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Sold for $8,250,000
  • $8,250,000

    46 Palmer Terrace, Sag Harbor, NY 11963

    5beds
    --sqft
    Single Family Residence, Residential
    Built in 1910
    0.89 Acres Lot
    $8,765,900 Zestimate®
    $--/sqft
    $8,088 Estimated rent

    Home value

    $8,765,900

    $7.80M - $9.82M

    $8,088/mo

    Zestimate® history
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    What's special

    Historic charm and modern comfort blend flawlessly in this serene Sag Harbor Village property following a multiyear renovation and expansion. Sited on nearly one acre, this magnificent hilltop property offers a gracious welcome with its deep wraparound front porch and rolling front lawn. Inside, the bright living room, centered around the original fireplace, and dining room respect the traditional character of the home, but seamlessly integrate a modern sensibility with an open flow to the stunning gourmet kitchen. The kitchen will satisfy the most discerning chef, and features custom cabinetry, high-end appliances, two sinks, two dishwashers, and a separate butler's pantry. Unwind in the luxurious primary suite, complete with a gas fireplace, barrel-vaulted ceiling, walk-in closets, and a spa-like marble bathroom. A guest bedroom, separate den, full bathroom, half bathroom, and large screened-in porch complete the first level. Upstairs, there are two additional guest bedrooms with en-suite bathrooms, a second den that can convert to a bedroom, and a laundry room. The walk-out lower level features 10' ceilings and can be used as a media room or gym, and includes a second laundry space and approvals for an additional bedroom and pre-plumbed full bathroom. Outside, a serene oasis enveloped by lush landscaping includes a heated gunite saltwater pool, stone patio with a fire feature, built-in grill, outdoor shower, and separate pool house with a half bathroom. A separate two-car garage is located at the back of the property with easy proximity to a side entrance to the home. Experience the vibrant Sag Harbor lifestyle, with easy access to world-class dining, shopping, marinas, and cultural attractions.

    Zillow last checked:

    Listing updated:

    Listed by:

    James A. Buttry 631-903-2375,

    Douglas Elliman Real Estate 631-283-4343,

    Noble B. Black 631-283-4343,

    Douglas Elliman Real Estate

    Bought with:

    Non Member-MLS

    Buyer Representation Office

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: L3575795MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Living room
    • Description: LR with fireplace
    • Level: First
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    Features
    • Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer, Master Downstairs, Pantry, Formal Dining, First Floor Bedroom, Primary Bathroom
    • Basement: See Remarks,Finished,Walk-Out Access
    • Attic: Dormer,Finished
    • Number of fireplaces: 2

    Property

    Parking
    • Parking features: Detached, Garage, Private
    • Has garage: Yes
    Features
    • Pool features: In Ground
    Lot
    • Size: 0.89 Acres
    • Dimensions: .89
    • Features: Sprinklers In Front, Sprinklers In Rear
    Details
    • Parcel number: 0903006000100048000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence, Residential
    Materials
    • Stucco
    Condition
    • Year built: 1910
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Cesspool
    • Water: Public

    Community & HOA

    Community
    • Security: Security System
    HOA
    • Has HOA: No
    Location
    • Region: Sag Harbor

    Financial & listing details

    • Tax assessed value: $5,321,200
    • Annual tax amount: $27,941
    • Date on market: 9/2/2024
    • Cumulative days on market: 176 days
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    5/1/2025Sold$8,250,000-8.3%
    Source: OneKey® MLS as distributed by MLS GRID #L3575795 Report a problem
    2/25/2025Pending sale$8,995,000
    Source: OneKey® MLS as distributed by MLS GRID #L3575795 Report a problem
    9/2/2024Listed for sale$8,995,000-4.3%
    Source: OneKey® MLS as distributed by MLS GRID #3575795 Report a problem
    8/31/2024Listing removed$9,400,000
    Source: Out East #382754 Report a problem
    7/13/2024Listed for sale$9,400,000+276.8%
    Source: Out East #382754 Report a problem
    11/29/2020Listing removed$2,495,000
    Source: Corcoran Group #353737 Report a problem
    8/22/2020Listed for sale$2,495,000-16.7%
    Source: Corcoran Group #353737 Report a problem
    7/17/2020Listing removed$2,995,000
    Source: Compass #343026 Report a problem
    6/24/2019Price change$2,995,000-14.3%
    Source: Compass #343026 Report a problem
    4/10/2019Listed for sale$3,495,000+30.2%
    Source: Compass #343026 Report a problem
    6/8/2017Sold$2,685,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $5,321,200
    2024-- $5,321,200 +57.3%
    2023-- $3,382,100 +43.8%
    2022-- $2,352,100 -19.1%
    2021-- $2,906,400
    2020-- $2,906,400
    2019-- $2,906,400 +9.8%
    2018-- $2,647,300 +99.6%
    2017$7,121 $1,326,600 +11.1%
    2016-- $1,193,900
    2015-- $1,193,900
    2014-- $1,193,900
    2013-- $1,193,900 -14.7%
    2012-- $1,399,800 -10%
    2011-- $1,555,300 +0.2%
    2007$7,838 +22.6%$1,552,300 +60%
    2005$6,390 +28.2%$970,176 +7826.3%
    2004$4,986 +8.4%$12,240
    2003$4,601 +10.4%$12,240
    2002$4,167 +7.8%$12,240 +0.2%
    2001$3,866 +8.7%$12,212
    2000$3,557 $12,212
    Find assessor info on the county website

    Neighborhood: 11963

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sag Harbor Elementary School
    • Middle: Pierson Middle/High School
    • High: Pierson Middle/High School

    Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $8,765,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $8,765,900