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According to our fav real estate gossip guy, Braden Keil of the NYPost, North Haven recently experienced a bidding war on a waterfront property. Check it out:

Warner Music Group chairman Lyor Cohen is spending $6.8 million for a teardown in the Hamptons. Sources say Cohen has just closed on the property in North Haven after a bidding war erupted for the bayfront home, which was listed at $5.5 million.

“Lyor was actually the second-highest bidder,” says a source, “but the guy with the highest offer couldn’t come up with the $7.2 million – and he also lost his $720,000 deposit.”

While the four-bedroom Contemporary is nothing to crow about, the stunning 2.5-acre property has 170 feet of waterfront. Meanwhile, Cohen has taken his Bridgehampton estate with a $9.5 million price tag off the market in anticipation of his lengthy construction project.

see the article here

Foreigners Snap Up US Real Estate

The story:

Foreign buyers snap up U.S. real estate

By Stephanie Armour, USA TODAY

My take:

Are there foreigners out there buying? Of course there are – there always have been!   Foreigners are also leary about buying in this market because of all the negative publicity. No one wants to buy in a sinking market. 

And while people like to lament that “eveyone’s a real estate agent”, I find that “everyone’s a writer” (including some ex-real estate agents).  With the ease of publishing today, anyone can write a story and, using the right buzzwords, get it picked up. It’s amazing to me how many non-relevent stories get picked up by my Google Alerts where writers insert the work Hamptons in there, just to get the piece picked up by SEO.

That’s why, in my opinion, so many of these dramatic, “the world is ending” and Foreigners Gone Wild for US Real Estate” stories get picked up. Editors and publishers are looking for eyeballs and writers who deliver that get kudos -the integrity of our media has gone down the toilet, just like a lot of other things in the digital world. 

As my friend Dave’s mom said to him and I when we were both getting divorced; ‘Well boys, now you did it, and now you’ve got to live with it”.

I’m livin’ with it…

1Q 08

Jonathan Miller has put together the market report for the East End.

Read the complete report here

 

Did you know that the average listing price for the Top 100 listings in the Hamptons is nearly $20,000,000?

That’s pretty amazing. Here’s a look at the Top Listings:

Folio# 11128
Sale IN# 52824

All Photos

400 Ferry Road, Sag Harbor           North Haven

$80,000,000

House

Traditional
2 Stories
Built 1980
1360 Sq. Ft.
OHA Heat

Rooms

3 Bedrooms
1 Baths
Full Bsmt
1 Fireplace(s)
Garage: 2 sp

Property

55.00 acres
Room For Pool
Room For Tennis
Bayfront

One of the Hamptons last great properties.

 

Folio# 12827
Sale IN# 29876

All Photos

919 Scuttlehole Road, Bridgehampton           BH North

$68,000,000

House

Estate / Mansion
2 Stories
Built 1998
20000 Sq. Ft.
STUCCO Exterior
Other Heat
CAC

Rooms

8 Bedrooms
12 Baths
Extra Rooms
Full Bsmt
Garage: 3 sp

Property

60.00 acres
Heated Pool
Tennis
Pondfront

Situated on over 60 acres of rolling farmland, this remarkable waterfront compound has been designed and built with a commitment to excellence. A magnificent collaboration between three brilliant architects, each a master of his field. The architect of record, Allan Greenberg, L.L.D., is regarded as one of the prime interpreters of classicism who has worked on The White House, Princeton University, and Rockefeller Center. The Golf Course (U.S.G.A. rated 18 hole) was designed by renowned golf-course architect Rees Jones, designer of many of the highly-rated courses including Atlantic Golf Club and The Bridge. Landscape architect Edmund D. Hollander, P.C., is among the foremost designers in his field. His inspired transformation of the terrain of this unique property is already legendary. The Gardens, 14 in all, include a traditional English cottage garden, a crabapple allee, a lily walk, a potager (French for vegetable gardens) as well as hydrangea, butterfly and world class rose gardens. Green carpeted grounds are punctuated by three pristine ponds and dock all stocked with bass, perch and pickerel. The 75 ft. flush edge pool with its own pavilion and the grass tennis court and are the definition of leisurely living. Hamptons-based Breitenbach Builders was responsible for executing the plans. The firm incorporated the highest caliber of materials, craftsmanship and unsurpassable quality in this prestigious project. Internationally acclaimed interior designer Michael Christiano added a master’s finesse. Outbuildings include a beautiful guest cottage on 4 acres, pool house, storage silo, barns, pro shop and a unique fish house and Orangerie.

 

Folio# 14022
Sale IN# 14804

All Photos

500 OX PASTURE ROAD, Southampton           SH Village

$59,000,000

House

Georgian
3 Stories
Built 1929
15000 Sq. Ft.
BRICK Exterior
OHA Heat
CAC

Rooms

7 Bedrooms
8.5 Baths
Extra Rooms
Full Bsmt
Garage: 3 sp

Property

15.40 acres
Heated Pool
Tennis
Taxes: 106304
Mainland

Westerly is one of the largest and most celebrated estates on the eastern end of Long Island. Ideally situated in the Estate Section of Southampton, this equisite estate represents the essence of luxury living for the most discerning. Built in 1929 and designed by the firm Hiss & Weekes, this exquisite, 25-room mansion sits on 13.6 acres of vast meadows, formal gardens and specimen trees set behind privacy gates and hedges. Constructed of red antique brick and slate roof, the estate is a classic tale of lavish living inside and out. Beautiful brick terraces, pool pavilion and tennis court cater to privileged summers by the ocean, while grand interior spaces with restored original details and fireplaces are ideal for the most extravagant entertaining. Exclusive.

 

Folio# 13941
Sale IN# 54952

All Photos

120 Meadow Lane, Southampton           SH Village

$45,000,000

House

Traditional
3 Stories
Built 1940
8000 Sq. Ft.
GHA Heat
CAC

Rooms

6 Bedrooms
7.5 Baths
Extra Rooms
3 Fireplace(s)
Garage: 2 sp

Property

1.95 acres
Heated Pool
Tennis
Oceanfront

 

Folio# 14377
Sale IN# 26271

All Photos

70 Briar Patch Road, East Hampton           EH South

$40,000,000

House

Estate / Mansion
3 Stories
Built 2008
12000 Sq. Ft.
OHA Heat
CAC

Rooms

9 Bedrooms
10.5 Baths
Full Bsmt
8 Fireplace(s)
Pool/Guest House

Property

2.10 acres
Heated Pool
Pondfront

This Extraordinary 12,000 square feet estate is brand new and under construction. This mansion sits on over two acres and has exceptional pondfront views. Includes nine bedrooms, eight fireplaces, magnificent master bedroom, full basement, pool/guest house and much more.

 

Folio# 15418
Sale IN# 31737

All Photos

66 Seafield Lane, Westhampton Beach           WHB South

$39,000,000

House

Shingle Style
3 Stories
Built 1903
16000 Sq. Ft.
OHA Heat
CAC

Rooms

9 Bedrooms
9.5 Baths
Extra Rooms
Finished Bsmt
6 Fireplace(s)
Garage: 3 sp

Property

10.37 acres
Pool
Tennis
Taxes: 76109
Bayfront

Celebrated for its beauty, this expansive waterfront estate is distinctively refined.

Majestically overlooking the pristine waters of Quantuck Bay in Westhampton Beach stands a spectacular residence whose sense of elegance and luxury is so impressive that it is truly one of the grandest ever built on the east end of Long Island. The Shingle Style manor house, on 10.37 acres with 1,000′ of water frontage, was built in 1903 for William C. Atwater, a coal baron. He commissioned the architect Henry Bacon, formerly of McKim, Mead & White and best known for his design for the Lincoln Memorial in Washington DC.

The main house comprises c. 16,000 square-feet on three floors, with 24 rooms, 6 fireplaces, nine bedrooms, nine full and two half-baths. Exquisite architectural detail, restored original millwork and generously proportioned rooms afford elegant formal entertainment as well as comfortable family relaxation. Superior craftsmanship has been meticulously maintained and adds to the uniquely gracious atmosphere of this historic treasure.

From a graceful entry with a sweeping, three-story staircase, a welcoming reception area proceeds to a splendid living room with fireplace and a banquet-sized formal dining room with hand-painted murals and fireplace. A large gourmet kitchen with a waterside casual dining area, an inviting billiards room, sunroom, second-floor office and sitting room and a third-floor living room provide the ultimate in luxurious living spaces. Panoramic water views abound from nearly every room.

Offering further accommodations are the poolside original carriage house, covered with century-old grape vines, a guest cottage and the two-story gardener’s house, with a separate driveway, three bedrooms, two baths and living room with fireplace.

True to its magnificent setting, the grounds are without peer. Sixty-four century-old catalpa trees line the estate and the main driveway, while sumptuous formal gardens, manicured lawns, a Lord & Burnham greenhouse, Har-Tru tennis court and a 56 gunite pool with spa provide a wonderfully tranquil lifestyle. Excellent boating on the bay is accessed from a deep-water dock, with yacht clubs, ocean beaches and the open Atlantic just a short sail, kayak or motor away.

A Brown Harris Stevens Exclusive Offering. Please contact us for more details.

 

Folio# 15187
Sale IN# 50918

All Photos

29 WEST END ROAD, East Hampton           EH South

$37,500,000

House

Traditional
2 Stories
Built 1914
5500 Sq. Ft.
OHW Heat
CAC

Rooms

8 Bedrooms
6 Baths
Full Bsmt
7 Fireplace(s)
Garage: 2 sp

Property

2.50 acres
Heated Pool
Taxes: 23,507
Oceanfront

Important oceanfront estate on 2.5 acres with 220± ft directly on the beach in the most sought-after prime estate location in East Hampton. Updated 5,500± sq ft traditional house originally built in 1914 with ground floor ocean views, 8 bedrooms, living room, dining room, skylit studio, oceanside pool and pool house. Generous building envelope would permit construction of a 12,000 sq ft residence and tennis court.

 

Folio# 15136
Sale IN# 34007

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42 Old Montauk HIghway, Montauk           Montauk

$35,000,000

House

Contemporary
3 Stories
Built 1994
7000 Sq. Ft.
Other Heat
CAC

Rooms

5 Bedrooms
4 Baths
Extra Rooms
Finished Bsmt
4 Fireplace(s)
Garage: 3 sp

Property

35.50 acres
Room For Pool
Taxes: 36000
Oceanfront

Set on over 35 acres between the Atlantic Ocean, a freshwater pond and fields and meadows, with 400 feet of ocean frontage, this extraordinary residence is the ultimate retreat. The 7000 square contemporary residence was built to the highest standards, with such featurees as a tiled roof and 3500 square feet of mahagony decking. On 3 levels there are 5 bedrooms, including a sumptuous master suite and 5 baths, stunning living and dining rooms with 16 foot ceilings and walls of glass overlooking the ocean and grounds. There’s a a chef’s kitchen, breakfast room, office and impressive screening room with state of the art JBL system and Creston control. The grounds are spectacular bordered by sagebrush with fragrant white blossoms in the spring, blazing scarlet foliage in the fall and an idyllic flower lined grassy path that leads through private gates to the beach. This is truly the ultimate retreat, a true oceanfront oasis.

 

Folio# 13436
Sale IN# 52650

All Photos

230 Old Montauk Highway, Montauk           Montauk

$35,000,000

House

Contemporary
2 Stories
Built 2006
10000 Sq. Ft.
GHA Heat
CAC

Rooms

4 Bedrooms
6.5 Baths
Finished Bsmt
3 Fireplace(s)

Property

4.10 acres
Heated Pool
Oceanfront

First offering of published residential compound perched on 4 acres (subdivided to two 2-acre lots) above the shoreline with spectacular ocean views and 315 ft directly on a wide sandy beach. Custom built to the highest standards with 7500 sq ft main house plus 2500 sq ft separate guest house. State-of-the art screening room, high-tech gym, luxurious natural materials throughout, infinity edge pool, hot tub. Private path to beach.

