Latest News: Best Deals


By Ruth Thomas - September 15, 2017

As Featured On The Front Cover – $5,995,000
The Goods – Nestled on 1.5 acres amid the farm fields of Southampton sits a new luxury residence by Breskin Development. Surrounded by more than 90 acres of agricultural reserve with over 9,000 square feet of elegantly appointed living space on 3 levels. Not only does every window of this home look out onto picturesque farm views, but the estate comes with a guarantee of total privacy for years to come with no more development rights surrounding it. The backyard retreat boasts a 20’x50’ pool, pool house, and professional Har-tru tennis court.

Why it’s a good deal – Listing agents James Peyton and Raphael Avigdor of Douglas Elliman Real Estate say, “The discerning Hamptons buyer seeking value and luxury has turned to North of the Highway. High-end estates backing to open reserve and horse farms are being crafted by the area’s top builders. This season nine spectacular properties have sold in similar size and scope from $6M-$8M and this is the newest one on the block. Just completed and with a tremendous amount of activity, it won’t last long.”

New Classic Village Home with Views of Havens Beach and Harbor – $4,950,000
The Goods – Exquisitely appointed Timothy Keller designed 5,500 square foot five bedroom, five and one half bath Classic Hampton home with a modern sensibility set on 0.55+/- acres on renowned Bay Street in the heart of Sag Harbor Village. Grand open kitchen and adjoining great room with hidden playroom overlook the pool area facing the harbor. Features dining room, office, first floor bedroom and living room with oversized fireplace. Second floor offers three en-suite bedrooms plus master bedroom suite with an attached study and balcony. Other amenities include a gym, study, office, mudroom laundry room and detached 2-car garage.

Why it’s a good deal – Listing agent Cynthia Barrett of Brown Harris Stevens says, “This special custom designed home completed in 2016 in the heart of Sag Harbor Village has the advantage of bordering Havens Beach, the Village private beach, reserve, and just down Bay Street from the wharf, marinas and the bustle on Main Street. In addition to the exquisite design, flow and chic sophistication, I admire the comfort of this home.”

East Hampton Village Bordering Reserve – $1,875,000
The Goods – Sited on a deep flag lot, overlooking the fields of the Bhumi Farm agricultural reserve, this East Hampton Village traditional is a rare pairing of in-town convenience and bucolic country living. This shingle-clad farmhouse features living and dining rooms leading to a spacious great room and an open chef’s kitchen. Plus powder room and mudroom. Upstairs features a spacious en suite master and 3 guest rooms and 2 baths plus an additional bonus room. The private .45 acre property is surrounded by a free-form pool and includes a 2-car attached garage. Just 1 mile to ocean beaches and blocks from East Hampton Village, this location is simply ideal.

Why it’s a good deal – Listing agents Brian Buckhout and Tyler Mattson of Compass believe, “This property represents the best deal in the Village of East Hampton. It is one of the only houses in the incorporated Village that is not only within walking distance to the heart of Main Street but also borders a reserve. The house is in move-in condition and has a great rental history making it not only a great deal but also a great investment.”

Value on the Water – $3,075,000
The Goods – Mesmerizing sunsets can be seen from this newly renovated, 4 bedroom beachfront home in Sag Harbor’s Noyac area. The half-acre property has 108 feet of bulkheaded waterfront with room for a pool on the waterside. The open floor plan encompasses living room with fireplace, dining area, breakfast nook and chef’s kitchen with commercial-grade stove and Quartzite countertops. There’s also a den (or 5th bedroom), and a full-height basement with access from inside or outside, a detached 2-car garage and room to expand. Mooring and temporary swim platform/dock are possible, too!

Why it’s a good deal – Listing agent Mala Sander of The Corcoran Group says, “Don’t miss this property, it’s priced practically at land value.”

Southampton Village – Excellent Value – $8,950,000
The Goods – This 7,350 square foot shingled home is sited on 2+/- professionally landscaped acres built in 2000. Features a dramatic 2-story foyer and large living room with cathedral ceiling. There is an elegant dining room, a beautiful gourmet kitchen, high-end appliances, a breakfast nook and family room, and an adjacent TV/game room. There are 8 bedrooms and 7.5 baths including a ground floor luxurious master suite with fireplace, den and a bath, second floor master suite and 6 additional bedrooms with 5.5 baths. There is a 2.5-car garage and a heated saltwater gunite pool.

Why it’s a good deal – “This is a beautifully maintained and well built house with a great floor plan. What makes this property an excellent value is the beautiful condition of the house and grounds and its location, which is across the street from two houses that have recently sold for $20.7M and $26M. This owner is asking $8.95M. It will appeal to a buyer who is looking for real value!” says listing agent Patricia Petrillo of Sotheby’s International Realty Inc.

Build your Dream Home on this 2.5 Acre ‘Field of Dreams’ – $6,350,000
The Goods – In a secluded and truly rare bucolic setting South of the Highway off one of Bridgehampton’s most desirable streets, this two and one-half acre property offers exciting opportunities. There’s room for a substantial new home with pool, pool house and tennis and western views with dazzling sunsets and sweeping farm field views over 40 acre reserve. Just moments to ocean beaches and Bridgehampton Village with its restaurants, shops and galleries.

Why it’s a good deal – Listing agent Krae Van Sickle of Saunders & Associates says, “There is just nothing like this property for the price South of the Highway. Finding a property that is both moments to beach and village while not on a busy road and in a setting that has authentic rural character is extremely rare. Buyers can also customize their dream home from a selection of building plans offered by one of the top builders in the Hamptons and have exactly the new house they want for less than a spec house in the same location.”

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