33 Whalers Drive

Sag Harbor, NY 11963

The Opportunity: The Rare 11963 Compound This is not just a home — it is a strategic Sag Harbor asset set on an oversized 20,056 sq. ft. lot (0.460 acres) backed by protected preserve land for exceptional privacy. The property currently features a 910 sq. ft. main residence and a 690 sq. ft. detached two-story garage with studio above — a legal two-structure compound with extraordinary future upside. A True Zoning Advantage — A Proven Game Changer. Official documentation confirms the property is approved to be treated under R-15 residential zoning rather than CR200 — a rare distinction that removes the primary development limitations common to nearby parcels. This clarification dramatically expands buildability, flexibility, and long-term value, unlocking development potential that is exceptionally difficult to find in this location. Current Footprint Only 1,600 sq. ft. is currently utilized — just 8 percent lot coverage - 12 Percent Opportunity. Two legal structures. Infinite possibilities. The Main House A classic, move-in-ready 3-bedroom, 2-bath Saltbox — ideal for immediate enjoyment or high-demand rental income. The Studio A detached two-story garage with a private studio above — perfect for a home office, guest retreat, creative space, or income-producing rental to offset ownership costs. The Upside — Where the Real Value Lives With only 8 Percent of the lot currently developed, this property offers an unusually large runway for expansion. Envision: • A resort-scale in-ground pool • Designer outdoor kitchen and entertaining pavilion • Expanded luxury residence footprint • Future ancillary structures (subject to approvals)

Listing courtesy of Douglas Elliman Real Estate [email protected]


Based on information submitted to the MLS GRID as of 2026-01-15 05:32 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.