 

Folio# 10285

All Photos

1160 Meadow Lane, Southampton           SH South

$35,000,000

House

Traditional
2 Stories
Built 1996
10000 Sq. Ft.
Other Heat
CAC

Rooms

8 Bedrooms
9.5 Baths
Extra Rooms
4 Fireplace(s)
Garage: 2 sp
Pool/Guest House

Property

7.00 acres
Heated Pool
Tennis
Survey
Taxes: 85000
Oceanfront

 

Folio# 12113
Sale IN# 49327

All Photos

1860 Meadow Lane, Southampton           SH Village

$31,000,000

House

Contemporary
2 Stories
Built 1988
6200 Sq. Ft.
OHA Heat
CAC

Rooms

5 Bedrooms
4.5 Baths
Bsmt Partial
2 Fireplace(s)
Garage: 2 sp

Property

5.04 acres
Heated Pool
Tennis
Oceanfront

 

Folio# 13014
Sale IN# 54251

All Photos

121 Brick Kiln Road, Bridgehampton           BH North

$30,000,000

House

Traditional
3 Stories
Built 1898
8500 Sq. Ft.
Shingle Exterior
OHA Heat
CAC

Rooms

11 Bedrooms
9 Baths
Extra Rooms
4 Fireplace(s)
Garage: 3 sp

Property

21.00 acres
Heated Pool
Tennis
Oceanview

Bridgehampton. Originally built in 1898 by local nobility Dr. John Gardiner and named Dulce Domum, this country residence was set upon a twenty-acre parcel two hundred feet above sea level. The soaring vistas viewed southerly across the farm fields to the ocean and north to the Connecticut shore from the 50 ft. observation tower are breathtaking. 475 tons of local rock was used for the base foundation of this twelve bedroom compound, which consists of the considerable main house with multi-level stone terraces, a substantial guest house with a greenhouse conservatory overlooking a botanical nursery and a palatial gunite pool, a substantial barn artist studio with gym, living quarters with a four car heated garage. Lovingly restored and renovated in 1998 accommodating every modern amenity conceivable for a first class life stye. This dignified gated property consists of three single and separate parcels all organic, which consummates rolling distinguished lawns, walking paths, gardens and tennis retreat with basketball court and playground. A most exclusive safe haven of luxuriousness!

 

Folio# 10160
Sale IN# 42918

All Photos

27 Gin Lane, Southampton           SH Village

$30,000,000

House

Traditional
3 Stories
12000 Sq. Ft.
Cedar Exterior
Other Heat
CAC

Rooms

7 Bedrooms
8.5 Baths
Extra Rooms
Bsmt Yes
6 Fireplace(s)
Garage: 2 sp

Property

2.50 acres
Heated Pool
Room For Tennis
Taxes: 55446
Lakefront

 

Folio# 11676
Sale IN# 51127

All Photos

87 and 89 Fresh Pond Road, Sag Harbor           North Haven

$29,500,000

House

Traditional
2 Stories
Built 1800
5100 Sq. Ft.
OHA Heat
CAC

Rooms

6 Bedrooms
5.5 Baths
Extra Rooms
Bsmt Partial
4 Fireplace(s)

Property

30.28 acres
Heated Pool
Tennis
Taxes: 8520.74
Pondfront

 

Folio# 14594
Sale IN# 24105

All Photos

100 Lily Pond Lane, East Hampton           EH Village

$29,000,000

House

Colonial Revival
2 Stories
Built 1913
6500 Sq. Ft.
Shingles Exterior
OHA Heat
CAC

Rooms

8 Bedrooms
5.5 Baths
Extra Rooms
Full Bsmt
3 Fireplace(s)
Garage: 2 sp

Property

1.81 acres
Heated Pool
Room For Tennis
Taxes: 25657
Mainland

For the first time in over three decades one of East Hampton’s most exclusive estates of the Summer Colony has come on the market. This immacuilately restored 1913 Colonial Revival residence, located on world-famous Lily Pond Lane, has been renovated to perfection while maintaining its classic charm. Gracefully situated in a parklike setting with towering century-old trees, this flawless 1.8 acre property has elegant gardens surrounding the perfect pool. The gracious center hall layout includes a 20 by 30 foot Living Room with fireplace, large heated Sun Room with beamed ceiling, 25-foot Entry Gallery, formal 22-foot square Dining Room with fireplace, large Country Kitchen that is a chef’s delight, a double height Great Room, 8 bedrooms, 5.5 baths and the benefit of a 3-bedroom winterized guest house. This is the ultimate East Hampton estate for those who want the best. Exclusive

 

Folio# 13285
Sale IN# 55161

All Photos

9 Morgan Hill Way (AKA 238 Halsey Lane), Bridgehampton           BH South

$27,500,000

House

Modern
2 Stories
Built 1982
12000 Sq. Ft.
Stucco Exterior
OHA Heat
CAC

Rooms

9 Bedrooms
8.5 Baths
Extra Rooms
Full Bsmt
3 Fireplace(s)
Garage: 3 sp

Property

11.54 acres
Heated Pool
Tennis
Taxes: 16538.32
Pondfront

Presiding over 11.5 prime Bridgehampton south acres with 770+/- feet of frontage on majestic Kellis Pond, Morgan Hill Farm is truly one of the Hampton’s Premier Estates. Designed by Victor and Viorica Belcic, Architects, this spectacular compound remains an architectural jewel. At the end of a private country lane, surrounded by breathtaking grounds with rolling lawns and specimen trees this modernist residence offers 12,000+/- square feet of exquisitely detailed living spaces. Master suite with panoramic pond and farm views, eight guest bedrooms, eight full bathrooms and one half bath, expansive living areas, gourmet kitchen, dining room, indoor pool, gym, steam room, home theatre, billiard room, artist’s workshop, wine cellar, 3 car garage, dramatic stone entertaining patios, all weather tennis, children’s playhouse and playground, private dock and caretakers pavilion. Exclusive. By Appointment. $27,500,000

 

Folio# 10362
Sale IN# 35278
Rental IN# 60211

All Photos

383 Rose Hill Road, Water Mill           WM South

$27,500,000

House

Traditional
3 Stories
Built 1920
6500 Sq. Ft.
shingle Exterior
OHA Heat
CAC

Rooms

6 Bedrooms
5 Baths
Extra Rooms
Full Bsmt
4 Fireplace(s)
Pool/Guest House

Property

2.80 acres
Heated Pool
Room For Tennis
Survey
Taxes: 22100
Bayfront

Newly renovated and privately situated, this beautiful traditional is one of the most desirable waterfront properties in the Hamptons. There are approximatley five acres of mature & finely manicured grounds. This gorgeous early 1900’s home is tucked away on almost three acres and an additional 1.8 acre lot is included! Amentities include six bedrooms, six bathrooms, spacious family room, great room, sunroom by the waterside, formal living and dining room, multiple fireplaces, heated gunite pool, central air conditioning, two car garage, and so much more!!. Enjoy sunsets and water views from the large balconies! A must see for your ultimate Hamptons experience!!

 

Folio# 14685

All Photos

2040 Meadow Lane, Southampton           SH Village

$27,000,000

House

Traditional
3 Stories
Built 1983
7500 Sq. Ft.
GHA Heat
CAC/Wall Units

Rooms

6 Bedrooms
7 Baths
Finished Bsmt
2 Fireplace(s)
Garage: 3 sp

Property

3.70 acres
Heated Pool
Tennis
Taxes: $44000
Oceanfront

“Whitecaps”, an original Eugene Futterman design, was built in 1983 by its current owner and prominently featured in Paul Goldberger’s acclaimed “Homes of the Hamptons” architectural review. Strategically located adjacent to 6 acres of protected Southampton Village and Peconic Land Trust property, “Whitecaps” captures commanding views of acres of natural dunescape on the Atlantic Ocean, as well as open vistas of Shinnecock Bay. With 167 feet of ocean frontage this house was positioned near the highest point of the dune crest to offer an irreplaceable setting. Replicated in the traditional summer colony “shingle style” this house is approximately 7500 sq. ft. of living space set on 3+ beachfront acres with heated gunite pool, new hardtru tennis court, 4 car garage, and generous deck and patio space for entertaining. There are six bedrooms, seven bathrooms, and double height entertaining rooms, all with open water views. Great opportunity for Meadow Lane Oceanfront Living.

 

Folio# 14985
Sale IN# 32519

All Photos

1 Beach Plum Court, Amagansett           Amag Dunes

$25,000,000

House

Modern
2 Stories
Built 2009
9200 Sq. Ft.
Pump Heat
CAC

Rooms

5 Bedrooms
6.5 Baths
Extra Rooms
1 Fireplace(s)
Garage: 2 sp

Property

1.55 acres
Pool
Oceanfront

One of 6 modern houses sharing 27 acres of ocean frontage. This spectacular 6 bedroom 9200 sq. ft. home is truely unique. Perched in the Amagansett dunes with views of ocean and bay and 153 feet of private ocean beach, this home will leave no carbon foot print.

 

Folio# 13801
Sale IN# 54313

All Photos

21 Surfside Place, Montauk           Montauk

$25,000,000

House

Other
3 Stories
Built 1960
27000 Sq. Ft.
OHA Heat
CAC

Rooms

12 Bedrooms
12 Baths
Full Bsmt

Property

2.50 acres
Pool
Oceanfront

This singular oceanfront property commands a spectacular location, just east of Montauk Village, with over 260′ of fine, sandy beach. Sited on 2.5 acres, this complex includes 96 rooms, 96 baths, over 26,000 square-feet of living space, plus an additional 12,000 square-feet of storage, laundry and utility space. There is also ample parking, landscaping and a rare oceanfront pool close to the beach. In addition to a hotel/resort, the potential exists for a conversion to coop units as well as expansion. A truly unique investment opportunity in a stunning setting. Offered exclusively, $25,000,000.

 

Folio# 13100
Sale IN# 54854

All Photos

38 Two Mile Hollow Road, East Hampton           EH South

$24,500,000

House

Traditional
2 Stories
Built 1985
5000 Sq. Ft.
OHW Heat
CAC

Rooms

6 Bedrooms
5.5 Baths
Bsmt Partial
5 Fireplace(s)
Garage: 1 sp

Property

2.80 acres
Pool
Tennis
Taxes: 46719
Oceanfront

Located off East Hampton’s finest address, Further Lane, you will find this extraordinary estate. With almost three acres of oceanfront, this unique property has everything required for a world class retreat. Shingle-style main house, pool house, large party house for entertaining with style, free form pool, Har-tru tennis court and a rarely found beach side cabana. The best Oceanfront package on the market. Exclusive.

 

Folio# 10247
Sale IN# 52862

All Photos

1215 FLYING POINT ROAD, Water Mill           WM South

$23,500,000

House

Traditional
2 Stories
Built 1990
4500 Sq. Ft.
CEDAR Exterior
OHA Heat
CAC/Wall Units

Rooms

6 Bedrooms
5.5 Baths
Extra Rooms
Full Bsmt
2 Fireplace(s)
Garage: 3 sp

Property

2.30 acres
Heated Pool
Oceanfront

CHECK OUT THE VIRTUAL TOUR ABOVE~TO GO ON A PANORAMIC TOUR OF THIS OCEAN AND BAY FRONT ESTATE surrounded by water, beach and lush heavenly expanse. Live on a beautiful stretch of quiet beach front and right across the road you will also own a parcel that opens out to the big open bay with your own private dock for boating. Motor boat and jets skis abound. This grand estate is set on 2.3 acres, 6-bedrooms, 5.5 baths, there is every desired amenity from an elevator and a sauna, to a screened in summer porch. There is a chef’s gourmet kitchen, a formal dining room, living room with enclosed bar, plus a sun filled den. Hedged with gardens, it has a 3-car garage, heated gunite pool with Jacuzzi, a rolling lawn and a private access to the beach. Upper and lower verandas on both sides afford magnificent views of the water and sunrise to sunset in every direction. Plus a tennis club close proximity to property. Available to be shown and purchased for summer season. Call exclusive agent for information.

 

Folio# 11659
Sale IN# 51001

All Photos

322 Meadow Lane, Southampton           SH Village

$23,000,000

House

Dutch Colonial
2 Stories
Built 1974
3500 Sq. Ft.
wood Exterior
Electric Heat
CAC

Rooms

5 Bedrooms
3.5 Baths
Extra Rooms
2 Fireplace(s)
Garage: 1 sp

Property

2.10 acres
Pool
Taxes: 54325.26
Oceanfront

This newly renovated home has a premier location and a rare opportunity to have it all on the ocean. There is a sparkling oceanside pool and lots of privacy and beautiful landscaping on this two plus acre parcel of land. This five bedroom home offers a new state of the art kitchen, dining room with fireplace, spacious living room, sun room and an exercise room and a new cedar roof. If you would like to build a new house on lot there are plans available for a spectacular huge new home.

 

Folio# 12810
Sale IN# 54332
Rental IN# 83008

All Photos

120 BEACH LANE, Wainscott           Wains South

$21,500,000

House

Traditional
2 Stories
Built 1950
4000 Sq. Ft.
Cedar Shingle Exterior
OHW Heat
CAC

Rooms

6 Bedrooms
4.5 Baths
Extra Rooms
1 Fireplace(s)

Property

2.90 acres
Oceanfront

 

Folio# 15048
Sale IN# 22847

All Photos

59 Shore Road, Westhampton           WH South

$20,000,000

House

Nantucket
2 Stories
Built 2008
11500 Sq. Ft.
Cedar Shingle siding and roof Exterior
OHW Heat
CAC

Rooms

8 Bedrooms
10.5 Baths
Extra Rooms
Full Bsmt
4 Fireplace(s)
Garage: 3 sp

Property

2.20 acres
Heated Pool
Bayfront

THE POINT – LIKE NO OTHER SITE IN THE HAMPTONS Situated on more than 2 beautifully groomed acres, The Point¹s spectacular location affords breathtaking unobstructed, 180 degree views of Moriches Bay, the ocean inlet….and beyond. This brand new, 11,500 sq. ft. Nantucket-style home has 8 bedrooms and 10.5 bathrooms. A grand, 2-story foyer leads to an expansive first floor layout with coffered ceilings, wainscoting, crown moldings and more. The kitchen is epicurean in every sense of the word. Luxurious master suite and additional guest suites grace the second floor. There is an elevator with two dedicated openings, 1 to the master suite, 1 to other guest suites. An additional guest suite is located on the first floor. Also included is a separate, 2 bedroom guest house with 2.5 bathrooms, kitchen and laundry. 50′ x 20′ heated pool, plus a cabana with full bath and wet bar. Over 380 feet of bulk-heading with boardwalk and a deep-water dock.

