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As the summer winds down, a slow down is nowhere in sight for the real estate market in the Hamptons. With interest rates low, prices increasing, and even some bidding wars, the fall season is predicted to be very busy in the Hamptons!
HRES recently had the opportunity to sit down with Tim Davis, of the Corcoran Group, who sold Southampton’s historic Wooldon Manor oceanfront estate, not once, but twice in just six months. It first sold in one transaction in December of 2013 for $75 million. In less than 3 months it was back on the market, selling again in July 2014 in several transactions, for a total of $81,250,000.
Alan Schnurman, a prominent investor in East End properties since 1986, has made a name for himself in the Hamptons Real Estate market since joining Saunders & Assoiciates. HRES sat down with Alan for a brief Q & A.
As the summer heats up, the real estate market is getting even hotter, especially in the Hamptons. From the magnificent beaches to the chic boutiques, and cool nightspots, the Hamptons are the place to be!
HRES: What is your favorite Sag Harbor neighborhood? Why? GD: I love the Historic District and never fail to notice some charming detail I never noticed before. I’ve been a history buff my entire life, graduated from University of Pennsylvania with a degree in American Civilization, fascinated by the richness of architecture and decorative arts in Philadelphia
HRES is known for its pages of multi-million dollar listings, but once in a while a property comes along that requires a bit more attention like this one of a kind 17 acre estate being represented by Susan Breitenbach. HRES sat down with Susan to find out what makes this Ocean Road estate exceptional.
Hamptons Real Estate Showcase sits down with one of the top producers in the Hamptons, Laura White of Saunders & Associates. Laura gives us her take on the real estate market and what she¹s passionate about.
Circa 1920’s ivy covered, breathtakingly romantic and beautifully restored English-style stucco cottage with slate roof set on .50+/- acre and an included adjacent separate .50+/- acre provide a completely serene and private setting from which to enjoy unparalleled views of Shinnecock Bay and the Atlantic beyond.
The highest price to date for a non-waterfront property on one acre was recently set at $9.75 million