Glass Estate Seeks Record Fire Island Sale After Price Cuts

A modernist glass estate known as Crest House in Fire Island's Cherry Grove has undergone significant price reductions, aiming to set a new sales record for the community. Originally listed in July 2026 for $5,250,000, the property's price was subsequently lowered to $4,850,000 and is now asking just under $4 million, specifically $3,995,000. This latest price point, if achieved, would surpass the current highest sale price in Cherry Grove, which stands at $2.7 million, positioning Crest House as the most expensive property ever sold there. Listing agent Nikola (Niko) Cejic of Douglas Elliman's Lord Chapin Team noted that the market in Cherry Grove is unique, with $3 million to $3.5 million typically representing the top of the market. Despite attracting substantial attention, with over 350 viewings and widespread local awareness, the estate had not yet sold at its previous price points. The property is situated on a rare 120-foot double lot and spans 7,130 square feet. It is being offered fully furnished, presenting a turnkey opportunity for potential buyers. Custom-built in 2012, the post-and-beam residence boasts 120 feet of direct ocean frontage and is fully solar-powered. The design of the home is oriented towards the water, a feature that initially drew the owner due to its perceived peace, calmness, and seclusion. The three-story residence includes a viewing room that can also function as an office, a heated pool, and expansive decks. The unique architecture and direct ocean access contribute to its distinctive appeal within the iconic LGBTQ+ community of Cherry Grove. The estate features four bedrooms and offers breathtaking ocean views from multiple vantage points, including the bedrooms. The construction in 2012 prioritized integration with the natural surroundings, emphasizing the connection to the Atlantic Ocean. The property's location on Fire Island, a barrier island off the southern shore of Long Island, New York, is renowned for its natural beauty and distinct community character. The significant price adjustments reflect a strategy to align the asking price with a more achievable market valuation for high-end properties in this specific locale, while still aiming for a landmark sale.