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Real estate in Miller Place
The north shore of Long Island, New York, is a magnet for prospective homeowners and property investors alike. Miller Place, located in Suffolk County, is a prime spot for those seeking to purchase a house or apartment in an idyllic location blessed with pristine beaches and an inviting coastal vibe. This charming hamlet is renowned for its mix of colonial and modern architecture, beautifully encapsulated in the historic district, lending it a distinct character reminiscent of a "Timeless Hamlet." Before you engage the services of a local realtor, it's prudent to understand the current state of the Miller Place real estate market, explore what types of properties are available, and ascertain the going rate for a vacation home in this uniquely captivating locale. Long Island's real estate is varied, offering a wide range of options from luxurious waterfront estates to quaint suburban homes, satisfying every taste and budget. Miller Place, with its serene environment, excellent schools and close proximity to New York City, is truly an ideal place for a dream home or an investment property.
Miller Place properties: Market trends overview
The real estate market in Miller Place, New York, has seen consistent appreciation in prices, making it highly attractive to domestic and international investors alike, particularly those from Canada, Europe, and Asia. Its impressive location on the north shore of Long Island gives the benefits of a tranquil, relaxed lifestyle juxtaposed with the excitement of a popular tourist destination, thanks to its beautiful beaches, community parks, as well as easy access to the bustling city of New York. Miller Place offers an enticing mix of coastal charm, rich history, and outstanding quality of life. Over the past several years, the local authorities have stepped up their efforts in town development, leading to a wide array of property options for both domestic and overseas home buyers, which encompasses contemporary and practical terraced houses, apartments, sleek villas, traditional farms, and luxurious penthouses. A property to suit every budget and lifestyle choice can be found with relative ease in Miller Place, making this picturesque town increasingly appealing to foreign buyers.
Average price of a property for sale in Miller Place
What would be the typical cost to acquire properties in Miller Place, New York? The answer is not absolute given the numerous elements at play such as the nature of the property, distance to key landmarks and utilities, amenities provided, as well as individual particularities (upscale features, size, easy access, and so on). Current data reveals that the peak listing price for properties for sale in Miller Place was around $452 per square foot. You will find the costliest properties situated in the prestigious Echo Avenue-Imperial Drive area. The most affordable prices, with an average per square foot price of around $372, are noticeable in the North Country Road-Miller Place Road area. At this time, the mean listing price for a residence hovers roughly around $502,808.
Types of properties can you find in Miller Place
Miller Place, New York, features a variety of real estate types ranging from contemporary condominiums to high-end waterfront homes, and classic American style houses. Preferred properties can be found within a secured residential community. Available are 3-4 bedroom condos with spacious balconies and dual-level homes. Each level of these homes features its own entryway, along with ample balcony space and a separate kitchen. Alternatively, you might choose a newly built waterfront property positioned advantageously in Miller Place, providing breathtaking views of the Long Island Sound, within easy walking distance to local beaches, and presenting an idyllic living environment. In Miller Place, you can find a home that reflects the charm of small-town life while offering convenient access to the attractions and amenities of New York.