THE PRICE

7. Liz Pendens Follow Befriend 24 threads 201 comments Sagaponack, NY

   7   6:06am Tue 27 Jul 2010   Share   Quote   Permalink   Like   Dislike   Liz Pendens says No reductions, but now they are planting flowers along the road for buyer-bait. Buyer-bait flowers are dead. I guess watering them is too much when you're only asking $1 mil for a back-fired flipper, in a neighborhood that barely supports half that price. Let's see what happens when it gets late in the season.