Sellers. Kenny and Kathy Reed
Address. 5 Summerset Dr., Smithtown
Asking price. $724,470
The competition. A five-bedroom, 3½-bath 1972 Colonial on half an acre on nearby Haskel Lane is on the market for $549,000.
Recent sale in the area. A four-bedroom, 3½-bath 2004 contemporary on half an acre on New Mill Road sold for $645,000 in late June.
Time on the market. Since late June
Listing agents Kathleen Fassler and homeowner Kenny Reed, Coldwell Banker Residential, Smithtown, 631-863-9800
Why it’s for sale. Kenny, 58, a real estate agent and developer, and Kathy, 46, a party decorator who owns her own business, are ready to downsize.
The Reed’ five-bedroom, three-bathroom ranch is brick and stone construction and was built in 1962. It sits on two verdant acres in the center of the Smithtown community. Kathy talks about the house:
“I love the log cabin Adirondack look. In the living room and den, we have pine walls and beams. We have a stone fireplace in the living room and a full wall of stone with multiple sliding glass doors in the den. It’s country but not antique-y. Rustic charm is how I describe it.
We use the house as a four-bedroom. The fifth bedroom is used as an office ... The whole house was gutted and additions added ... 12 years ago ... The kitchen has ... all custom-hickory cabinets and a center island [that we use] as a breakfast bar. The three bathrooms have custom glass block showers. And a large Jacuzzi is in the master bath.
“The setting is absolutely stunning. It is a two-acre parklike setting. It has a natural pond, fully stocked with koi, bass, sunnies and turtles. It is fed by a stream that runs ... the entire length of the property ... to get from the house to the yard you have to cross one of two bridges to get to a football-field-size yard. We have gorgeous shrubs and ornamental trees ... and another koi pond with a waterfall at the ... front entrance of the house...."