Matt Lauer has had a busy summer in real estate. First the Today Show anchor purchased Strongheart Manor, the North Haven compound of Richard Gere, for a reported $33M. We noted in a recent column that now that the property had been reduced to a salable figure it would go fast, and it did. Within a Hamptons minute of the price being lowered to $36.5M, Lauer scooped it up. The 6.2 acre waterfront property was listed originally in 2013 at $65M, nearly double the final ask. Lauer then proceeded to put a waterfront North Sea house on the market for $3.95 million, which he’d bought for $2.15M in 2009. The Cape Cod-style 1,800 sf abode is set down a nearly mile-long drive and overlooks a cove with bulkhead and private dock. As if that weren’t enough activity, in July the Lauers listed the 25 acre Deerfield Road estate where they hold court in the Hamptons for $18M. We hear that Lauer and his equestrian wife, Annette, will be holding onto Bright Side Farm, their 40 acre Water Mill horse farm. But we’re not so sure.
The Goods – This luxurious 2.3 acre beachfront residence has been intuitively crafted to create a magnificent entertainers’ retreat caressed by the gentle sounds of the surf. With 315 feet of ocean frontage and unobstructed views over Wainscott Pond, this home sets a high benchmark in quality oceanfront living and enjoys a blissfully secluded setting at the end of a private drive. The home blends traditional features with a smart modern design for a warm, inviting ambience. There is an emphasis on alfresco entertaining with wide wrap-around decks and a wooded boardwalk that provides direct private access to the beach. Undoubtedly, it is one of the Hamptons finest offerings on the market today. Web #38310
Montauk will not be the same without Russell “Rusty” Drumm, legendary surfer, fisherman, writer, and co-founder of The Oceans Institute of the Montauk Lighthouse Museum, aka The Montauk Surf Museum, that just opened last summer. Born in Syracuse, NY on February 8, 1947, raised in...
Buyers Remain Motivated To Invest In The Hamptons by Ruth Thomas
The Hamptons real estate market is expected to be vibrant this summer! New construction and waterfront are in great demand. Properties under $2M are seeing historic activity. And Westhampton Beach, Sag Harbor, and Montauk are hot. Predictions are that this will be the busiest summer yet for the Hamptons!