One veteran builder estimates that “90 percent of buyers prefer new.”

From Westhampton to Montauk, buyers (and renters, too, especially those willing to write a six-figure check for a summer spot) are on the same attitudinal and aspirational wavelength: new is better, more sustainable, and infinitely richer in amenities than old. “The demand is absolutely there,” said Enzo Morabito, a broker at Douglas Elliman Real Estate, “and builders are hitting buyers’ sweet spots at a variety of price points in a variety of locations. This is like Disneyland: people don’t come out here to make their lives more complicated. They come out to relax, and buying turnkey is part of that”…”In the second-home market, most buyers are not interested in doing any work; they just want to bring their toothbrush and move in.”

Link to article by Robin Finn, Feb. 7, 2014, NYT

65 Ericas Lane Sagaponack
“This newly built modern house comes complete with everything you could want for summer fun. Outside, there’s 1.4 acres with two outdoors fireplaces (only one is for the Poors), pool, spa, waterfall, outdoor kitchen, cabana, phantom screens, tennis, you name it. Indoors, there’s a “cutting edge” home theater (with sparkly ceiling!), seven bedrooms, eight baths plus two powder rooms, four fireplaces, all in 8600sf. The kitchen features a Miele “coffee system” and a teppanyaki grill (yum). All this, “just “2 country blocks from the ocean.” That is, half a mile. The property (teardown) sold back in June for $4.1M. Price seems high compared to others on the market; we’d be happier with $9M.” (Photo and comments courtesy of Curbed NY.)