Hamptons Real Estate Hot Topic: Sag Harbor Goes Condo

Two uber-exclusive condominium complexes in the tony East End Village of Sag Harbor steps away from The American Hotel have come on the market. Complete with swimming pools and fitness centers, these village-within-the-village properties new to market – Watchcase and Harbor’s Edge – offer a slice of the luxurious life. And what a life it is in Sag Harbor. Billy Joel docks his iconic boat, “Downeastern Alexa,” at the Sag Harbor Yacht Club. The vibrant year-round community boasts a thriving arts scene and multitude of notable restaurants and haute shops known to stay open after hours. Simply put, Sag is hot.

“There are a number of contributing factors that are changing the real estate landscape in Sag Harbor. One is the Watchcase Factory with certificates of occupancy finally being issued for a number of the units,” John Christopher, Licensed Associate Real Estate Broker, Brown Harris Stevens of The Hamptons, LLC tells Dan’s Papers. Like a fine timepiece, buyers are snapping up these limited-edition condos. In the heart of the village, Watchcase’s layout and design blends in with the historic neighborhood. Residents agree that Watchcase is a dramatic improvement from the eyesore that was the former Bulova factory which laid abandoned for decades.

A curated assemblage of townhouses, penthouses, and loft spaces dot the perimeter of a central courtyard and year-round heated pool. Traditional shingle and restored cornice design elements help Watchcase blend seamlessly with the charm of the adjacent neighborhood. Private underground entrances link residents to the parking garage for the ultimate in privacy. Penthouse dwellers each enjoy private outdoor spaces offering spectacular views of the historic harbor. Exposed brick and beams, as well as oversize arches and expansive oak floors, define the Factory Loft spaces. Bonus rooms for all residents include a fitness center and club room that can be booked for the all-fabulous, private, and very important July 4^th party. Prices range from $2.1M to $10.2M for a Penthouse, lofts start at $2.85M.

The Harbor’s Edge residence is steps away from the beach and offers residents an unprecedented harbor-front location and spectacular water views. Comprised of three penthouses, eight lofts, and four bungalows this exclusive address brings the best of city living to the Hamptons. Amenities include an in-season concierge, to help you snag tickets to the hottest events, and a virtual doorman.

The 50-foot rooftop lap pool includes a sundeck and wet bar. A refrigerated storage facility allows for a quick drop off from Fresh Direct before residents and guests arrive for the weekend. Private off-street parking is key in the quaint burg where parking is at a premium. The $2.25M to $6.25M price tags are attracting baby-boom buyers looking for their deed to the Hamptons.