 

Folio# 12511
Sale IN# 40848
Rental IN# 85569

All Photos

122 Crescent Avenue, Water Mill           WM South

$20,000,000

House

Traditional
2 Stories
Built 2008
15500 Sq. Ft.
OHA Heat
CAC

Rooms

7 Bedrooms
8.5 Baths
Extra Rooms
5 Fireplace(s)
Garage: 3 sp

Property

2.30 acres
Heated Pool
Bayfront

Brand new 16,000 square foot construction located in prestigous area of Watermill with breathtaking views of Mecox Bay. This absolute stunner has it all with six legal bedrooms, eight and a half bathrooms, and two master suites one which includes private sitting area. Large gourmet kitchen with two center islands, wine vault room directly off the kitchen, and great room overlooking the bay. Library room on main floor with quarter sawn oak walls, ceilings & floors. Evening/gathering room on second level which serves as great room with fireplace for master suite. Bonus room and gym could be used as extra bedrooms. There is also five custom fireplaces and two laundry rooms. Everything in this home is top of the line and of the finest quality – Marvin impact resistant windows, custom moldings, and custom paneled walls and ceilings throughout. Great for entertaining with a 5,800 sq. ft. blue stone patio, heated pool & spa with colored lights. Private dock. Over two acres of land. Enjoy sunsets and breathtaking views of Mecox Bay! Luxurious living at it’s best!

 

Folio# 12695
Sale IN# 52610

All Photos

172 Cedar Street, East Hampton           Fringe EH

$19,995,000

House

Estate / Mansion
2 Stories
Built 2008
15000 Sq. Ft.
Shingle/Stucco Exterior
OHW Heat
CAC

Rooms

10 Bedrooms
12.5 Baths
Extra Rooms
Finished Bsmt
9+ Fireplace(s)
Garage: 3 sp

Property

8.00 acres
Pool
Tennis
Mainland

Six years in development, “Stone Meadow Farm” is now in the final stages of completion. Sprawling across 8 open acres, this sensational estate, evinces a passion manifested in its meticulous detail and craftsmanship. Generous rooms and a wonderful flow span 18000 sq ft of living space in the 10 bedroom main house including a 3500 sq ft finished lower level with unique spa and media room. Two legal separate cottages will house special weekend guests or staff. Stone courtyards, expansive patios and generous lawn surround the heated Gunite pool and tennis court. Finally, stable up to five horses in an attractive barn framed by ample riding fields. All this in a private setting minutes to village shops and ocean beaches.

 

Folio# 12277
Sale IN# 52579

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30 Wainscott Stone Highway ‘Goose Creek’, Wainscott           Wains South

$19,995,000

House

Traditional
2 Stories
Built 1960
25000 Sq. Ft.
Shingle Exterior
OHA Heat
CAC

Rooms

8 Bedrooms
11.5 Baths
Extra Rooms
Full Bsmt
1 Fireplace(s)
Garage: 3 sp

Property

5.50 acres
Heated Pool
Tennis
Taxes: 17412
Pondfront

This 8 bedroom, 11.5 Wainscott estate has served as a sanctuary for many of the Hollywood and New York elite. Privately situated on a manicured 5.5 acres parce, this property features access to Georgica Pond, indoor pool/spa, outdoor pool and a 110 seat screening room to name just some of the amenities.

 

Folio# 11694
Sale IN# 35069

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141 Highland Terrace, Bridgehampton           BH South

$19,995,000

House

Traditional
2 Stories
Built 2006
18000 Sq. Ft.
cedar shingle Exterior
GHW Heat
CAC

Rooms

8 Bedrooms
9.5 Baths
Extra Rooms
Finished Bsmt
5 Fireplace(s)
Garage: 3 sp

Property

4.00 acres
Heated Pool
Tennis
Oceanview

Beautiful 4+/- acre parcel with deeded Sagg Pond access, ocean views and sweeping vistas over breathtaking agricultural reserves. This extraordinary custom luxury residence reflects the modern Hampton’s lifestyle. Built by Burns Development Corp, builder of the Hampton Designer Showhouse, the estate with every modern amenity, integrates old world influences with elaborate attention to detail. A unique opportunity to acquire this truly magnificent first offering.

 

Folio# 15389
Sale IN# 40781

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455 Ocean Rd., Bridgehampton           BH South

$19,950,000

House

Traditional
2 Stories
Built 2008
13000 Sq. Ft.
OHA Heat
CAC

Rooms

7 Bedrooms
8.5 Baths
Finished Bsmt
3 Fireplace(s)
Garage: 3 sp

Property

2.00 acres
Heated Pool
Tennis
Mainland

Impeccably designed stately custom 13,000 sq. ft.tradional residence brand new to the market with every amenity imaginable,. Totally landscaped 2 are lot abutting ag reserve with large patios, pool, pool house, and tennis . Best the Hamptons has to offer! Construction is just about to begin so can be purchased with building permits in place for $7,995,000 and you can customize your dream estate, or totally turnkey at $19,950,000.

 

Folio# 15246
Sale IN# 36605

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14 and 18 West Drive, Sag Harbor           North Haven

$19,950,000

House

Traditional
2 Stories
Built 1996
6500 Sq. Ft.
Wood Exterior
OHA Heat
CAC

Rooms

7 Bedrooms
6.5 Baths
Extra Rooms
Finished Bsmt
3 Fireplace(s)
Garage: 2 sp

Property

3.40 acres
Heated Pool
Tennis
Taxes: 31648.82
Creek/Inletfront

A true boater’s dream, this property enjoys 400 feet of frontage on Genet Creek marina with 5 feet of water at low tide. Two single and separate lots, each with its own deep water dock that can accomodate up to two large boats. The compound features a 5 bedroom, 3.5 bath main house with gunite pool and whirlpool on one lot and a 2 bedroom, 3 bath guest house with tennis court on the other lot. Stunning landscapes and incredible sunset views from private, terraced gardens fulfill everyones wish for the ideal escape.

 

Folio# 14537
Sale IN# 23886

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232 Parsonage Lane, Sagaponack           Sgpk South

$19,950,000

House

English / Country
2 Stories
Built 2008
11900 Sq. Ft.
OHA Heat
CAC

Rooms

7 Bedrooms
7.5 Baths
Extra Rooms
Finished Bsmt
4 Fireplace(s)

Property

7.50 acres
Heated Pool
Tennis
Mainland

11900 sq. ft. English Country house sits on 7.5 acres. The home offers seven bedrooms, master with two fireplaces and deck, seven bathrooms, custom kitchen, gunite pool with spa, sunken tennis court, 3 car garage, elevator, optional carriage house and finished lower level with gym, sauna, steam shower, recreational room, home theatre and wine room.

 

Folio# 15310
Sale IN# 37917

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275 Ox Pasture Rd, Southampton           SH Village

$19,500,000

House

Traditional
3 Stories
Built 1920
6800 Sq. Ft.
Shingle Exterior
GHW Heat
CAC

Rooms

7 Bedrooms
7.5 Baths
Extra Rooms
Finished Bsmt
5 Fireplace(s)
Garage: 2 sp

Property

3.00 acres
Pool
Mainland

Behind the privets and stately front gates on 3 generous acres is this meticulously restored Cottage style 7 bedrooms, 7.5 bath home with 5 fireplaces throughout. There is a private master bedroom suite with setting room and ample custom closets and two separate baths. The large kitchen divided perfectly for gourmet cooking is elegant yet cozy enough for causal dining. A rare feature of this home is the year round pool tastefully enclosed with solar glass and complete with a sauna room. Also, there is a detached garage.

 

Folio# 12494
Sale IN# 53149

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170 Highland Terrace, Bridgehampton           BH South

$19,500,000

House

Ranch
1 Story
Built 1965
4000 Sq. Ft.
OHW Heat
A/C: Wall Units

Rooms

4 Bedrooms
4 Baths
Extra Rooms
2 Fireplace(s)
Garage: 2 sp

Property

4.76 acres
Heated Pool
Pondfront

Nearly five open acres of property on Sagg Pond has over 350 feet of frontage on the pond and is adjacent to 12 plus acres of agricultural land. There is an existing home with a pool on the water side. The property may be sold as two waterfront lots with the house removed or as one grand estate parcel.

 

Folio# 10706
Sale IN# 46777
Rental IN# 98207

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52 Middle Lane, East Hampton           EH South

$19,500,000

House

Traditional
2 Stories
Built 2001
18000 Sq. Ft.
Cedar Exterior
OHA Heat
CAC

Rooms

12 Bedrooms
12.5 Baths
Extra Rooms
Finished Bsmt
9+ Fireplace(s)
Garage: 2 sp
Pool/Guest House

Property

2.50 acres
Heated Pool
Tennis
Mainland

Elegant East Hampton Village Estate located on 2.5 manicured acres near the Ocean and Maidstone Club with one of the most desirable Hamptons addresses. Offering amenities one would expect from such a home and some most only dream of . This 18,000 sq ft home offers a richly detailed interior including both formal and informal living areas, with 12 bedrooms, 16 baths including a sumptuous master suite with sauna, glorious kitchen with breakfast area, banquet dining room, stunning great room, screening room, elevator, 2 wine cellars, indoor spa area and gym. Outdoor features include an award winning oversized gunite pool with spa, tennis court and garages surrounded by spectacular specimen plantings and meditation garden.

 

Folio# 13376
Sale IN# 38460
Rental IN# 97677

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235 Middle Line Highway, Southampton           SH North

$18,950,000

House

English / Country
3 Stories
Built 2008
9500 Sq. Ft.
OHA Heat
CAC

Rooms

7 Bedrooms
11 Baths
Full Bsmt
Pool/Guest House

Property

5.11 acres
Heated Pool
Tennis
Taxes: 4100.
Bayview

Stunning estate located in Bridgehampton just a short distance from the ocean. Impeccable very privatley situated home is set on over five acres and is surrounded by a two hundred acre reserve. This one-of-a-kind home was built by the very well known Kole Builders who payed much attention to every detail. 9,500 square foot, three level main house includes six spacious bedrooms, nine and a half bathrooms, gourmet kitchen with Calcutta Marble countertops, great room, formal dining room, custom fireplaces, gym, home theater, and so much more! The amenities are endless. The lavish interior is complimented by the perfectly manicured landscaping, 20X45 heated gunite pool and spa, and pool house. There is also a secluded 1800 sq. ft. guest house with living room, kitchen, fireplace, game room, and finished lower level! A must see!

 

Folio# 12397
Sale IN# 47839

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6 Sarah’s Way, East Hampton           EH South

$18,950,000

House

Traditional
2 Stories
Built 1998
10000 Sq. Ft.
shingle Exterior
OHA Heat
CAC

Rooms

6 Bedrooms
8 Baths
Extra Rooms
Full Bsmt
3 Fireplace(s)
Garage: 3 sp

Property

2.70 acres
Heated Pool
Tennis
Taxes: 82,743
Mainland

A privileged setting off Egypt Lane is home to builder’s own manse designed in 1998 by John Laffey. Sprawling across nearly 3 acres of manicured privacy, a 10,000 sq. ft. 6-edroom Traditional awaits with views to the historic Maidstone beyond. The journey begins with a paneled double-height entry that leads under thickened, curved archways to coffered ceiling living room, formal dining room, cozy den, expansive kitchen with adjacent family room and staff quarters leading to the 3-car garage. Upstairs the master wing with his/her baths and gym shares the second floor with 4 additional bedroom suites, media room and an expansive billiard room over the garage perfect for additional bedrooms if needed. Outside the resort-like property hosts heated gunite pool, poolhouse, tennis and a newly finished carriage house with finished space above. All this just a short distance to village shopping and ocean beaches.

 

Folio# 15069
Sale IN# 33660

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24 Ocean Avenue, East Hampton           EH South

$18,500,000

House

Traditional
2 Stories
Built 1888
4000 Sq. Ft.
GHW Heat
CAC

Rooms

6 Bedrooms
5.5 Baths
Bsmt Partial
4 Fireplace(s)
Garage: 2 sp

Property

2.60 acres
Heated Pool
Tennis
Taxes: 41,456
Mainland

Circa 1888 restored charming village 1880’s published Dutch Colonial house with 6 bedrooms and 5.5 baths set on multi-acre site steps from the village and ocean beach.. Gorgeous Gunite pool and spa, all weather tennis court and separate cottages with gym, 2 car garage and guest house. One of a kind compound.

