In the largest East End land purchase in ten years, the Town of Southampton has purchased 86 acres of woodland for $5.1 million.
Compass agents Scott A. Strough and Christian Lipp arranged the sale, which was funded through the Community Preservation Fund and the Town of Southampton.
Located at 30 Old Country Road in East Quogue, the property is sited within the Town of Southampton Aquifer Protection Overlay District as well as the Suffolk Special Groundwater Protection Area.
“An opportunity to preserve one of the largest tracts of land in the Town of Southampton is really satisfying. Groundwater protection is priceless and hopefully we can make a difference with this sale,” said Strough.
Lipp added, “Both groundwater protection and the conservation of natural resources and habitat were the drivers of this deal. The sellers are happy that they can be part of something that will have a positive impact on future generations.”
With land values among the priciest in the country, East End residents have struggled to combat over-development while preserving the natural beauty of the area.
Since inception, the Community Preservation Fund has purchased more than 3,000 acres of land, and raised more than $1 billion toward preservation and stewardship programs.