Five-Year Real Estate Market Analysis - Sag Harbor: A Continued Transformation With No Signs Of Slowing
- Sarah Minardi
- 6 hours ago
- 7 min read
Everything I share here comes from my own work, my own conversations, and my own understanding of the market. These are my views, not official valuations or investment guidance in today's market. - Sarah Minardi
For my last installment, I began to look at the past five years in real estate, with
Today, Sag Harbor. Next stop will be Bridgehampton.
I have been studying the numbers for my own edification, and Sag Harbor has one of the most fascinating five year stories on the entire East End. When I look at Sag Harbor, I do not just see appreciation. I see transformation. I see a village that has become a year-round community, a second home destination, and a cultural center all at once. Every time I walk Main Street or drive down to the wharf at the end of the day, I understand why the activity and the prices have climbed the way they have.
Sag Harbor has something the other Hamptons towns do not have in quite the same way. A living, breathing village. No papered-up storefronts announcing "see you in the spring." A sense of history that has not been pushed aside. The whaling cottages, the restored storefronts, the water right there at your feet. Writers like Steinbeck were inspired. The literary literati in the 80s and 90s had Jason Epstein from Random House hosting dinner parties that included some of the great writers of the 20th century. They argued all weekend. Peter Matthiessen, Gore Vidal, Norman Mailer to name a few.
It is the one village on the north side of the South Fork's East End where its adoring inhabitants consciously made it a small home, a historical village, filled with people who preferred the harbor to the ocean. They came for weekends of walking into town, seeing those they knew and keeping pretty much to themselves.
But that all changed as the Hamptons changed. Over the past five years, more buyers have realized that Sag Harbor offers a lifestyle that feels grounded, intimate, and creative. That shift in awareness has changed the market dramatically.
Even in the past year alone, I have noticed how many people who once searched instinctively in East Hampton or Bridgehampton are now starting in Sag Harbor. They want the simple, leisure dress and creative stores and events. They want the restaurants and shops that stay open later at night and after summer. They want the marina life. They want a sense of community that continues throughout the year. That change in buyer behavior has pushed Sag Harbor forward with real force.
One of the strongest drivers of appreciation has been the renovation wave. So many of the older homes have been restored beautifully over the past five years. Buyers will pay for history when it has been done well. When a restored whaling cottage or a polished village house comes on the market, it rarely lasts long. These homes set the tone for the rest of the village and push expectations higher for every street around them.
Bayfront and harbor-front properties have also rewritten the pricing structure. It used to be that these homes were considered special but still within reach. Today, they are some of the most sought-after properties in the Hamptons. When a waterfront home with a dock or unobstructed views comes up, it draws attention from buyers who are also looking in East Hampton Village or even the oceanfront sections of Amagansett. That cross-buyer interest alone has raised Sag Harbor's ceiling dramatically.
And, the Bulova Watch factory turned Watchcase high-end loft condos? The brick building now known as “The Watchcase,” is a luxury condominium complex where units have sold in excess of $7 million. The converted 19th-century watch factory building offers high-end lofts, townhouses, and penthouses, with recent sales, such as in early 2025,
reaching nearly $4 million.
What I always notice in Sag Harbor is the mix of residents. There are lifelong locals. There are young families who want a year-round rhythm. There are artists and writers who fall in love with the village streets the way so many of us have. There are second home buyers who want a quieter alternative to the larger Hamptons towns. That diversity creates stability and stability creates appreciation.
The surrounding neighborhoods tell their own stories. The small Sag Harbor school district draw is strong. Noyack has become a serious contender for buyers who want water access and a quick drive into town. North Haven, with its privacy and its island feel, has seen steady demand from people who want to be close to Sag Harbor Village but tucked away from the activity. All of these pockets feed into the strength of the Sag Harbor market overall.
Village homes that are renovated and within walking distance to Main Street often fall between $3.5 and $6 million, with historic cottages reaching higher depending on size and street.
North Haven properties typically range from $3 to $6 million based on privacy, acreage, and renovation level, with land trading around $3 million and true waterfront estates regularly exceeding $10 million.
