Business

Real Estate: The Reserve at Baiting Hollow is ready for occupancy

The Reserve at Baiting Hollow

Light-filled, airy and luxurious are just a few adjectives that come to mind when describing The Reserve at Baiting Hollow, a fully renovated condominium complex overlooking Long Island Sound.

“Everyone gets that contact with the outdoors, which is what these homes are really all about,” said Lee Passavia, founder and principal of Domus Group, the Stony Brook real estate development firm that purchased the property’s existing eight-unit building and two cement foundations in April 2015.

The units, which offer three different floor plans, all have skylights and sliding glass doors that span the width of each bedroom. Upstairs residences also feature private balconies with composite decking material and maintenance-free railings.

The Reserve at Baiting HollowMr. Passavia said Domus Group tracked the property for a couple years before the opportunity to purchase it “finally arose.”

“When we came to this community, we could see it was beautiful already,” he said. “It’s extremely well-kept with spectacular views throughout, including the common spaces.”

To blend in with its neighbors at The Knolls at Baiting Hollow, which was built in the 1990s, The Reserve at Baiting Hollow building features light gray vinyl siding. Craftsman-style details, like gabled roofs, have also been incorporated to the structure’s exterior.

Inside, units are outfitted with quartz kitchen countertops, solid wood cabinets and stainless steel appliances. Master bedroom suites all have walk-in closets and double bathroom vanities equipped with Kohler faucets and trim, Mr. Passavia said.

“We really didn’t spare any expense,” he said. “We did this at a quality level that would apply to much higher-end product.”

Construction on the condominiums, which offer two bedrooms and two or 2.5 baths and are located adjacent to the 84-unit Knolls at Baiting Hollow community, initially commenced in 2009.

“A developer had started this project and ran into hard times during the recession years and ended up not being able to complete it,” Mr. Passavia said. “He started and there was quite a lot left to do, so we took over from where they left off.”

The Reserve at Baiting HollowAfter the incomplete work left neighbors dissatisfied, The Reserve at Baiting Hollow’s eight-unit building was gutted by Domus Group in January and is now ready for occupancy. Construction of two additional eight-unit condominiums will begin later this year atop two existing foundations on the three-acre property, Mr. Passavia said. Those buildings are slated for completion sometime in 2017.

The existing condominium units are listed between $379,000 and $429,000.

“We’re taking over and starting everything fresh, modern and new, with all of today’s technologies,” Mr. Passavia said.

Mr. Passavia, a green-certified builder who sits on the board of the Long Island Real Estate Group, said it was important that the condominiums offer the latest in environmentally friendly cooling and heating systems. To that end, he said, the units have natural gas and 90-percent-plus efficient furnaces.

“Your cost of living here is going to be significantly decreased,” he said.

In addition to amenities and water views, Mr. Passavia said The Reserve at Baiting Hollow offers buyers a location that is at once convenient to the Long Island Expressway and a stone’s throw from the area’s bucolic farms and vineyards.

“You have everything the North Fork has to offer,” he said. “But you can still get to all the shopping, all the restaurants.”

[email protected]

Photos: (Top) Like the other floor plans, ‘The Meritage’ features an open layout with solid wood kitchen cabinets and quartz countertops. (Middle left) Lee Passavia, founder of Domus Group, points out the cement foundations where two additional condominium buildings will be constructed at The Reserve at Baiting Hollow. (Middle right) The living area in ‘The Meritage,’ one of three floor plans offered by The Reserve at Baiting Hollow. Mr. Passavia’s mother, Cindee, who owns CG Design in Stony Brook, staged the space. (Credit: Barbaraellen Koch)