 

Folio# 14557
Sale IN# 48388

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8 Aqua Dr, Southampton           SH South

$18,000,000

House

Estate / Mansion
3 Stories
Built 1993
12360 Sq. Ft.
OHA Heat
CAC

Rooms

8 Bedrooms
10.5 Baths
Extra Rooms
Finished Bsmt
3 Fireplace(s)
Garage: 2 sp

Property

1.20 acres
Heated Pool
Taxes: 34,688
Bayfront

Just listed Southampton South! This Classic Villa has it all. 300 of rare waterfront privacy with panoramic views overlooking bay and ocean, soaring great room, media/game room, spacious gourmet kitchen with breakfast room, formal dining for 20 plus with fireplace, three master suites with private decks overlooking bay and ocean, 4 additional bedrooms with baths, all ensuite,indoor 14′ x 50′ lap pool overlooking bay with jacuzzi, 2 saunas, elevator, 2 steam showers, gymnasium, wine cellar, full custom C/D surround sound inside and out, heated outdoor infinity pool, multi-level stone terraces, meditation gardens, steps down to private beach. Separate guest cottage with kitchen and bath. No amenity has been overlooked. Co-Exclusive…………

 

Folio# 14479
Sale IN# 20831

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64& 66 Wainscott Stone Hwy, Wainscott           Wains South

$18,000,000

House

Beach Cottage
1 Story
Built 1965
1000 Sq. Ft.
OHA Heat

Rooms

2 Bedrooms
1 Baths

Property

7.30 acres
Taxes: 7651
Pondfront

Spectacular 7+ acres on Georgica Pond has over 570 feet of water frontage. There is a small, servicable cottage and room for a grand estate with guest house, pool and tennis court. The property, which has enviable elevation and views, may be sold as two separate lots or as one grand estate parcel. Rare opportunity to build your dream compound in this coveted, private locale.

 

Folio# 13887
Sale IN# 15160

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8 Aqua Drive, Shinnecock Hills           Shinnecock Hill

$18,000,000

House

Villa
2 Stories
Built 1995
12000 Sq. Ft.
OHA Heat
CAC

Rooms

8 Bedrooms
9.5 Baths
Extra Rooms
Finished Bsmt
3 Fireplace(s)
Garage: 2 sp
Pool/Guest House

Property

1.20 acres
Heated Pool
Taxes: 43423
Bayfront

On the edge of beautiful Shinnecock Bay, this magnificent villa with 300′ of frontage offers unparalleled waterfront living. The gracefully elegant manor was designed to allow the breathtaking vistas and tranquil beauty of its surroundings to permeate every room. A dramatic foyer provides views over the grand living room to the bay and the ocean beyond. Ideal for entertaining on any scale, the living room boasts high ceilings, a fireplace and doors to the enormous poolside terrace. The formal dining room with fireplace, gourmet kitchen and breakfast room all overlook the water. There are eight bedrooms and 9.5 baths, including an impressive master suite. There is also a rare indoor pool complex, with a 50 heated swimming pool, spa, saunas and ample room for relaxation. The recreation areas extend outside to the multi-level terraces, outdoor infinity-edge pool, and private steps to the beach. Other notable features include an elevator, wine cellar, custom indoor/outdoor sound system, automated lighting and window coverings, state-of-the-art security system, and a separate 400 sq.-ft. guest cottage with full bath and kitchen. The property, which includes a separate, adjoining waterfront parcel, is gated and landscaped for privacy. Offered co-exclusively, $18,000,000.

 

Folio# 12463
Sale IN# 52872

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73 Briar Patch Road, East Hampton           EH South

$18,000,000

House

Other
2 Stories
Built 2008
7206 Sq. Ft.
GHA Heat
CAC

Rooms

6 Bedrooms
7.5 Baths
Extra Rooms
Finished Bsmt
6 Fireplace(s)
Garage: 2 sp

Property

1.43 acres
Heated Pool
Mainland

The ultimate collaboration between Peter Cook AIA, Lettieri Construction & By Design Properties. Currently being constructed, this cutting edge residence exudes luxury and comfort with the finest of finishes and appointments. Expansive breathtaking views overlooking a 17 acre nature conservancy. Features include 5 bedrooms, 7.5 baths, glamorous living spaces including a double height great room, family room, den, eat in kitchen, circular screened porch with indoor/outdoor fireplaces, a master suite that is unparalleled, second floor terraces and elegant outdoor patios. Lower level includes an additional bedroom, media room, and gym with a separate sauna and steam room. Gorgeous infinity edge pool with hot tub and pool house. A true masterpiece in the making.

 

Folio# 13110
Sale IN# 44046

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71 Shipwreck Drive, Amagansett           Amag South

$17,995,000

House

Traditional
2 Stories
Built 2002
7000 Sq. Ft.
stone,wood Exterior
Other Heat
CAC

Rooms

6 Bedrooms
6.5 Baths
Extra Rooms
7 Fireplace(s)
Garage: 2 sp

Property

1.50 acres
Heated Pool
Oceanfront

Most incredible house and unique Oceanfront with forever views over 500 acre reserve for as far as the eye can see! Built like no other with wood and stone, all reclaimed hand hewned beams, radiant floors throughout and stone covered porches on 1.5 acres of total privacy. All custom woodworking and railing with amazing attention to detail and design by internationally-acclaimed designer, Anthony Ingrao. .House includes 6 bedrooms, 6 baths, 7 fireplaces, 2-car garage, pool house, large screened in porch over looking the ocean and heated Gunite pool.

 

Folio# 14454
Sale IN# 31540
Rental IN# 91992

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95 Surfside Drive, Bridgehampton           BH South

$17,700,000

House

Beach Cottage
1 Story
Built 1987
2500 Sq. Ft.
OHA Heat
CAC

Rooms

4 Bedrooms
3 Baths
Extra Rooms
Crawl Bsmt
1 Fireplace(s)

Property

1.46 acres
Heated Pool
Room For Tennis
Oceanfront

This secluded oceanfront retreat on 1.46 acres has140′ of ocean frontage, sweeping panoramic ocean views, expansive waterside decking & private boardwalk to take you to your own private sandy beach with gazebo. The open interior offers 4 bedrooms. 3 baths, gourmet kitchen & glass doors for maximum light & continuous ocean views throughout with spectacular evening sunsets. To complete this perfect oceanfront lifestyle is a seperate tranquil heated pool surrounded by a rolling green lawn landscaped for ultimate privacy. Located in the heart of Bridgehampton just minutes from Village shops & restaurants.

 

Folio# 12696
Sale IN# 34350

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308 Cobb Road, Water Mill           WM South

$17,500,000

House

Traditional
2 Stories
Built 2005
8500 Sq. Ft.
Wood Exterior
OHA Heat
CAC

Rooms

7 Bedrooms
10.5 Baths
Extra Rooms
Finished Bsmt
4 Fireplace(s)
Garage: 3 sp

Property

2.00 acres
Heated Pool
Tennis
Taxes: 28,427.36
Mainland

The curtain rises on another superb Simon and Simon production as masterful construction, generous room sizes and consummate finishes combine within this new 8,500 sq. ft. 7 bedroom, 10 bath residence that anchors a gated 2 acre compound behind stone walls deep within Water Mill Souths estate section. Grand spaces warmed by 4 fireplaces and radiant heat throughout include impressive great room, formal dining room with wet bar, chefs kitchen professionally equipped, adjoining den with fireplace, first floor master with fireplace, sitting room and study plus 4 private guest suites all with built in closets and individual climate controls. A fully finished 4,500 sq. ft. lower level adds recreational areas and staff quarters while a heated and tiled 4 car garage holds all the toys. An elevator accesses all levels and a Crestron system controls major systems. Stone patios fan out to join the 50 ft. Gunite pool, spa, pool house, sunken court with fountain and basketball court and tiki wet bar. A 2 bedroom, 3 bath guest house offers its own Jacuzzi with nearby putting green. Security cameras, generator, 800 amp service and spectacular landscaping ensures the ultimate privacy and piece of mind.

 

Folio# 13641
Sale IN# 53930
Rental IN# 85312

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101 PHEASANT LANE, Southampton           SH Village

$16,995,000

House

Traditional
2 Stories
Built 1994
6100 Sq. Ft.
GHA Heat
CAC

Rooms

5 Bedrooms
6.5 Baths
Extra Rooms
Finished Bsmt
3 Fireplace(s)
Garage: 2 sp

Property

1.90 acres
Heated Pool
Tennis
Taxes: $27,500
Mainland

 

Folio# 13148
Sale IN# 46307

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104 Foster Crossing, Southampton           SH Village

$16,000,000

House

Traditional
2 Stories
Built 1930
7000 Sq. Ft.
Cedar Shingles Exterior
GHA Heat
CAC

Rooms

8 Bedrooms
6.5 Baths
Bsmt Partial
4 Fireplace(s)
Garage: 3 sp

Property

2.25 acres
Pool
Tennis
Taxes: 18000
Mainland

Enjoy this charming and gracious 1930’s “Grand Cottage” located on one of the most desirable streets in Southampton, one block away from Gin Lane beaches. The renovated house offers 8 bedrooms, 6.5. baths, Bulthaup kitchen, several fireplaces, air conditioning and plenty of gathering spaces. The beautifully landscaped 2.2 acre property with spectacular trees, pool and tennis invites you to entertain in “old world style”. Exlusive.

 

Folio# 12490
Sale IN# 49632

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258 Georgica Road, East Hampton           EH South

$16,000,000

House

Farm / Farmhouse
3 Stories
Built 1707
5000 Sq. Ft.
GHA Heat
CAC/Wall Units

Rooms

7 Bedrooms
6.5 Baths
5 Fireplace(s)

Property

5.20 acres
Pool
Tennis
Mainland

Enter the land of Gentry and live on a pastural 5.1 acre property overlooking 17 acres of protected meadow. This 5.1 acre property consists of 2 individual parcels. The original farmhouse dates back to 1800 and has centuries of history and character. It has hand hewn beams, wide planked floors, and architectural details from the 18th century. There are 7 bedrooms and 6.5 baths in this 3 story farmhouse. A more recent addition built by John Hummel added a large living room with a massive stone fireplace, one of 5 fireplaces in the house, along with a spacious light filled master suite. Kitchen with dining area and fireplace, separate dining area and parlor, and rambling spaces to surprise and delight. There is a guest house with large living area, kitchenette, 2 bedrooms and 1 bath. This opens up to a bluestone patio and an over-sized gunite pool and hot tub. There is the original barn just right for your horses, cows or perhaps storing that car collection. This entire property overlooks over 17 acres of rolling meadow that is forever protected by the Nature Conservancy. This is an exceptional opportunity with tremendous potential. You can also purchase the adjacent 2.3 acre lot for $8 mil making this a 7.5 acre compound.

 

Folio# 11388
Sale IN# 54557

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619 Lazy Point Road, Amagansett           Amag North

$16,000,000

House

Beach Cottage
1 Story
Built 2006
4700 Sq. Ft.
OHA Heat
CAC

Rooms

4 Bedrooms
4.5 Baths
Full Bsmt
4 Fireplace(s)
Garage: 3 sp

Property

20.10 acres
Heated Pool
Room For Tennis
Taxes: 1466.52
Bayfront

Lot 2- Newly constructed Bay front in Lazy Point, Amagansett .Watch the Sun rise and set from this property offering 5.7 acres, 200 ft. of private beach on Napeague Bay, and a 4,700 square foot “cottage” with a 16 x 50 heated pool and pool house. The home boasts 4 large En suite bedrooms with views, all with deck access; gourmet kitchen, formal dinning room and spacious living space, four fireplaces, and screened in porch overlooking the bay. Post and beam construction, radiant heated floors, Smart Wired, and extensive mahogany decking. Permits in place for tennis and 600 sqft tennis pavilion. Lot 1 – 8.8 acres with permits in place for a large luxury home with pool/ pool house, and Tennis with 600sqft Pavilion, room for up to 8 horses and barn. Build to suit! Lot 4- 5.6 acres fronting 200 feet of Private beach on Napeague Bay, also with permits in place for 5000 sqft home pool/pool house, tennis and Pavilion. Foundation already constructed Exclusive Package $16,000,000,- Folio# 63059

 

Folio# 15164
Sale IN# 34453

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4 Winnebogue Lane, Quogue           Q South

$15,500,000

House

Traditional
1.5 Story
Built 2008
9600 Sq. Ft.
OHW Heat
CAC

Rooms

8 Bedrooms
8.5 Baths
Extra Rooms
5 Fireplace(s)
Garage: 3 sp

Property

4.10 acres
Heated Pool
Tennis
Bayfront

No detail will be neglected, no amenity forgotten, in the building of this 9,600 square foot estate home. Sitting on over four acres of idyllic waterfront, surrounded by mega million dollar properties, this home offers wonderful living spaces, eight bedrooms, eight bathrooms plus two powder rooms. Three fireplaces enhance the living, family, and media rooms. Two more can be found in the library and large screened porch. There is also a gym, wine cellar and optional elevator. Stuart Disston of Austin Patterson, Disston designed this home to enable the entire structure to enjoy panoramic views of Quantuck Bay. Facing south west affords incredible sunset views while bathing the home in natural light during the day. The exterior of the home is improved by 1,200 feet of decking, a gunite pool, spa, pool house, north-south tennis court and a three car garage. The large grounds offer privacy and 600 feet of waterfront including a sandy beach. This will be by far the most magnificent country estate that Quogue has to offer. Along with the preconstruction price the new owners can also benefit by adding their own personal touch. Floor plans are available.

