Southold, NY. Sunday November 8, 2009.

Southold, NY. Sunday November 8, 2009. Credit: Newsday/photo by Pablo Corradi

Sellers: Herb and Bernadette Quinn

Address: 940 Oak Dr., Southold

Asking price: $549,000

The competition: Similar homes in the Southold school district are listed between $365,000 and $2,549,000.

Recent sale on the block: A ranch on Oak Drive is in contract for $410,000.

Taxes: $6,415

Time on the market: Since August

Listing agent: Henrietta Chituk, Brown Harris Stevens North Fork, Cutchogue, 631-734-2951

Why it's for sale: Herb, 74, says he and Bernadette, 72, want to travel.

In 1993, the Quinns purchased this 1940 Cape in Reydon Shores, a private bay beach and boating community. The couple, who lived in Syosset at the time, became year-round residents in 2000. At that time, they expanded the house, doubling its size to about 2,000 square feet. The seven-room home has three bedrooms, two bathrooms, a stone fireplace and a full basement as well as updated plumbing and wiring.

Herb explains: "The house is practically brand-new, given the work on it. We expanded it front to back. It has a pitched roof, so when you come in, there's a loft. Behind that is a modern kitchen, a great room and a bedroom that is 16 feet by 20 feet. . . . I have a workshop and an office in the cellar. . . . A really big draw is the community beach and marina."

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