Homes in Noyack generally range from $1.6 to $3.8 million, with renovated houses near the water trading toward the top of that range.
When I look at Sag Harbor's five year rise, what I see is not just appreciation. I see a village that has fully come into its own. A place that feels lived in and loved. A place that attracts people who want both beauty and substance. Strong renovation quality. Stable demand. A year-round community. A waterfront that remains one of the most beautiful on the East End. All of it has combined to create a market that grows steadily and confidently.
Sag Harbor's appreciation does not surprise me. It confirms what so many buyers, and so many longtime residents, have felt for years. This is one of the most complete and compelling real estate stories on the East End, and I expect the next five years to be just as strong.
Some of my favorite examples of sales are below ...
- Sarah Minardi
Sag Harbor Village
20 Union Street, Sag Harbor
Sold in September 2025 for $11,800,000
Once the “Summer White House” for President Chester A. Arthur, homes like this represent the very best of Sag Harbor Village living. A landmark residence that has been completely and sensitively renovated, it pairs historic pedigree with modern comfort and
true walk-to-town proximity.
8 Dartmouth Road, Sag Harbor
Sold in September 2025 for $7,305,000
Double-lot village properties like this show the rare value of combining scale, water influence, and thoughtful design within Sag Harbor Village. Set in the coveted Redwood / College Point peninsula, it pairs sweeping cove views with a beachy, well-crafted home and strong indoor-outdoor living.
"The Watchcase
Sold in July 2025 for $1,850,000
Bungalow residences at Watchcase illustrate the appeal of village-centered, design-forward living with a resort-style layer. A corner unit with private garden space, vaulted ceilings, and direct access to amenities shows how thoughtful layouts, architectural character, and turnkey ownership continue to drive strong demand within this unique
Sag Harbor community.
Sold in January 2025 for $2,825,000
Townhouse residences like this show why “The Watchcase” continues to attract buyers who want the privacy and scale of a single-family home paired with full-service village living. Set just off Main Street, it's a strong example of how thoughtful design, private outdoor space, and access to resort-style amenities create a compelling alternative to traditional village houses, all within a walk-to-everything Sag Harbor location.
Noyack
39 Maple Lane, Sag Harbor
Sold in August 2025 for $2,675,000
True waterfront opportunities like this in northern Noyack are increasingly rare. Set directly on the bay with wide-open views and strong renovation potential, it's a compelling example of how on-water location, privacy, and upside continue to drive value. A move-in-ready starting point with the ability to elevate over time, just minutes from Sag Harbor Village.
Sold in April 2025 for $1,524,000
Properties in this elevated, wooded section of Noyack continue to attract buyers looking for land, privacy, and future upside. Set on nearly an acre between Stony Hill Road and Noyack Road, this home offers a solid footprint with strong renovation or redevelopment potential. It's a clear example of how location, lot size, and the ability to create something new drive real value in this pocket of the Sag Harbor market.
North Haven Point
Sold in October 2025 for $10,125,000
A newly completed estate like this shows the enduring value of combining privacy, acreage, and refined new construction within a coveted waterfront enclave. Set in North Haven Point and just minutes from Sag Harbor Village, it's a strong example of how location, quality, and thoughtful resort-style amenities continue to drive demand at the highest end of the market.
Sold in December 2025 for $3,995,000
Custom built in 1999 and ready now for its next modernization, a thoughtfully constructed farmhouse like this shows how high in demand North Haven Point continues to be for those seeking peace in the woods, by the water. Set on over two acres and bordering reserve land, this home pairs privacy with a classic Hamptons layout. North Haven Point continues to drive real value and buyer demand.
Wrapping Up
When I look across Sag Harbor Village, North Haven Point, Noyack, and “The Watchcase” together, what stands out is not just price growth, but how consistently buyers have gravitated toward lifestyle-driven locations. Over the past five years, the strongest appreciation has followed walkability, water influence, thoughtful renovation, and quality new construction rather than sheer scale alone. Each of these pockets offers something different, but they share a common thread: steady, durable demand rooted in livability. As the market evolves, the areas that combine character, convenience, and long-term appeal continue to show where value is being earned.