Real LI

Buying and selling real estate in the communities of Long Island

Why you should buy their house in Sayville

Debra and Robert Abbate in the living room

(Credit: James Carbone)

Sellers. Debra and Robert Abbate

Address. 76 Maple St., Sayville

Asking price. $649,000

The competition. A waterfront three-bedroom, 2½-bath ranch on Westgate Drive is on the market for $849,900.

Recent sale in the area. A four-bedroom 3½-bath Colonial on Poplar Street sold for $540,000 at the end of October.

Taxes. $11,067

Time on the market. Since May

Listing...

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Rich Cribs: $40 million Water Mill mansion, and more

This waterfont mansion in Water Mill is on

(Credit: Handout)

A gambrel-style waterfront mansion in Water Mill, listed for $39.95 million comes with its own island -- of sorts. The small bit of land, which lies across from the main property on Mecox Bay, is only visible at low tide.

“It’s like Brigadoon -- it’s there, and then it’s not there,” says Gary DePersia of The Corcoran Group, who is marketing the property with Harald Grant of Sotheby’s International...

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Trulia sees slow rebound for LI house prices

The national asking price of homes rose 5.1

(Credit: iStock)

The national asking price of homes rose 5.1 percent from 2011 to 2012, according to real estate website Trulia. However, the figures for Long Island are not as robust. During the same period, Nassau and Suffolk counties combined saw an increase of .07 percent.

Jed Kolko, Trulia’s chief economist, has a few theories on why Long Island lagged. “New York has a slower foreclosure process than...

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News 12 clip: Anderson Cooper Quiogue home, and more

CNN anchor Cooper Anderson is putting his house

(Credit: Handout)

Newsday's LI Home editor Valerie Kellogg appeared on News 12 Long Island Tuesday, as she does every Tuesday around 7:15 p.m., to talk about three high-end homes on the market, including one owned by broadcaster Anderson Cooper, who wants to rent the  Qiogue place. Here's the clip, in case you missed it, with a list below of the agents representing each of the properties. To see past segments,...

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Construction of Sag Harbor Bulova site moves along

Construction of the Watchcase Condominium Project on the

(Credit: Handout)

Construction of the luxury Watchcase Condominium Project — on the site of the former Bulova Watchcase Factory in Sag Harbor — is moving along.

A model unit is slated to be completed by early spring, and the sales office should be ready in April or May, says Craig Wood, a principal of Cape Advisors, the Manhattan-based developer.

Set on 2.3 acres, the historic 1881 four-story factory...

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Great River home comes with a castle tower

A castle tower is a striking feature of

(Credit: Handout)

Retreat from reality at the end of each day by coming home to your own private castle. The three-bedroom, four-bathroom home in Great River, on the market for $649,000, features its own 40-foot tower.

Originally built in 1890 as a carriage house for a larger estate, the 3,076-square-foot home still retains much of its antique charm, despite renovations to create a more energy-efficient interior....

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Why you should buy their house in Oceanside

Karin and Wayne Goodman with their daughters, clockwise

(Credit: Danielle Finkelstein)

Sellers. Wayne and Karin Goodman

Address. 4 Gerard Ct., Oceanside

Asking price. $419,500

The competition. A three-bedroom, 2½-bathroom expanded ranch on Harrison Avenue is on the market for $449,000.

Recent sale in the area. A four-bedroom, 1½-bathroom Colonial on Malcolm Court sold in June for $467,000.

Taxes. $8,300

Time on the market. Since Oct. 13

Listing...

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Cutchogue B&B, Andrew's Legacy, is for sale

This 10-room Colonial in Cutchogue, home to a

(Credit: Handout)

A 10-room Colonial in Cutchogue, home to a bed-and-breakfast called Andrew’s Legacy, is on the market for $699,000.

Owner Liz MacNish has run the B&B with her son, Mark, since 2004. “It’s a lot of fun,” she says, but it is time to move on. The house was built in 1921 by a grandfather of her late husband, Richard, and the B&B carries the grandfather's name, Andrew.

There are five...

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Rich Cribs: Orient property with vineyard, and more

A 26-acre beachfront property in Orient includes an

(Credit: Handout)

ATTENTION WINE CONNOISSEURS. If you’ve ever dreamed of owning a vineyard, 2013 may be your year. For $6 million, that is.

That’s the asking price of a 26-acre beachfront property in Orient. One piece of the property has an 11.5-acre vineyard with four grape varietals -- Cabernet Sauvignon, Cabernet Franc, merlot and chardonnay. The owner produces wine for himself and for his friends, says...

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Foreclosure clinic Monday for Nassau homeowners

Despite rising home values that suggest a housing

(Credit: iStock)

Nassau County residents who are at risk of mortgage foreclosure can get free guidance at a series of legal clinics from 3 to 6 p.m. Monday.

The Nassau County Bar Association will offer the foreclosure clinic at its headquarters at 15th and West streets in Mineola.

Volunteer attorneys will offer one-on-one guidance about foreclosure, loan modification and bankruptcy. Federally certified...

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