Back 16 Palma Terrace
Off Market

16 Palma Terrace

East Hampton North NY 11937

0.36 ac.
Single-Family
Last sold for $3,700,000

Overview

This newly constructed 5100 +/- sq. ft. modern farmhouse is located on a quiet, desirable lane just a few blocks from the East Hampton Village center. Approaching the entrance, a floating steel staircase visible through a dramatic wall of glass captures your attention. The expansive living/dining space with fireplace is perfect for year-round Hamptons living and entertaining. Countless windows and three sets of oversized glass doors flood the interiors with natural light and open to an inviting covered patio warmed by an outdoor fireplace. The beautiful backyard has a heated gunite pool perfectly positioned for great sun. The eat-in kitchen features professional-grade appliances with an oversized Caesarstone island, and flows seamlessly into the adjacent open living room and dining area. The first floor also has a junior master suite with direct access to the yard and pool, as well as a library/den, a half bath and a mudroom. Upstairs find a gracious master suite with soaking tub and walk-in closet, in addition to two en-suite bedrooms and a laundry room. The lower level is fully finished, with 9' ceilings, the fifth en-suite bedroom, an additional half bath and large recreation space perfect for a family room, home theater or gym. Ideally located close to village restaurants, shops and minutes to ocean or bay beaches.

Features

0.36 ac. lot size
Single-Family

Estimated Value

Based on this property and similar single-family properties sold in East Hampton North over the last 12 months, the estimated median property value of 16 Palma Terrace is $1.95m.

Median value
$1.95m
Estimated value range
$900k - $31.5m
Median days on market
102
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in East Hampton North. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Palma Terrace

2019
Sold
$3,700,000
23 May 2019

Happy sellers in East Hampton North

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We have insufficient information to provide an overview of customer satisfaction for East Hampton North. Viewing the agent profiles, reviews and sales for East Hampton North can provide insights for this location.

Local market activity for single-family properties in East Hampton North

In the last 12 months, 58 single-family properties similar to 16 Palma Terrace, have been sold.

This represents a 26% increase in single-family properties sales when compared to the previous 12 months.

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