Latest News: Best Deals

Get Them While They’re Hot!

By Barbara Baker - November 18, 2020

Superb Location — $15,995,000

The Goods – Ideally located in very close proximity to Old Town beach and the village center, this substantial shingled home is comfortable, solidly built and very private. The spacious floor plan includes a grand foyer that spans the front of the house accessing the living room with a fireplace, the library with a wet bar and fireplace, a formal dining room and an oversized eat-in kitchen. There is a large bedroom suite with a fireplace on the ground floor, and in a separate wing, an immense lounge with floor to ceiling windows, a fireplace and a full pub-like bar. There are 9 bedrooms including a luxurious 1,100 +/- sq. ft. master suite with a white marble bath, and a separate master office with a fireplace. The full basement includes a very special wine room, gym, bedroom/bath and large well-equipped game/TV room. There is a 2-car garage, heated pool, an all-weather tennis court and a wide lawn perfect for a soccer game or an elegant sculpture garden. The home is a perfect safe place in a great location.

Why it’s a good deal — Listing broker Pat Petrillo of Sotheby’s International Realty says, “The price of $15,995,000 represents excellent value and an ideal solid investment. There are multiple new construction projects in close proximity that have sold or are asking for sale significantly (25%+) more money. If the new owner chose to rent this house for just one month, in season, it would probably be snapped up immediately for several hundred thousand dollars. It’s a great house with all the amenities in a great location.”

Pondfront Serenity in Sagaponack — $5,495,000

The Goods – Rare Sagaponack waterfront home sited on 1.8 groomed acres with gorgeous scenic water views. Nestled in the heart of wine and horse country, just minutes to the ocean, this charming home features five bedrooms, four baths including a large master suite with private deck and a waterside 50′ Gunite pool.

Why it’s a good deal — Listing broker Raphael Avigdor of The Avigdor / Penkova Team of Douglas Elliman Real Estate says, “Amazing deal because it is the only waterfront property with pool in that location offered under $5,500,000. One-of-a-kind home on a private road, bordering a 17.2-acre agricultural reserve. Tranquil and pristine location with stunning views over Poxabogue Pond. Moments to world-class ocean beaches, wineries, shopping and dining.”

Quintessential Custom Estate In Southampton Village — $9,995,000

The Goods – Stunning custom designed home executed by a well-known Hamptons estate builder and detailed by the owners from early construction. Absolutely no detail has been overlooked in designing this chic 8,369 square foot shingled Traditional with 7 bedrooms, 7 full and 2 half baths on 1.56 acres just a short distance to village and ocean beaches. The rear yard features heated Gunite pool with jacuzzi, pool house, open and covered porches. The list of custom features is extensive and includes geothermal heating and cooling system throughout the main residence, central vacuum, and 3-car garage.

Why it’s a good deal — Listing broker Mary Slattery of The Corcoran Group says, “This Hamptons home is perfectly located at the end of a quiet cul-de-sac in a highly desirable, prestigious Southampton Village community. Meticulously maintained and totally turnkey. To find an oasis of this quality with perfect Hamptons style does not happen every day. Just bring your sunscreen and toothbrush!”

Value In Village Of Quogue — $3,350,000

The Goods – Greeted with great warmth, one can appreciate its notable design, stylish décor, fine finishes and craftsmanship which follow throughout a very thoughtful floor plan, setting this home apart from current market inventory. Offering generous accommodations with six bedrooms, to include a separate guest en suite. Luxurious second floor master en suite is enhanced with its own fireplace and South-facing veranda where you might find some off-season water views overlooking Stone Creek. Abundant curb appeal, this Village retreat is beautifully sited on an oversized acre at the end of its cul-de-sac. An adjacent, one acre parcel is included in this sale should you wish to expand your vistas or to build an additional home and complete what may prove to be your legacy home.

Why it’s a good deal — Listing broker Maria Cunneen of Compass says, “Great rental income, wet bar, front covered porch, South-West facing, eco smart pool, coffered ceilings, dedicated wine cellar, walk out basement, possible room for tennis; includes a buildable lot with DEC approval for 3,200 square foot home and pool makes this a great deal.”

Georgica Estate Section — $4,750,000

The Goods – Set on a bucolic 1.4 acres in the highly sought after Georgica Estate section of East Hampton Village (under a mile) to either Georgica or Main Beach, this modern residence was designed by renowned architect Don Chappell, originally as his own home. Subsequent major additions in 1997 and 2003 tripling the size of the house, were also designed by Chappell for current owners for a total of 4,400+/- square feet of unique living space with most of the furniture built in. Just bring your toothbrush, sheets and towels!

Why it’s a good deal — Listing brokers Martha Gundersen and Paul Brennan of Douglas Elliman Real Estate says, “The house is a cool modern with a 75 foot Gunite lap pool. It has a detached garage and gym. It is gated and has beautiful landscaping. The 1.4 acres has room for expansion. And the price is close to or at land value.”

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