Best Deals in the Hamptons – Thanksgiving 2016

By Ruth Thomas

Waterview Traditional – $1,895,000
The Goods – Spread out over 3,800 sq. ft., this 5 bedroom, 5 bath, 3-level beach house is just steps to the water. An open floor plan features a living room with fireplace, large dining area, and professional kitchen. There is a cozy den with an adjacent full bath. The master suite has a walk-in closet and master bath. The upstairs features a junior master suite and three guest rooms plus an additional full bath. The lower level has an additional living room, laundry, and a large sun-filled gym/media room with kitchenette and full bath. The new heated gunite pool has a waterfall and bluestone coping. MLS# 55304.

Why it’s a good deal – Listing agents Vanessa Mothes and Bryan Midlam of Compass say, “The house is a great deal because it is one of the only options on the market below $2M that has this much space, is fully renovated and recently built. It has a water view and a fully finished walkout lower level with brand new gunite pool with waterfall, and 3 levels of outdoor entertaining. A combination of this location and amenities doesn’t exist elsewhere at this price point!”

Distinctive Southampton Waterfront – $4,250,000
The Goods – Sited on 3.1 beautifully landscaped acres, with a dock, this distinctive property offers privacy and stunning views to wide-open deep water, smaller channels, and beautiful marshlands all framed by shade trees and gardens. The main house was built in a classic New England shingled style and the 3,100 sq. ft. floor plan offers a living room with a fireplace, dining area, and an oversized and sunny eat-in kitchen. There are a total of 4 bedrooms, including a ground floor master suite with a large dressing area and marble bath. The stone patio surrounds a free form gunite pool with a bathhouse. Accessed by a separate service entrance is a detached 2-car garage with a studio above. IN# 25493.

Why it’s a good deal – Listing agent Patricia Petrillo of Sotheby’s International Realty says, “I think this is an excellent value. This charming 3,100 sq. ft. house with a gunite heated pool and a detached 2-car garage with a studio above is on 3.1 very private acres. And if that was not enough, it is waterfront with a boat dock and a gorgeous view.”

Boxwoods – $18,995,000
The Goods – Located South of the Highway in Sagaponack near the ocean, this 2.3+/- acre property sports a brand new 12,000+/- sq. ft. mansion. Each room is decorated with antiques, art, and custom made rugs. Includes 7 bedrooms, 8 full baths, and 5 half baths. Main level features a gourmet kitchen, great room, junior master, guest bedroom, and library. Second story has two ensuite bedrooms and a master suite wing. Lower level has two ensuite bedrooms, an exercise room, recreation room, and home theater. Includes pool, pool house, and sunken tennis court. Landscaping is professionally done with specimen trees. IN# 50676.

Why it’s a good deal – “This is a great deal because you cannot buy this land for less than $7.5M. It has more than $1M in furniture, rugs, and antiques. You could not begin to build this for $1,000 per sq. ft. and it’s 12,000+/- sq. ft. – not including the 3-car garage. The landscaping has sophisticated, mature trees and hardscape. No house on the market today even begins to compare,” says listing agent Martha Gundersen of Brown Harris Stevens.

New Village Construction South of Hill Street – $4,950,000
The Goods – Newly listed 6,874 sq. ft. construction, located South of the Highway in premier, private section of the Village. First level includes professional chef’s kitchen, great room with large fireplace, formal dining room, two laundry rooms, junior suite, and private den. Second floor has master suite with ensuite bath, plus three guest bedrooms all with ensuite baths. Lower level includes media room, spa room with sauna, bedroom, and two full baths. Heated gunite pool, spa, and pool house. IN# 45246.

Why it’s a good deal – “New construction priced competitively at $4,950,000, South of the Highway. In a great neighborhood with no traffic, everyone that drives in lives there, no thruway. It also offers community tennis and a playground for kids. Home is fully loaded with a spa room, sauna, and media room. Large lot/yard,” says listing agent Thomas Cavallo of Douglas Elliman Real Estate. “The home is in the Southampton school district not Tuckahoe, so the taxes are a third of the price. I think that’s a great selling feature.”

Flying Point Ocean and Bayfront – $13,000,000
The Goods – Noted architect, impeccable new build with five bedrooms, three baths, and open living/dining/kitchen plan with ocean and/or bay views from every room. The ground floor also offers two bedrooms and a full bath. Upstairs features a family room, two bay-facing bedrooms that share a full bath, and adjoin the laundry. The master suite presents a walk-in closet and sky-lit master bath. Full-height, heavy, sliding glass doors, outdoor patios and decks, one with a steel hot tub and fireplace – makes it hard to stay inside. The property comprises an acre with 155 ft. ocean and bay bulkhead frontage, including a dock on Mecox Bay. IN# 48820.

Why it’s a good deal – Listing agent Harald Grant of Sotheby’s International Realty says, “I think it’s the best deal around because you can’t find a brand new house, with bulkhead ocean and bay frontage asking $13M.”

Best East Hampton Waterfront with a Dock – $2,695,000
The Goods – On Hog Creek, on almost an acre of land, this totally and carefully renovated home has 4 bedrooms and 3 baths, and lots of additional common space, inside and outside. Modern kitchen, living room with fireplace, office/den, patio off the family room, wood floors, and central air. The upper deck is perfect for lounging and dining and the lower level is finished, complete with wet bar. The massive lawn leads you down to the floating dock. There’s an outdoor shower, a gorgeous gazebo, and a boathouse for all your summer toys. IN# 15008.

Why it’s a good deal – “It is located in a unique Gardiners Bay beachfront community – one of only two in all of East Hampton Town – with its own private marina, beach, and picnic area. Guaranteed one will NOT be able to replicate this home for its present asking price of only $2,695,000,” says Principal Broker Htun Han of Hamptons Realty Group.