Opposite Sides of Georgica Pond on the (Relatively) Cheap

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Two properties, on the opposite sides of Georgica Pond, have recently come onto the market priced around $10 million. They both offer interesting features.

First up is this extremely charming 1920 summer cottage at 3 Georgica Association Road, Wainscott. It offers coveted membership in the Georgica Association, which includes a private lifeguarded ocean beach, cabana, and tennis courts. The property, asking $9.5 million, is represented by Michael Schultz and Susan Ryan at Corcoran.

The house is fairly modest at 2700 square feet, but bursting with vintage appeal. It’s truly an old-school, old-money home. There’s just under an acre of land, which includes the house, a separate artist’s studio, and a new gunite pool, along with 200 feet of frontage on the pond.

For more, click here3 Georgica Association Road, Wainscott

Photos via Sotheby’s

On the East Hampton side of the pond is this new listing, asking $12 million and repped by Frank Newbold and Valerie Smith at Sotheby’s. This is also a vintage home, but we can’t say it’s bursting with appeal. It’s a teardown, so more money would need to be spent on it. One interesting thing about it is how close it is to the water: they would never let you build so close today, but (we think, anyway) with this structure grandfathered, it could be rebuilt/remodeled on the same footprint. This property is also on the widest part of the pond, so offers better views than many others. There are 1.9 acres of land, so while there isn’t a pool now, there’s room for one, although the property is kind of odd-shaped.

For more, click here. 106 Briar Patch Road, East Hampton