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438 Main St, Amagansett, NY, 11930

4beds
2baths
1,800sqft
$2,695,000
$1,497price/sqft
$18,491/moest. monthly cost
$739,640/yrincome needed

About This Home

Introducing the 1902 Merrick Hand House-an architecturally significant residence crafted by Henry Leek-set on a deep and rare .63-acre parcel in the heart of Amagansett. With its historic designation, the home's iconic front façade must be preserved, while permitted expansion and renovation provide an exceptional opportunity to blend timeless character with modern luxury. The first floor features a welcoming living room with a wood-burning fireplace, a separate dining room, a kitchen, and an ensuite bedroom. A curved staircase with a beautifully crafted handrail leads to the second floor, where three bedrooms share a hall bath, and a legal third floor offers additional space for storage or future customization. Outside, the property includes a pre-existing non-conforming garage and shed. Set further back is a gunite heated pool, surrounded by ample space to create a generous lawn or expanded outdoor living areas. With the ability to build up to 3,435 square feet, the potential to put a personal stamp here is extraordinary. Located south of the highway and just moments from Atlantic Avenue Beach, this offering sits in one of Amagansett's most coveted locations. Amber Waves Farm, the train, the Jitney, and the village's shops and restaurants are all just seconds away-making this historic estate a rare opportunity to create a bespoke Hamptons retreat.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

5/10
Amagansett SchoolGrades PK-60.3 mi
5/10
Springs SchoolGrades PK-82.9 mi
7/10
East Hampton High SchoolGrades 9-123.5 mi

Construction

Condition

  • Year built: 1902

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Fireplace: Yes

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,800 sqft

Property

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: Heated

Lot

  • Lot size: 0.63 Acres

Parking

  • Parking features: GarageDetached
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Coastal Flooding
Hurricane
Winter Weather
Tsunami

FEMA Declared Disasters in Suffolk County and New York

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,627$163,524
Home Insurance *$929$11,148
Property Taxes $3,638$43,656
Electricity $297$3,569
Total$18,491$221,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$633,977/yr
40% on housing$554,730/yr
45% on housing$493,093/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.6%
4.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,497This listing

vs Other Active Listings

Avg $/sqft

ZIP 11930$1,920
Suffolk County$723

vs Homes Sold Last Month

Median $/sqft

ZIP 11930$1,527
Suffolk County$412

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-03Price change$3,495,000
2025-12-13Listed for sale$3,795,000

For Sale by Agent

AgentHeather Saskas - Real Estate Sales Person
BrokerageCompass

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