Cheap Long Island Homes For SaleCheap Long Island Homes For Sale
Located in one of the Hamptons' most desirable and prestigious markets, 468 Abrahams Path, Amagansett, NY 11930 presents a rare opportunity for investors, builders, and developers seeking to capitalize on the continued demand for luxury residential properties in Eastern Long Island.
Situated on an expansive 27,443 sq ft lot, this property offers exceptional potential as a redevelopment, new construction, or knockdown opportunity. With surrounding home values supporting significant upside, buyers have the opportunity to reimagine the site and create a custom residence tailored to today's luxury market demands.
The existing home features 3 bedrooms, 1 bathroom, and a full basement, but the true value lies in the land and its development potential. Investors and builders may explore opportunities for new construction, expansion, or a complete site transformation, subject to local approvals, zoning requirements, and due diligence.
Located just minutes from world-renowned beaches, village shopping, dining, golf courses, and all that the Hamptons lifestyle has to offer, the property benefits from strong demand, limited inventory, and long-term appreciation potential.
Whether your strategy is to build a luxury spec home, develop a custom residence, or secure a valuable land position in a premier market, this property offers multiple paths for value creation.
• 3 Bedrooms
• 1 Bathroom
• Full Basement
• 27,443 Sq Ft Lot
• Vacant Property
• Prime Amagansett Location
• Redevelopment Opportunity
• Potential Knockdown / New Construction Site
• Strong Luxury Resale Potential
• High-Demand Hamptons Market
• Minutes from Beaches, Shopping & Dining
This is a rare opportunity to acquire a sizable parcel in one of the East End's most sought-after communities. With limited available land and continued demand for new luxury construction, 468 Abrahams Path offers significant upside for investors, builders, and developers.
All buyers are encouraged to perform their own due diligence regarding zoning, permits, lot coverage, development potential, and future use.
Serious buyers may request additional details, photos, surveys, and access information by reaching out directly.
3 Bedrooms | 3 Baths | 1,200 ft
