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$3,800,000 Just Listed
Property Description
Privacy in the Village on Quiet Lane This village 4 bedroom 5.5 bath property speaks for itself. The inviting entry hall leads you to an open floor plan of living, dining, a generous bedroom with ensuite bath, as well as a powder room for guests. The chef's kitchen with SubZero and Wolfe appliances opens to the heated Gunite pool with attached spa and the comfortable outdoor dining/entertaining area. The second floor houses the primary bedroom with its private deck and ensuite bath which includes a steam shower. You will find another bedroom with ensuite bath and dressing galley. The washer dryer are situated here for your convenience. The comfortable finished lower level affords another living space for entertaining complete with a movie projector and large screen. It also offers the fourth bedroom with its own full bath. The other full bath is adjacent to the media room. This village home is at one end of a quiet street and is in easy proximity of East Hampton shops, restaurants and transportation. The property is enclosed by flowering climbing hydrangea and cherry laurel. There is a blue stone patio adjacent to the pool and a charming shed for storage. This home will work for year round living or as a great weekend beach house.
Full Property Details
Full Property Details for 1 Palma Terrace
General
- Price: $3,800,000
- Taxes: $12,230
- Status: Active
- Type: Single Family
- Source: Long_Island
- MLS ID: 996581
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: First Floor Bedroom, First Floor Full Bath, Chefs Kitchen, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan
- Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In-Ground, Pool/Spa Combo
- Spa: Yes
Parking
- Parking Features: Driveway
Location
- County: Suffolk County
School Information
- High School District: East Hampton
- Elementary School: John M Marshall Elementary School
- Middle School: East Hampton Middle School
- High School: East Hampton High School
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Geothermal
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Traditional
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Sq. Ft. Source: Plans
- Year Built: 2009
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
Financial Considerations
- Tax Amount: $12,230.44
Disclosures and Reports
- Special Conditions: None
- Property ID: 0301-001-00-03-00-002-000
Listed by Brown Harris Stevens Hamptons
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Schools
Schools serving 1 Palma Terrace
School District:East Hampton Union Free School District
| Name | Grades | Distance |
|---|---|---|
John M Marshall Elementary School 3 Gingerbread Lane, East Hampton, NY 11937 | PK-5 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Palma Terrace
Date
Details
Price
Change
Source
5/28/2026
Listed
$3,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 Palma Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,338
100%
$14,400
—
2020
100%
$14,400
—
2022
-100%
$14,400
—
2016
$13,988
-5%
$14,400
—
2020
$14,717
3%
$14,400
—
2018
$14,307
44%
$14,350
—
2017
$9,942
1%
$14,350
—
2016
$9,822
—
$14,350
—
2015
$9,858
1%
$14,350
—
2015
$9,727
2%
$14,350
—
2014
$9,534
5%
$14,350
—
2013
$9,087
—
$14,350
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Palma Terrace
1 Palma Terrace, East Hampton, NY 11937 (MLS# 996581) is a Single Family property with 4 bedrooms, 5 full bathrooms and 1 partial bathroom. 1 Palma Terrace is currently listed for $3,800,000 and was received on May 28, 2026. Want to learn more about 1 Palma Terrace? Do you have questions about finding other Single Family real estate for sale in East Hampton? You can browse all East Hampton real estate or contact a Coldwell Banker agent to request more information.