Before it was reduced to a smoldering pile of ash, The Sandpiper cooperative on Dune Road was once a summer destination for wealthy Manhattanites.
Units, all around the size of a New York City apartment, came complete with pool access and views of both the Altantic and Moriches Bay.
According to Westhampton Beach Village records, the 375-foot-long, 30-foot-tall and 50-foot-wide building was constructed in 1959 at a cost of roughly $216,000. As of this year, some of the 600-square-foot, single-bedroom units were selling for almost $300,000 each.
Maria Cunneen, a Corcoran associate real estate broker, said she sold five units there in recent years, with prices ranging from $244,000 to $285,000, depending on which features were installed in each unit. Values were on the rise, Ms. Cunneen added, as limited oceanside housing in Westhampton Beach became even more limited when the owners of the Dune Deck hotel announced that it would not be reopening this season.
“It was really ideal for the Manhattanites who liked to come in for the weekends and for the snowbirds who return from Florida,” Ms. Cunneen said. “Now you’ve got a tremendous market for summer rentals that just isn’t being met.”