 

Folio# 15417
Sale IN# 43485

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52 MEADOW COURT, Bridgehampton           BH North

$15,000,000

House

Traditional
2 Stories
Built 1993
4000 Sq. Ft.
OHA Heat
CAC

Rooms

5 Bedrooms
3.5 Baths
Finished Bsmt
2 Fireplace(s)
Garage: 2 sp

Property

15.00 acres
Heated Pool
Room For Tennis
Taxes: 10234
Mainland

Premiere commercial horse facility with full permits on 15+/- acres in prime Bridgehampton horse country. 15 stall barn, heated tack room and bath, wash stall, 70 x 150 indoor riding arena, 90 x 200 outdoor ring, large grass jump/flat field, 5 large PVC fenced paddocks, 2 sand turnout paddocks. Also includes newly renovated traditional farmhouse with large gourmet kitchen with center island, dining area and family room with fireplace, den/office with fireplace, 2 half baths, lovely sunroom with French doors to wraparound porch, master suite, three additional bedrooms and bath, large guest suite, laundry room, finished basement with studio and gym, and central air. Landscaped grounds, heated oversized gunite pool, spa, and pool house with half bath with outdoor shower. EXCLUSIVE. $15,000,000.

 

Folio# 13928
Sale IN# 12251

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354 South Main Street, Southampton           SH Village

$15,000,000

House

Shingle Style
3 Stories
Built 1886
6500 Sq. Ft.
shingle Exterior
OHW Heat
CAC

Rooms

12 Bedrooms
6.5 Baths
Extra Rooms
Crawl Bsmt
7 Fireplace(s)

Property

1.49 acres
Pool
Tennis
Taxes: 26461.74
Mainland

“Wyndecote” is a truly unique Southampton Shingle Style Cottage that was built in 1886 as the personal residence of it’s architect, R.H.Robertson. When one enters the gates to view the port cochere, the very broad veranda and the triple arch balcony one knows that this is a very special home. The current owners have maintained the original details in the 12 bedroom home and discreetly brought the structure up to date with central air conditioning and modern appliances. The entrance foyer opens onto the “telephone” room, parlor and living room, each with fireplaces and then flows to the dining room with fireplace, study and kitchen with breakfast area. The second floor has the master suite with 2 baths and 2 fireplaces, 3 guest bedrooms and a children’s wing with 4 bedrooms. There are 3 more bedrooms on the third floor plus a small playroom. Outside on the broad lawn of 1.5 acres is a Gunite pool and a tennis court. This piece of history is only steps to the Atlantic ocean and its beautiful sandy beach.

 

Folio# 13404
Sale IN# 12227

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MECOX ROAD, Water Mill           WM South

$15,000,000

House

Farm / Farmhouse
2 Stories
Built 2007
9000 Sq. Ft.
SHINGLED Exterior
OHA Heat
CAC

Rooms

7 Bedrooms
7 Baths
Extra Rooms
Full Bsmt
4 Fireplace(s)
Garage: 2.5 sp

Property

16.10 acres
Pool
Tennis
Mainland

Last of its kind, this 16.1 acres on one of Water Mill’s oldest farms, with 600 feet of frontage on Mecox Road, will include a 9,000 sq. ft. grand farm-style house, with 7 en suite bedrooms, professional kitchen, panelled library, 4 fireplaces and 10-ft. ceilings. Pool, tennis, and chipping & putting greens. Separate staff quarters, wine and media rooms. Suitable for stable/paddocks or farming. Ours Exclusively.

 

Folio# 13086
Sale IN# 54681

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113 Lockwood, Bridgehampton           BH South

$15,000,000

House

Traditional
2 Stories
Built 2006
7500 Sq. Ft.
GHA Heat
CAC

Rooms

8 Bedrooms
8.5 Baths
Extra Rooms
Finished Bsmt
3 Fireplace(s)
Garage: 2 sp

Property

3.79 acres
Heated Pool
Room For Tennis
Mainland

This sprawling 2-story 7500 square foot traditiional residence has been designed and built to the highest standards. It enjoys a pastoral setting on nearly 4 acres that are close to the ocean and Bridgehampton Village. The double height living room, formal dining, vast kitchen complex, 8 guest suites, including master bedroom with sitting room and dressing room, and the beautiful outdoor spaces including a 40 by 40 foot pool, terraces and gardens add a richness of style and comfort that is unsurpassed.

 

Folio# 11749
Sale IN# 53125

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17 Sarah’s Way, East Hampton           EH South

$15,000,000

House

Traditional
2 Stories
Built 1999
7000 Sq. Ft.
OHA Heat
CAC

Rooms

6 Bedrooms
7.5 Baths
Full Bsmt
3 Fireplace(s)

Property

2.00 acres
Heated Pool
Tennis
Mainland

This spectacular custom estate offers architectural elegance and dramatic style with exceptional open floor plan of approximately 7,000 sq ft. Fine woods, stone, marble, and slate combine flawlessly in this shingled traditional home. Six bedrooms, seven baths includes a spacious master suite with a comfortable walk-in closet. A beautifully appointed gourmet kitchen, dining room, and great room with fireplace opening to a trellised patio. Excellent for entertaining, this home features a heated gunite pool with pool house, jacuzzi, and a state of the art tennis court.

 

Folio# 13608
Sale IN# 55508

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58 Halsey Neck Lane, Southampton           SH Village

$14,995,000

House

Traditional
2 Stories
Built 1999
7000 Sq. Ft.
Shingle Exterior
OHW Heat
CAC

Rooms

6 Bedrooms
7.5 Baths
Extra Rooms
Full Bsmt
5 Fireplace(s)
Garage: 3 sp

Property

1.84 acres
Heated Pool
Tennis
Mainland

Majestic traditional with classic lines and grand proportions, is beautifully situated on approximately 2 acres in Southampton Village’s estate section. This 7,000 square foot home boasts 10 ft.+ ceilings on first and second floor, large living room with fireplace and adjoining sunroom with fireplace, formal dining room, large gourmet eat in kitchen, den with fireplace, study, 6 ensuite bedrooms, including master with sitting area and sunroom, 5 fireplaces, heated Gunite pool/spa, pool/guest house, tennis court, wine cellar, and 3-car garage. Located close to the ocean and village shops. Don’t miss this one of a kind stately property with meticulous landscaping.

 

Folio# 12672
Sale IN# 13436

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50 Middle Lane, East Hampton           EH South

$14,995,000

House

English / Country
2 Stories
Built 2007
10500 Sq. Ft.
GHA Heat
CAC

Rooms

7 Bedrooms
10.5 Baths
Extra Rooms
Finished Bsmt
7 Fireplace(s)
Garage: 3 sp

Property

1.90 acres
Heated Pool
Room For Tennis
Mainland

Informed by an aesthetic that reaches across centuries while embracing the best of what’s new, Linden Cottage, built in 2007, commands 2 manicured acres of English gardens and specimen trees in a coveted Maidstone area location. Timeless splendor and gracious elegance combine within this 8,500 sq. ft. stucco residence that ushers you into a gracious entry foyer that leads to living room with coffered ceiling, library, paneled formal dining room, professionally equipped kitchen bolstered by butler’s pantry and adjacent wood beamed family room and conservatory. The second floor features a master wing with his and her baths which reigns over 5 additional guest suites, including a private 2-bedroom guest area. The lower level adds an additional 2,000 sq. ft. including gym with sauna, a 10- seat screening room with wet bar, wine cellar and staff suite. Seven fireplaces bring warmth while 46 speakers offer sound both inside and out. Lush landscaping, spectacular boxwood gardens and century old trees frame the handsome pool area which includes unique gazebo. Room for tennis, a heated tiled 3-car garage and a double-gated entry with security cameras complete this extraordinary offering that is less then a mile from the ocean.

 

Folio# 15469
Sale IN# 43973

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228 Surfside Drive, Bridgehampton           BH South

$14,950,000

House

Estate / Mansion
3 Stories
Built 2008
12000 Sq. Ft.
OHA Heat
CAC

Rooms

7 Bedrooms
7.5 Baths
Extra Rooms
Finished Bsmt
2 Fireplace(s)
Garage: 3 sp

Property

1.20 acres
Heated Pool
Oceanview

Oceanviews, deeded beach access plus vistas across Sagg Pond. New luxury green construction with plans and renderings in place for an extraordinary traditional country mansion comprising more than 12,000 sq.ft. of living space set on 1.2 acres of Bridgehampton’s famous Surfside Drive at Meadowlark Lane. No detail or finish will be spared from the lush landscaped grounds to the gracious entry foyers, vestibules and galleries, professional kitchen with breakfast area, formal dining and living rooms, library,family room, ground floor master suite, staff quarters and laundrey facilities. Upstairs, 5 en-suite bedrooms, additional laundry facilities, playroom and an enormous master suite apartment. Lower level will include media room, wine cellar and tasting room, exercise room, entertaining space with wet bar and additional 2 bedroom suite. Full, top of the line, energy efficient, eco-friendly, green mechanicals run this 3 level home. Outside, patios and walkways to the heated gunite pool and poolhouse. Remote security system and 3 car garage. Have it all in the best of the Hamptons.

 

Folio# 14144
Sale IN# 26317

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145 Olivers Cove Lane, Water Mill           WM South

$14,950,000

House

Traditional
2 Stories
Built 1988
8000 Sq. Ft.
Wood Exterior
OHA Heat
CAC

Rooms

8 Bedrooms
8.5 Baths
Finished Bsmt
3 Fireplace(s)
Garage: 3 sp

Property

1.12 acres
Heated Pool
Taxes: 21463
Mainland

Indulge yourself in this state-of-the-art home. Light-filled two-story living room. Indoor spa that rivals any local facility with hot tub, gym, steam room and massage area. Finished basement with media room, game room, and staff quarters. Heated gunite pool, hot tub, basketball court and 2 boat slips on Hayground Cove offering access to Mecox Bay. Exclusive.

 

Folio# 13207
Sale IN# 55032

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28 Halsey Lane, Westhampton Beach           WHB South

$14,750,000

House

Post Modern
2 Stories
Built 2003
10500 Sq. Ft.
OHA Heat
CAC

Rooms

7 Bedrooms
9.5 Baths
Extra Rooms
Full Bsmt
3 Fireplace(s)
Garage: 3 sp

Property

2.00 acres
Heated Pool
Tennis
Taxes: 48561.14
Canalfront

A spectacular 2 acre waterfront setting is the backdrop for this magnificent 10,500 square foot home. This exquisitely detailed showcase offers 7 bedrooms, 9 baths. Spacious entertaining rooms include breathtaking entrance foyer, formal dining room, sunfilled living room with fireplace, handsome library, professional kitchen, family room with fireplace, media room with bar, and screened porch overlooking the bay for evening sunsets. Exterior features of this family compound include a waterside heated gunite pool with an extended lap lane, sunken tennis court, impressively landscaped gardens, 330 ft. of bulkheading and a boat slip. No detail has been missed on this fine home which is the ultimate in luxury, yet has a casual and comfortable style for classic hampton living .

 

Folio# 15141
Sale IN# 32990

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500 Old Towne Road, Southampton           SH Village

$14,500,000

House

Contemporary
2 Stories
Built 1982
6500 Sq. Ft.
GHA Heat
CAC

Rooms

6 Bedrooms
6.5 Baths
Extra Rooms
Finished Bsmt
1 Fireplace(s)
Garage: 2 sp

Property

2.00 acres
Heated Pool
Tennis
Oceanview

Just off Gin Lane, elegant 19th century English gates invite you to enter another era. Set on 2 exquisitely landscaped acres, this gracious waterview residence features a light-filled living room with stone fireplace, 6 bedroom suites, 6.5 baths, a den, a large eat-in-kitchen, and a billiards/entertainment/wine cellar room. A stone walkway encircles the all-weather north/south tennis court and over-sized pool and jacuzzi, which are set among pergolas, terraces and specimen plantings by world renowned landscape architect Bruce Kelley. This magnificent property is only 300 feet from the ocean.

