T
he Townes at Ketchaponack, a new condo development in Westhampton Beach, has recently been put up for sale. The project, which was approved by the state, will feature 37 units ranging in size from 2,000 to 2,300 square feet. Each unit will have two bedrooms, two bathrooms, and one half-bathroom. The development is being carried out by Wantagh-based Carriage Hill Developers on a 9.4-acre site that was previously home to an asphalt plant. Site work is set to begin this month, with construction expected to start in October. The first units are expected to be completed by next summer.
The asking prices for these condos range from $990,000 to $1.19 million, according to listing broker Denise Perfido of Kerrigan Country Realty. The condo community will feature a clubhouse, pool, exercise room, and pickleball courts. It is located approximately 1.7 miles away from the beach.
The South Fork has been experiencing a shortage of condo units, with only 33 on the market in the second quarter of 2024, according to a Miller Samuel report. The median sale price for these 18 condos sold during the quarter was a little over $1 million.
The Townes at Ketchaponack is one of several condo developments in the area. Other developers are also eyeing the potential of the 47-acre Westhampton site for their projects. Beechwood, for instance, plans to build dozens of homes in Westhampton Beach.
The development of these condos is expected to bring new opportunities for buyers looking to invest in the area. With its prime location and amenities, The Townes at Ketchaponack is poised to become a popular choice for those seeking a luxurious beachfront lifestyle.
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