Biggest Sale in the Hamptons Since 2016

The 6.7-acre oceanfront estate at 26 and 32 Windmill Lane in East Hampton, built for Union Pacific Former President and later Chairman of the Board, James Evans has sold in the biggest recorded deal since 2016. The railroad man and philanthropist built the compound in 1989 and his family inherited it after his death in 2015. According to the Wall Street Journal the property was sold to an unidentified buyer for $45 million.

Most recently listed at $55 million, the property is co-exclusively represented by Paul Brennan and Martha Gundersen of Douglas Elliman, and Frank Newbold and Valerie Smith of Sotheby’s International Realty. Comprised of two parcels–including one with a 5,500-square-foot, five-bedroom, six-bath main house on designed by architects Zwirko & Ortmann, which is sited on 5.4 acres, and a separate nearly 1.3-acre parcel with a four-bedroom, two-and-a-half-bath guest house with pool. 

Walls of windows and outdoor living spaces offer 180-degree ocean views at the compound, which offers the unique possibility for easy expansion and development without going through the variance process. Options include adding a north-south-facing tennis court and a 60-foot-long ocean side pool. Zoning also allows for an approximately 12,500-square-foot new house with a full finished lower level to be built on the primary lot, and a new, approximately 6,000-square-foot cottage with a full finished lower level to be built on the secondary lot.

Gary DePersia of the Corcoran Group brought the buyer. 

Photos courtesy of Douglas Elliman