SpecHampton
Recent Entries
Archives
brokers
hamptons real estate
other real estate
hamptons sites
home renovation
local media
other sites i like
Lightweight Battle in North Sea
50 Kennedy Dr. vs. 142 Marys Lane
 
Our match today pits a Kennedy Drive veteran (on the market since 10/05) against a Marys Lane newcomer. We won't be pulling punches, so let the games begin:

50 Kennedy Drive
a Allan Schneider's Hidden Treasure
Weighing in at $649,000, this 1520 sq. ft. contemporary sits on .6 acres and boasts 3 bedrooms, 2 baths, central air, sprinkler system, and a fireplace:

142 Marys Lane
a Jim McLauchlen's Spacious Family Home
Weighing in at $750,000, this 1400 sq. ft. ranch sits on .92 acres and boasts 3 bedrooms, 2 baths, a full basement, fireplace, central air, and 1 car garage.

Kennedy jumps out to a slight early lead - Kennedy has a nicer house for $100k less. Mary Lane's property is 1/3 bigger. Both seem equally expandable. Battle continues after the jump...


Kennedy Kitchen Mary Lane Kitchen
north sea kitchen north sea kitchen
Mary Lane's got the nicer cabinets and appliances. It's probably hardwood under that linoleum too. Slight edge to Mary Lane


Kennedy Livingroom Mary Lane Livingroom
north sea livingroom north sea livingroom
Kennedy's got the higher ceiling and prettier fireplace. Slight edge Kennedy.


Kennedy Back Mary Lane Back
north sea house
Mary Lane's got the sweeping back lawn. Lots of room for a pool. Can you fit a pool on Kennedy?


Kennedy Sits on Wetlands

Kennedy backs up onto the Alewive drain through which Big Fresh Pond dumps into North Sea Harbor. It's pretty swampy (and I'll assume buggy back there.) This is a wetland, meaning no pool for Kennnedy and a likely win for Mary Lane.


Mary Lane's Neighbor
north seah house
But before declaring definitive victory for Mary Lane, check out it's neighbor via Google Earth Satellite to the left. Looks like an auto mechanic. The property is pretty-well screened, but i did wonder at the time about a couple of cars parked close to the property line.


142 Mary Lane gets the nod
I forgot to mention Mary Lane's back sun porch. Would be a nice little pool house. I'll take my chances with the neighbors. north sea porch


Conclusion: Both properties seem like reasonable investments as starter homes but not for speculating. There is a price ceiling of $800k for the last 100+ homes sold in North Sea. And there are 10 more properties for sale within two miles that should be investigated. If this soft market continues, though, North Sea could emerge as a genuine opportunity.

03:28 PM |  | Comments(0) | TrackBacks(0)

TrackBack

TrackBack URL for this entry:
http://www.SPECHAMPTON.COM/mt/mt-tb.cgi/66

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)



Warning: include() [function.include]: URL file-access is disabled in the server configuration in /home/spechamp/public_html/01_deal/000069.php on line 407

Warning: include(http://www.SPECHAMPTON.COM/inc_ad.htm) [function.include]: failed to open stream: no suitable wrapper could be found in /home/spechamp/public_html/01_deal/000069.php on line 407

Warning: include() [function.include]: Failed opening 'http://www.SPECHAMPTON.COM/inc_ad.htm' for inclusion (include_path='.:/usr/lib/php:/usr/local/lib/php:/usr/local/lib/php/Zend') in /home/spechamp/public_html/01_deal/000069.php on line 407