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· collected 2026-09-06 · by TOI Real Estate Desk
The property in question is the Crest House, a four-bedroom glass house located in Cherry Grove on Fire Island, New York. Despite being listed for $3.995 million after two major price reductions from its original $5.25 million listing, no buyer has emerged yet. The house's asking price would still be above the existing sales record in Cherry Grove, which is $2.7 million, according to listing agent Nikola Cejic of Douglas Elliman's Lord Chapin Team. Over 350 people have viewed the property since it went on the market in July 2026, but a sale has yet to be made.
Written by the local model on 2026-09-06,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
A striking glass house in Cherry Grove on New York’s Fire Island has attracted more than 350 viewers since it went on the market, but the attention has not yet resulted in a sale.
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attention → attract → sale
The four-bedroom property, known as Crest House, was initially listed for $5.25 million in July 2026.
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property → know → July
The property has since undergone two major price reductions.
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property → undergo → reductions
According to Realtor, after first dropping to $4.85 million a few weeks after its launch, the asking price has now been cut to $3.995 million.
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price → accord → million
That means the seller has reduced the price by a total of $1.255 million from the original listing.
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seller → mean → listing
Even at the reduced price, the house would be far above the existing sales record in Cherry Grove if it sells close to its current asking price.
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it → reduce → price
According to listing agent Nikola (Niko) Cejic of Douglas Elliman’s Lord Chapin Team, the highest price ever paid for a property in Cherry Grove is $2.7 million.
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price → accord → Grove
Despite the unusually high asking price, the property has generated considerable interest from potential buyers.
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property → generate → buyers
Cejic said, “We have had over 350 people view the house,” Cejic says.
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Cejic → say → house
“It got the most attention of any listing but wasn't selling.”
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It → get → listing
Large oceanfront property
Crest House sits on a rare 120-foot double lot and covers 7,130 square feet.
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House → sit → feet
The property is being sold fully furnished, giving the next owner a ready-to-use home.
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property → sell → home
The house was custom-built in 2012 as a post-and-beam residence.
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house → build → residence
It has 120 feet of direct ocean frontage and is fully solar-powered.
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It → have → frontage
Its design focuses heavily on the surrounding water, with the home positioned to make the most of its location.
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home → focus → location
“The way the home was constructed, it was directed toward the water,” Cejic says.
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Cejic → construct → water
“And the thing that drew the owner here is its peace, calmness, and seclusion.”
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that → draw → owner
The three-storey home has several features designed to connect its interior with the outdoors.
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home → have → outdoors
The three-storey home has several features designed to connect its interior with the outdoors.
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home → have → outdoors
These include vaulted ceilings, a floating staircase, oversized windows and retractable glass walls.
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These → include → ceilings
The property also has three fireplaces.
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property → have → fireplaces
This includes large decks, a covered porch, a private courtyard and a heated pool.
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This → include → decks
The outdoor areas were also designed with entertaining in mind.
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areas → design → mind
“It is a great house for large-scale entertaining,” Cejic says.
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Cejic → say → entertaining
“The seller wanted a modern sleek family home to entertain.
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seller → want → home
They had a musician on the deck, and there was still a ton of space left.
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They → have → space
You could have a 200-person concert on the deck.”
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You → have → deck
Why location matters
The property’s setting is a major part of its appeal.
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setting → matter → appeal
Fire Island is a car-free community and can be reached from mainland Long Island by a short ferry ride.
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Island → reach → ride
Within Cherry Grove, residents and visitors travel mainly on foot and along boardwalks.
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residents → travel → boardwalks
Cejic says this makes the community particularly secluded and contributes to its distinct character.
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community → say → character
“Cherry Grove is all walking and boardwalks, so it's very secluded,” Cejic says.
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Cejic → say → ?
“It's a real hidden gem and kept under the radar.”
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It → keep → radar
The listing agent also says the property is expected to serve as a second home for its eventual buyer because Fire Island is a resort town.
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Island → say → buyer
The current marketing is aimed at buyers from Manhattan as well as members of the LGBTQ community.
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marketing → aim → community
The house is also located close to Fire Island Pines.
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house → locate → Pines
The community is about a 15-minute walk from Cherry Grove and has its own high-end property market.
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community → have → market
Fashion designer Michael Kors has listed a beachfront compound there for $6.25 million.
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Kors → list → million
For Crest House, however, the challenge remains finding a buyer willing to pay a price that would set a new record for Cherry Grove.
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that → remain → Grove
“You can't get better than 120 feet of ocean frontage and beach access,” Cejic says.
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Cejic → get → frontage