 

Folio# 11332
Sale IN# 52331

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125 Further Lane, East Hampton           EH South

$14,500,000

House

Traditional
2 Stories
Built 1998
5800 Sq. Ft.
OHA Heat
CAC

Rooms

4 Bedrooms
4.5 Baths
Bsmt Yes
3 Fireplace(s)
Garage: 2 sp

Property

1.20 acres
Heated Pool
Taxes: $51,215.53
Mainland

Custom designed and built to merge wit and style with traditional Hamptons architecture. On 1.2 glorious acres close to the Ocean and surrounded by historic estates. Four bedrooms, four and a half baths, plus maid’s quarters. Large living room with fireplace, country eat-in kitchen with attached family area and fireplace, large playroom, and master bedroom with fireplace. Grounds feature sunny, open lawn area and heated gunite pool. There is also a two-car garage, and a full basement. This outstanding property represents the qualities that have always defined the East Hampton resort colony: a beautiful natural setting, proximity to the best Ocean beaches in the world, and architectural and design integrity. Listed Exclusively.

 

Folio# 14860
Sale IN# 47624

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16 Foster Crossing, Southampton           SH Village

$14,250,000

House

Traditional
3 Stories
Built 1883
7500 Sq. Ft.
shingle Exterior
OHW Heat
CAC

Rooms

10 Bedrooms
8.5 Baths
Extra Rooms
Bsmt Partial
7 Fireplace(s)
Garage: 3 sp

Property

1.00 acres
Heated Pool
Taxes: $21,256
Mainland

How rare to find a true Southampton Cottage that is faithful to its past! Designed in 1883 by famed Long Island architect James L’hommiedieu, the present owners spent two years in the research and restoration to bring it to its present perfection. Three stories of beautifully proportioned rooms make it a memorable home… Thanksgiving dinner by the fireplace in the dining room… a shining Christmas tree in the expansive foyer… warm summer evenings on the 72′ porch… weekend guests in the separate apartment… a leisurely stroll to the beach or to town to get the Sunday paper. In total there are 10 bedrooms, 8 baths and 2 half baths, 2 kitchens, 7 fireplaces, an exercise room, a 3-car garage, all in perfect condition. Though it brings back the nostalgia of the past it has all the modern amenities.

 

Folio# 13890
Sale IN# 15557

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290 Ocean Road, Bridgehampton           BH South

$13,995,000

House

Traditional
2 Stories
Built 1995
6862 Sq. Ft.
shingle Exterior
GHA Heat
CAC

Rooms

6 Bedrooms
7.5 Baths
Extra Rooms
Finished Bsmt
1 Fireplace(s)
Garage: 2 sp

Property

6.00 acres
Pool
Tennis
Mainland

Ride down your quarter-mile hedge-lined driveway to your country homestead and enjoy total privacy with sweeping farmland vistas as far as the eye can see. Just listed, this light and bright traditional style home with well over 6,000 sq. ft. of living space is a one of a kind property with 6 acres of rolling lawns, tucked away tennis court,and totally separate heated gunite pool. Architect Greifenstein, Boyce and landscape architect Edmund Hollander. A great find that won’t last!

 

Folio# 11679
Sale IN# 38207
Rental IN# 72701

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770 Ocean Road, Bridgehampton           BH South

$13,995,000

House

Traditional
2 Stories
Built 1995
5500 Sq. Ft.
Shingled Exterior
OHW Heat
CAC

Rooms

4 Bedrooms
4.5 Baths
Extra Rooms
Full Bsmt
2 Fireplace(s)
Garage: 2 sp

Property

3.20 acres
Heated Pool
Room For Tennis
Taxes: 19,641
Mainland

Classic shingled 5,500 sq ft Farmhouse, easily expandable. The finest location in Bridgehampton South, situated on 3.2 acres at the end of a long private drive off Ocean Road. The house faces west for pristine sunsets and adjoins a massive 50 acre reserve. The pool and cabana are surrounded by formal gardens and there is ample room for a tennis court, guest house and gazebo. Experience the rare majestic views throughout the home. Relax and enjoy the wonderful southwest breezes across countless acres of wide open farmland. A unique opportunity not to be missed.

 

Folio# 11467
Sale IN# 53314

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7 CROSS ROAD, Remsenburg           Remsenburg

$13,500,000

House

Tuscan
2 Stories
Built 2003
8500 Sq. Ft.
OHA Heat
CAC

Rooms

5 Bedrooms
7.5 Baths
Extra Rooms
Crawl Bsmt
2 Fireplace(s)
Garage: 3 sp

Property

2.70 acres
Heated Pool
Taxes: 40213.32
Bayfront

A long drive leads to this custom designed villa Located on just under three private acres, with rolling lawns, a sunken garden, two gazebos, 25×46 heated gunite pool with pool house, 175 ft of bulk heading, dock and floating dock. The entrance foyer with its grand staircase opens to the magnificent living areas with fireplace, tumbled granite floors, and 12 ft ceilings Four bedroom suites on the first floor, and a library, master suite with fireplace and waterfront pavilion on the second floor. A three car garage plus a gate house with a four car garage with living quarters located in the quiet hamlet of Remsenburg, close to ocean beaches, golf courses and only 90 minutes to Manhattan… Shown only by appointment with Norma Reynolds Folio #15983

 

Folio# 11690

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352 Ocean Road, Bridgehampton           BH South

$13,250,000

House

Traditional
3 Stories
Built 206
7900 Sq. Ft.
Cedar shingle Exterior
Other Heat
CAC

Rooms

5 Bedrooms
4.5 Baths
Extra Rooms
Finished Bsmt
3 Fireplace(s)
Garage: 2 sp

Property

1.51 acres
Heated Pool
Room For Tennis
Taxes: 12393
Mainland

Exceptional design and detail is found in this wonderful country home south of the highway. Noted Architect Lacina Heitler has created the perfect year round retreat for the discriminating buyer. Nearly 9000 sq. ft. of living space includes beautiful public rooms all with fireplaces. An open plan kitchen offers easy access to the al fresco out door dining areas with fireplace. The sumptuous master suite with fireplace, balconies, lavish bath and enormous closet/dressing room, are a couples delight. Outdoors the gunite pool, pool house, and lounge pavilion create an Amman Resort like feeling. Beautiful old trees, perennial gardens and big sky views complete this special offering.

 

Folio# 10756
Sale IN# 32561

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257 South Main Street, Southampton           SH Village

$13,000,000

House

Traditional
3 Stories
Built 1830
6600 Sq. Ft.
Cedar Exterior
GHW Heat
CAC

Rooms

11 Bedrooms
8 Baths
Extra Rooms
Finished Bsmt
2 Fireplace(s)

Property

1.00 acres
Heated Pool
Survey
Taxes: 17778
Lakefront

Charming Southampton Village three story traditional on Lake Agawam. Enjoy sunsets and waterviews from the many balconies this home offers. This unique structure sits on an acre and has a gorgeous wrap around porch, eleven bedrooms, eight bathrooms, master suite on first floor, beautiful great room, formal dining room, living room, gourmet kitchen with breakfast area, game room, great library, and much more! The exterior has finely manicured landscaping and a heated guinte pool. There is also an additional guest carriage house with four bedrooms and two bathrooms included!! This is a must see.

 

Folio# 12325
Sale IN# 50210

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820 Lumber Lane, Bridgehampton           BH North

$12,995,000

House

Farm / Farmhouse
2 Stories
Built 1996
4180 Sq. Ft.
OHA Heat
CAC

Rooms

3 Bedrooms
3.5 Baths
Full Bsmt
3 Fireplace(s)
Garage: 2 sp

Property

14.89 acres
Mainland

This Bridgehampton Farm is located in the heart of the Hampton’s Distinctive Equestrian Center. Fifteen acres of rolling pasture with all of its development rights intact – 7 lot subdivision possible. Protected by a reserve to the rear and also in front with panoramic farm and vineyard views this property is truly special. The main residence has been meticulously maintained offering 3 large bedroom suites, two with fireplaces. Possible fourth bedroom suite on first floor, dining room with fireplace, library, large eat-in country kitchen, oversized wraparound porch and 2-car garage. Offered Exclusively, By Appointment Only $12,995,000

 

Folio# 12670
Sale IN# 53768

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615 Flying Pt Rd, Water Mill           WM South

$12,950,000

House

Farm / Farmhouse
3 Stories
Built 1850
5200 Sq. Ft.
OHW Heat
CAC

Rooms

7 Bedrooms
5.5 Baths
Extra Rooms
Bsmt Partial
3 Fireplace(s)
Garage: 3 sp
Pool/Guest House

Property

1.90 acres
Heated Pool
Tennis
Taxes: 14,000
Mainland

A very rare offering, this Elegant and restored 1850s Farmhouse, of approximately 5200 sq ft, is in very close proximity to the beach and Mecox Bay. It is prominently sited, behind a gated entry, on 1.9 acres of spectacular gardens and mature trees The main house includes a lovely entrance foyer, a formal living room with a fireplace that accesses the awning covered terrace, a formal dining room with a fireplace which opens to the covered porches, a large eat in kitchen, with exposed beams, accesses the dining solarium, a den and six bedrooms including a large master suite with an oversized dressing room and bath. There is a 3 car carriage house with a heated and air conditioned guest apartment above, a heated gunite pool and spa and a har-tru tennis court. Mechanicals include 7 zone oil hot water heat and A/C, a multi zone sprinkler system, an 18 KW automatic gas generator and an alarm system.

 

Folio# 15381
Sale IN# 39243

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34 Bay Lane, Water Mill           WM South

$12,900,000

House

Traditional
2 Stories
Built 2008
8000 Sq. Ft.
OHW Heat
CAC

Rooms

7 Bedrooms
7.5 Baths
Extra Rooms
Finished Bsmt
Garage: 2 sp

Property

1.80 acres
Heated Pool
Tennis
Mainland

Under construction, by renowned Farrell Building Company, this magnificent 8,000 square foot shingled gambrel estate home sits on 1.8 acres in the most prestigious Water Mill area by Mecox Bay. It offers 7 bedrooms, 7 and ½ baths, a grand foyer leading to a great room, library gathering room, study, gourmet kitchen with morning room and butlers pantry and flanked by covered porches and patios. A completely finished lower level offers a fitness center, billiard room, media room, 2 full baths, sauna steam and massage room, wine cellar, plus staff quarters. There is a 2 car garage, heated Gunite pool, pool house, tennis court and more amenities than one can imagine. This opulent property is worth waiting for.

 

Folio# 14524
Sale IN# 23836

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589 Sagaponak Rd, Sagaponack           Sgpk South

$12,500,000

House

English / Country
2 Stories
Built 2007
7226 Sq. Ft.
OHA Heat
CAC

Rooms

6 Bedrooms
7.5 Baths
Full Bsmt
2 Fireplace(s)

Property

2.50 acres
Heated Pool
Tennis
Taxes: 4802
Mainland

7226 sq english country masterpiece sits on 2.5 acres, overlooks 25 acres of reserve. The home offers 6 bedrooms,7.5 bathrooms, sunken tennis court, gunite pool with spa, cerriage house, and finished lower level with gym, sauna, recreational room and more.

 

Folio# 14274
Sale IN# 16918

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1285 Flying Point Road, Water Mill           WM South

$12,500,000

House

Contemporary
2 Stories
Built 1952
1770 Sq. Ft.
OHA Heat

Rooms

3 Bedrooms
3 Baths
1 Fireplace(s)
Garage: 1 sp

Property

1.04 acres
Room For Pool
Oceanfront

With 182 feet of steel bulk headed oceanfront, the only one of its kind in the Hamptons, this 1950’s Contemporary is situated on well over an acre. Boasting not only spectacular sunrises over the Atlantic but also, magnificent sunsets over Mecox Bay, this is paradise found.

 

Folio# 13326
Sale IN# 54357

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9 Halsey Farm Drive, Southampton           SH Village

$12,500,000

House

Traditional
2 Stories
Built 1999
9500 Sq. Ft.
cedar Exterior
GHA Heat
CAC

Rooms

7 Bedrooms
8.5 Baths
Extra Rooms
Finished Bsmt
3 Fireplace(s)
Garage: 3 sp

Property

1.80 acres
Pool
Room For Tennis
Taxes: 25,330
Mainland

This beautiful traditional home cannot be compared to anyother listing for it’s perfection. With over 9,000 sq. ft. of living space plus a fully finished basement with a media room, gym and play area. There are 7 large bedrooms and 8 baths with master bedroom on first floor as well as second. Enjoy dinner in the spacious dining room or lovely state of the art kitchen. In addition there is a formal living room and den. The pool house sits next to a sparkling, heated, gunite pool. The driveway leads up to a 3 car garage. The gated 1.8 acre property has lush landscaping. JUST PERFECT!

