US Coast Guard Property In New York To Be Auctioned, Want To Buy It?

In 2022 American Home Shield estimated that homes located on waterfront have an increased value of approximately 78%! What's the saying? "Mother Nature isn't making anymore water". If you can find property on water, make a splash and grab it! Today could be your lucky day.

The United States General Services Administration (USGSA) is auctioning off a former United States Coast Guard housing which sits on the water on the eastern end of Long Island, New York. Now's the time to test the waters.

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According to the USGSA website, the GSA’s Office of Real Property Disposition is responsible, in part, for selling surplus federal land. These properties can vary widely. Often times, for example, you may bid on a lighthouse or in this case a former military property with water rights.

This property known as "The Cove" sits on .8 acre parcel with .5-acres of land located adjacent to the Fishers Island Ferry Dock on Greenwood Road, Fishers Island, Town of Southold, New York. The Property is improved with a 2-story 2,700 square foot cape style house with 3 bedrooms and 2 bathrooms. The Property has 132 feet of water frontage on Silver Eel Cove with a wooden deck and floating dock.

The bidding on this property started at $100,000 and it's easy to place a bid. You don't have to go to an auction house, simply place your bid online and you can do that right HERE. Hurry, the bidding ends Friday August 16th at 7pm.