 

Folio# 11003
Sale IN# 38171
Rental IN# 97300

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1223 Ocean Road, Bridgehampton           BH South

$12,500,000

House

Traditional
2 Stories
Built 2006
6600 Sq. Ft.
shingled Exterior
OHW Heat
CAC

Rooms

6 Bedrooms
5.5 Baths
Extra Rooms
Finished Bsmt
1 Fireplace(s)
Garage: 2 sp

Property

0.92 acres
Heated Pool
Taxes: 7500.
Mainland

Gorgeous 6,600 square foot traditional on just about an acre with all the amenities. This spectacular home is just steps from the ocean and features six bedrooms, five and a half baths, master suite with sitting area, fireplace, and walk in closet with built in cabinetry. Professional gourmet kitchen designed by Christopher Peacock, breakfast area, formal dining room, and spacious great room. There is also a full finished basement with home theatre. To complete this fabulous home there is a heated gunite pool and spa surrounded by the most beautiful landscaping. A staff suite is also included in this offering.

 

Folio# 14523
Sale IN# 23734

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461 Parsonage Lane, Sagaponack           Sgpk South

$12,250,000

House

Shingle Style
2 Stories
Built 2008
8300 Sq. Ft.
OHA Heat
CAC

Rooms

7 Bedrooms
8.5 Baths
Finished Bsmt

Property

1.70 acres
Heated Pool
Tennis
Mainland

Shingle Style English Country home with pool house situated on very private west-facing 1.7 acre lot. Master bedroom suite with fireplace, sitting room, bath with radiant heat & steam shower and outdoor roof deck. Living Room with covered outdoor porch. Custom Built Kitchen with breakfast area. Lower level with home theatre, gym with sauna & steam shower, media room, rec room and wine room.

 

Folio# 15425
Sale IN# 39650

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200 Captains Neck Lane, Southampton           SH Village

$12,000,000

House

Mansard
2 Stories
Built 1982
4500 Sq. Ft.
OHA Heat
CAC

Rooms

5 Bedrooms
5.5 Baths
Full Bsmt
2 Fireplace(s)
Garage: 2 sp

Property

1.80 acres
Heated Pool
Tennis
Taxes: 21,000
Mainland

In one of Southampton Village’s most sought after locations in the heart of the estate section, this beautiful, sunlit house is perfectly positioned on an exquisitely landscaped 1.8-acre property. The gracious interior features elegant principal rooms, five generous bedrooms, five and one-half baths and two fireplaces. The entertaining spaces extend outside, where a covered terrace overlooks the sparkling swimming pool. The lush, private grounds also include mature landscaping, specimen trees, a delightful rose garden and a tennis court. Offered exclusively, $12,000,000.

 

Folio# 14455
Sale IN# 26222

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221 Church Lane, Bridgehampton           BH South

$12,000,000

House

Georgian
2 Stories
Built 2000
10000 Sq. Ft.
OHW Heat
CAC

Rooms

6 Bedrooms
7.5 Baths
Finished Bsmt
9+ Fireplace(s)
Pool/Guest House

Property

3.30 acres
Heated Pool
Tennis
Taxes: 18500
Mainland

Gorgeous Georgian, two story, built in 2000. This privately situated beautiful home sits on 3.30 acres of perfectly manicured land. The amentites are endless when it comes to this stunning home. The first floor has an impeccable formal dining room, formal living room, gourmet chef’s kitchen with butler’s pantry, spacious breakfast room with large windows, library, and maid’s room. The second story has very spacious hallways, beautiful palladium windows, full service bar, large office, multiple guest bedrooms with fireplaces, immaculate bathrooms, master suite with his and hers bathrooms, and more! There is also a full finished basement with a media room, and wine cellar.To compliment the inside, the exterior has an amazing formal rose garden framed with box woods, sun porch with fireplace overlooking the heated pool & pool house, and a clay tennis court.

 

Folio# 14417
Sale IN# 15073

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11 Jule Pond Drive, Southampton           SH South

$12,000,000

House

Mediterranean
2 Stories
Built 2003
7000 Sq. Ft.
Stucco Exterior
GHA Heat
CAC

Rooms

5 Bedrooms
5.5 Baths
Extra Rooms
Full Bsmt
2 Fireplace(s)
Garage: 3 sp

Property

2.60 acres
Heated Pool
Tennis
Taxes: 24,783
Bayfront

With private beach access and in idyllic setting in Southampton’s prestigious Fordune estate, light, spacious and exquisitely appointed Mediterranean-style villa with panoramic water views throughout on 2.6+/- manicured acres. Featuring Olympic-sized gunite pool, tennis, 10-seat screening room , 19+ ft. ceiling great room, Euro Concepts gourmet kitchen, lavish master suite, four sumptuous guest suites, and excellent flow for relaxed and sophisticated entertaining.

 

Folio# 14080
Sale IN# 48014

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263 SURFSIDE DRIVE, Bridgehampton           BH South

$11,950,000

House

Contemporary
2 Stories
Built 1961
3600 Sq. Ft.
OHA Heat
CAC/Wall Units

Rooms

4 Bedrooms
3.5 Baths
Full Bsmt
2 Fireplace(s)

Property

1.30 acres
Survey
Taxes: 23690.44
Oceanfront

Luxuriate in the sea breezes and panoramic views of the Atlantic from this oceanfront 4-bedroom, 3-bath home, situated on a large 1.3-acre parcel, with 125 ft. of ocean frontage. Tremendous expansion potential!

 

Folio# 14731
Sale IN# 13912

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771 MONTAUK HIGHWAY, Quiogue           Quiogue

$11,500,000

House

English / Country
3 Stories
Built 1904
10000 Sq. Ft.
OHA Heat
CAC

Rooms

8 Bedrooms
7 Baths
Extra Rooms
Full Bsmt
8 Fireplace(s)
Garage: 3 sp

Property

6.90 acres
Heated Pool
Tennis
Taxes: 25490.74
Bayfront

A private gated drive leads to this prestigious 10,000sq ft landmark estate, surrounded by 6.9 acres of privacy with a Dock and 640 ft on Quantuck Bay… Designed in 1904 by the architect Wilson Eyre for the Theodore Conklin family, this elegant fifteen room residence was constructed with meticulous attention to every detail from the magnificent Verandah with the original ornate bench with its Tiffany pendant lighting fixtures, to the entrance gallery and formal Dining room overlooking the vast lawn and bay front… In addition to the Gentlemen’s Wing with its bar, card/billiard table and massive limestone fireplace are seven bedrooms, five baths, two half-baths, eight fireplaces, caretakers apartment and media room, is a fitness center, game room, wine cellar/tasting room, French imported tiled roof, and a four car garage. A bucolic setting of gardens surround the Har- Tru tennis court with pavilion, 57 ft heated gunite pool and spa, and a charming one bedroom, with fireplace guest house. featured in the architectural book “HOUSES OF THE HAMPTONS” All contribute to making this one of our more distinguished exclusive offerings… shown only by appointment. Folio#16003 $11,500,000

 

Folio# 14595
Sale IN# 19257

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26 Quantuck lane, Quogue           Q South

$11,500,000

House

Estate / Mansion
1 Story
Built 1988
6000 Sq. Ft.
OHA Heat
CAC

Rooms

5 Bedrooms
6 Baths
Extra Rooms
1 Fireplace(s)
Garage

Property

4.60 acres
Heated Pool
Tennis
Taxes: 12,991.50
Bayfront

This family hide away is minutes from town and ocean beaches yet is completely private. Set on 4.6 acres on the open bay, this pristine estate boasts 5 bedrooms (including a master suite with bath and study with bath), 6 baths and separate guest cottage with bath. The gourmet kitchen commands two open dining rooms and leads to the serene living room with a fireplace and wide open views of the bay. French doors everywhere open to the terrace and the bay beyond. For family entertainment there is a library/media /game room with plenty of space to play pool and gather for movies, and a barn for your golf cart and rainy day fun. Every amenity and comfort is here, from the stunning gunite heated pool with hot tub to the professional har-tru tennis court . Watch the magnificent sunsets over the water, stroll the private lawns and gardens, and relax in the peace and quiet of a private nature preserve. Ah! Life is good. Exclusively by appointment.

 

Folio# 12693
Sale IN# 52422

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64 Mecox Bay Lane, Water Mill           WM South

$11,495,000

House

Traditional
2 Stories
Built 2007
7100 Sq. Ft.
OHA Heat
CAC

Rooms

9 Bedrooms
9.5 Baths
Finished Bsmt
Garage: 2 sp

Property

1.40 acres
Pool
Tennis
Mainland

Ocean and bay breezes will caress this new estate just finishing construction and ready for Summer 2008 deep within Water Mill South. Sited on a gorgeous 1.5 acres, a 7,100 sq. ft., 9-bedroom residence will be ready for next summer’s enjoyment. A newly fashioned floor plan includes great room, living room, library and screened porch, all warmed by fireplaces. The custom kitchen leads to the formal dining room with both a junior master and staff bedroom completing the 1st floor. Upstairs the master with fireplace reigns over 4 additional bedroom suites. A finished basement includes staff quarters, media room and more. An elevator services all three levels of living space. Outside the generous patios frame a heated gunite pool and tennis court.

 

Folio# 10186
Sale IN# 52844

All Photos

195 Georgica Road, East Hampton           EH South

$11,450,000

House

Traditional
2 Stories
Built 2007
7000 Sq. Ft.
Cedar Shingle Exterior
OHA Heat
CAC

Rooms

7 Bedrooms
7.5 Baths
Extra Rooms
Finished Bsmt
6 Fireplace(s)
Garage: 2 sp

Property

1.50 acres
Heated Pool
Tennis
Taxes: N/A
Mainland

A classic 7,000 sq. ft ., 7-bedroom Traditional has begun construction on 1.5 beautiful acres. A new design by one of the Hamptons hottest builders will include great room, formal dining, gourmet kitchen, butler’s pantry, breakfast room, 2-story wood paneled library, gym, staff quarters, 4 fireplaces, 2 powder rooms, conservatory and elevator. The finished basement will offer recreation room, gym with sauna and steam room, wine cellar and 2 staff bedroom suites. Additional amenities include gated entry, sunken Har-Tru court, gunite pool with spa and cabana.

 

Folio# 10535
Sale IN# 48860
Rental IN# 66002

All Photos

Mullen Hill Lane, Southampton           SH North

$11,250,000

House

Traditional
2 Stories
shingle Exterior
OHA Heat
CAC

Rooms

10 Bedrooms
7.5 Baths
Extra Rooms
Bsmt Partial
3 Fireplace(s)
Garage: 3 sp

Property

2.80 acres
Heated Pool
Tennis
Taxes: 13000
Bayfront

243′ of Beautiful open waterfront compound high on bluff with sunset views! Walk down one of your stairways to private beach. Two houses, 44′ heated gunite pool with 2 spas overlooking the bayplus tennis court, two cabanas, generator. Screened in porch, waterside mahogany & stone patios decking and office are just a few of the amenities with 10 bedrooms and 7.5 baths, gourmet kitchen, 6 garage bays with 2 bedroom apartment. Totally renovated with a gated entrance. Gardens & fully landscaped. One of the most unique properties left in the Hamptons! Won’t last.

 

Folio# 15221
Sale IN# 32305

All Photos

202 Private R/W Highland Terrace, Bridgehampton           BH South

$11,000,000

House

Contemporary
2 Stories
Built 2006
3200 Sq. Ft.
OHW Heat
CAC

Rooms

5 Bedrooms
3 Baths
Bsmt Partial
2 Fireplace(s)
Garage: 2 sp

Property

1.10 acres
Heated Pool
Pondfront

Totally renovated in 2006 to the highest standards and offering incredible water views, this sleek modern home incorporates every amenity in a rare, waterfront setting. Private and gated, bright open living and dining spaces with panoramic views, five bedrooms, gym, bonus room, lovely pool, 2-car garage, extensive landscaping.

 

Folio# 14378
Sale IN# 26760

All Photos

46 Georgica Road, East Hampton           EH South

$10,900,000

House

Carriage House
2 Stories
Built 1907
6000 Sq. Ft.
cedar shake shingles Exterior
GHA Heat
CAC

Rooms

5 Bedrooms
5.5 Baths
Full Bsmt
3 Fireplace(s)

Property

1.00 acres
Heated Pool
Room For Tennis
Mainland

This beautiful carriage house is 6,000 sq.ft. and sits on an acre of finely manicured land. This two story charming home is welcoming and has much detail inside and out. It has new cedar shake shingles, five bedrooms, five and a half baths, full basement, heated pool, three fireplaces, a master bedroom, and much more!

 

Folio# 10892
Sale IN# 40625

All Photos

422 Dune Road, Bridgehampton           BH South

$10,900,000

House

European Villa
3 Stories
Built 1992
3500 Sq. Ft.
OHA Heat
CAC

Rooms

4 Bedrooms
4.5 Baths
Extra Rooms
Bsmt Partial
3 Fireplace(s)
Garage: 1.5 sp

Property

2.00 acres
Heated Pool
Survey
Taxes: 22,800
Bayfront

This contemporary Mediterranean-style home, Three Waters, is situated where Mecox Bay meets the Atlantic Ocean. Exceptional water views from every room and level of this unique and gracious home. This custom designed and built residence features multiple levels for comfortable living and entertaining. There’s a living room with fireplace, a large den room with fireplace and a professional kitchen with adjacent dining. The master bedroom, with fireplace, has its own private roof deck with a 360 degree view of the Three Waters (Ocean, Bay and Cut). There are 3 well appointed guest bedrooms and 3 baths. Another sitting room with a kitchenette opens to the heated pool and spa.

 

Folio# 11725
Sale IN# 28118

All Photos

115,101,107,109 Startop Drive, Montauk           Montauk

$10,800,000

House

Ranch
1 Story
Built 1957
2500 Sq. Ft.
Cedar Exterior
OHA Heat
CAC

Rooms

5 Bedrooms
4 Baths
Extra Rooms
Finished Bsmt
1 Fireplace(s)

Property

14.40 acres
Room For Pool
Room For Tennis
Taxes: 20,000
Oceanview

Soaring high above it all, this legendary Montauk 14.4 acre hilltop captures unparalleled 360* panoramic views, privacy & peaceful respite from the gridlock of the Hamptons. Imagine enjoying every Sunrise, every Sunset, a kaleidoscope of emerald graceful rolling hills, all lined by Ocean, Lake, & Harbor vistas. Endless views over a 1,000 acre County Park & off to the historic Montauk Lighthouse, Gardiner’s Island & Block Island Sound make this a property unlike any other. Comprised of a 3.98 acre country home a 2.98 acre Equestrian compound + 1.6 vacant parcel, all bordering 5.98 acre Peconic Preserve indelibly defines this majestic Montauk location as the ultimate destination for our most discerning buyers.

 

Folio# 10929
Sale IN# 54222
Rental IN# 67805

All Photos

19 Parsonage Lane, Sagaponack           Sgpk South

$10,800,000

House

Traditional
2.5 Stories
Built 1850
3500 Sq. Ft.
GHA Heat
A/C: Wall Units

Rooms

4 Bedrooms
3.5 Baths
Extra Rooms
Full Bsmt
2 Fireplace(s)
Garage: 3 sp

Property

2.20 acres
Heated Pool
Taxes: 7515
Mainland

 

Folio# 14696
Sale IN# 50663

All Photos

121 Pauls Lane, Bridgehampton           BH South

$10,500,000

House

Shingle Style
2 Stories
Built 2008
7000 Sq. Ft.
cedar shingle Exterior
OHA Heat
CAC

Rooms

7 Bedrooms
8.5 Baths
Finished Bsmt
3 Fireplace(s)
Garage: 2 sp

Property

1.40 acres
Pool
Tennis
Mainland

Shingle gambrel underconstruction on one the best Lanes – south-of-highway and importantly facing south to gain the most sun and light exposure. Being built to highest standards and and with the best finishes, this 7 bedroom, 8 bathroom will have all the living and entertaining spaces one needs- large panelled entrance hall, library and formal dining rooms – both with fireplaces, great room with fireplace and wall of south-facing french doors, media room, large kitchen, staff room and elevato. Upstairs, five large bedrooms and large master suite with separate sitting room and deck. Outside – gunite pool & spa plus tennis court will complete this 1.4 acre property.

Finally, someone with the guts to jump off the bandwagon of over-dramatazation and “headline grabbing behavior”

 

OPINION

The Housing Crisis Is Over

By CYRIL MOULLE-BERTEAUX
May 6, 2008; Page A23

The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now.

How can this be? For starters, a bottom does not mean that prices are about to return to the heady days of 2005. That probably won’t happen for another 15 years. It just means that the trend is no longer getting worse, which is the critical factor.

Most people forget that the current housing bust is nearly three years old. Home sales peaked in July 2005. New home sales are down a staggering 63% from peak levels of 1.4 million. Housing starts have fallen more than 50% and, adjusted for population growth, are back to the trough levels of 1982.

Furthermore, residential construction is close to 15-year lows at 3.8% of GDP; by the fourth quarter of this year, it will probably hit the lowest level ever. So what’s going to stop the housing decline? Very simply, the same thing that caused the bust: affordability.

The boom made housing unaffordable for many American families, especially first-time home buyers. During the 1990s and early 2000s, it took 19% of average monthly income to service a conforming mortgage on the average home purchased. By 2005 and 2006, it was absorbing 25% of monthly income. For first time buyers, it went from 29% of income to 37%. That just proved to be too much.

Prices got so high that people who intended to actually live in the houses they purchased (as opposed to speculators) stopped buying. This caused the bubble to burst.

Since then, house prices have fallen 10%-15%, while incomes have kept growing (albeit more slowly recently) and mortgage rates have come down 70 basis points from their highs. As a result, it now takes 19% of monthly income for the average home buyer, and 31% of monthly income for the first-time home buyer, to purchase a house. In other words, homes on average are back to being as affordable as during the best of times in the 1990s. Numerous households that had been priced out of the market can now afford to get in.

The next question is: Even if home sales pick up, how can home prices stop falling with so many houses vacant and unsold? The flip but true answer: because they always do.

In the past five major housing market corrections (and there were some big ones, such as in the early 1980s when home sales also fell by 50%-60% and prices fell 12%-15% in real terms), every time home sales bottomed, the pace of house-price declines halved within one or two months.

The explanation is that by the time home sales stop declining, inventories of unsold homes have usually already started falling in absolute terms and begin to peak out in “months of supply” terms. That’s the case right now: New home inventories peaked at 598,000 homes in July 2006, and stand at 482,000 homes as of the end of March. This inventory is equivalent to 11 months of supply, a 25-year high – but it is similar to 1974, 1982 and 1991 levels, which saw a subsequent slowing in home-price declines within the next six months.

Inventories are declining because construction activity has been falling for such a long time that home completions are now just about undershooting new home sales. In a few months, completions of new homes for sale could be undershooting new home sales by 50,000-100,000 annually.

Inventories will drop even faster to 400,000 – or seven months of supply – by the end of 2008. This shift in inventories will have a significant impact on prices, although house prices won’t stop falling entirely until inventories reach five months of supply sometime in 2009. A five-month supply has historically signaled tightness in the housing market.

Many pundits claim that house prices need to fall another 30% to bring them back in line with where they’ve been historically. This is usually based on an analysis of house prices adjusted for inflation: Real house prices are 30% above their 40-year, inflation-adjusted average, so they must fall 30%. This simplistic analysis is appealing on the surface, but is flawed for a variety of reasons.

Most importantly, it neglects the fact that a great majority of Americans buy their houses with mortgages. And if one buys a house with a mortgage, the most important factor in deciding what to pay for the house is how much of one’s income is required to be able to make the mortgage payments on the house. Today the rate on a 30-year, fixed-rate mortgage is 5.7%. Back in 1981, the rate hit 18.5%. Comparing today’s house prices to the 1970s or 1980s, when mortgage rates were stratospheric, is misguided and misleading.

This is all good news for the broader economy. The housing bust has been subtracting a full percentage point from GDP for almost two years now, which is very large for a sector that represents less than 5% of economic activity.

When the rate of house-price declines halves, there will be a wholesale shift in markets’ perceptions. All of a sudden, the expected value of the collateral (i.e. houses) for much of the lending that went on for the past decade will change. Right now, when valuing the collateral, market participants including banks are extrapolating the current pace of house price declines for another two to three years; this has a significant impact on the amount of delinquencies, foreclosures and credit losses that lenders are expected to face.

More home sales and smaller price declines means fewer homeowners will be underwater on their mortgages. They will thus have less incentive to walk away and opt for foreclosure.

A milder house-price decline scenario could lead to increases in the market value of a lot of the securitized mortgages that have been responsible for $300 billion of write-downs in the past year. Even if write-backs do not occur, stabilizing collateral values will have a huge impact on the markets’ perception of risk related to housing, the financial system, and the economy.

We are of course experiencing a serious housing bust, with serious economic consequences that are still unfolding. The odds are that the reverberations will lead to subtrend growth for a couple of years. Nonetheless, housing led us into this credit crisis and this recession. It is likely to lead us out. And that process is underway, right now.

Mr. Moulle-Berteaux is managing partner of Traxis Partners LP, a hedge fund firm based in New York.

full invite here:  jeanines-kentucky-derby-invitation2

 

 

The number of Hamptons homes sold in the three months ending March 31 fell to 312, a 29 percent decline from the fourth quarter and a 42 percent drop from the first quarter of 2007, the survey said.

see the Bloomberg report:

Hamptons Home Prices Decline on Wall Street Job Cuts, Economy
By Bob Ivry

see The Real Deal article here

SORRY IF THE LINKS DON’T WORK HERE – GOTO buryLIPAcables.com -

Committee for a Green South Fork
(buryLIPAcables.com)
April 29, 2008
Dear Concerned South Fork Resident,

Please note CORRECTED email address for Supervisor Linda Kabot:
lkabot@SouthamptonTownNY.gov


On Monday, State Supreme Court Justice Peter H. Mayer ruled to deny the Town’s Temporary Restraining Order (TRO) against LIPA’s construction of the above-ground portion of the powerline route in Water Mill (huge poles).

Judge Mayer did not vacate the Town’s Stop Work Order (SWO) against LIPA’s above-ground portion, and delayed his ruling on that.  It is not clear that LIPA will abide by the Town’s SWO, as LIPA had scheduled to begin erecting poles in Water Mill this Friday, May 2.

The Town and LIPA Are at an Impasse.  LIPA demands to be assured of payment for burying all the cables.  LIPA management is willing to make the deal, but the LIPA Trustees must vote to approve this decision.  LIPA wants assurance that…IF they bury all the cables before the LIPA Trustees vote…and IF the LIPA Trustees vote not to accept the residents’ surcharge covering the cost…then Southampton Town will pay.

The Town is reluctant to make that assurance, as the expense might have to be borne town-wide in the absence of a special Tax Assessment District (for the East End of the Town).  The proposal of a new Tax Assessment District would take time to work through the approval process in Albany, and might not be approved.

YOU CAN HELP – Send an email to Supervisor Linda Kabot and the Southampton Town Board.  Let Supervisor Kabot know you want the Town to make sure there are No Huge Poles in the South Fork!  No matter what!  One way or another, the Town must agree to cover LIPA’s financial liability to bury all the cables – No Huge Poles!  Email Supervisor Kabot and the Town Board today at: LKabot@SouthamptonTownNY.gov

Thanks to those of you who have already contributed to our legal defense fund! If you have not contributed to our legal defense fund, please do it NOW!  You can make a credit card contribution securely on-line via PayPal on our website at buryLIPAcables.com by clicking here: Go to Donate Button.


Steve Abramson, Chair
Committee for a Green South Fork
info@buryLIPAcables.com

UPDATE 3/1/2009 – things have changed…these words don’t taste so good.

Hamptons dollar volume down 66%

Hedge Funds’ Paulson

Trades Up in Hamptons

By CHRISTINA S.N. LEWIS
April 11, 2008; Page W8

Last year, hedge-fund manager John Paulson pocketed billions by betting the housing market would collapse, but in the Hamptons he’s just listed his three-acre retreat for $19.5 million, more than 50% above what he paid for it two years ago.

[See more pictures.]
Hedge-fund manager John Paulson purchased this 10.4-acre Southampton, N.Y., compound for $41.3 million. It sits on Lake Agawam.

The founder of Paulson & Co., managing roughly $32 billion, recently bought a 10.4-acre lakefront compound less than a mile away for $41.3 million. The seller was Rodney Propp, chairman of a Manhattan property firm.

Last year, Mr. Paulson made as much as $3 billion to $4 billion for himself — thought to be a record one-year payday on Wall Street. This year the former Bear Stearns Cos. investment banker bet against the financial sector and profited from weakening among banks, including Bear.

[John Paulson]

The Southampton, N.Y., house he’s listed is a seven-bedroom “cottage” on three acres with an enclosed pool and sauna and a detached garage. He bought it two years ago from Jurgen Friedrich, a director of clothing company Esprit Holdings, for $12.75 million, records show.

The trader’s 15,000-square-foot new house was built in 1911 and fully renovated, and comes with separate staff quarters, two other houses, a three-car garage and a pool. The property, called “Old Trees,” has about 450 feet on Lake Agawam and ocean views. It was listed for $48 million in 2006.

Bobby Gianos

As we first reported over two years ago, on the original Hamptons Real Estate Blog, Robert (Bobby G) Gianos, is in full swing developing Olde Towne on the last large parcel of land in Southampton Village.

Like him, or not; like his project or not, Gianos has focused like a laser beam on this project and has approached in in an undeniable fashion. A great example for all business people to follow.

Hamptons.com released a piece on Olde Towne: check it out!

Building Olde Towne Tree By Tree, Billionaire By Billionaire
By Andrea Aurichio 

 

 

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