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Oceanfront East Hampton Village Estate Wants $60M

By Grace Cassidy - July 31, 2019

The oceanfront home that once belonged to James H. Evans — the former chairman of railway company Union Pacific — has come on the market with a healthy $60 million asking price. 

Spanning a massive 6.7 acres in size with a 5,500-square-foot main house, new homeowners will have plenty of space and guaranteed privacy. Located at 32 Windmill Lane in East Hampton’s village parameters, the property is comprised of two single and separate lots just off the esteemed Further Lane. Features include 300 feet of direct ocean frontage, cathedral ceilings in the living room, an oceanview terrace, a fireplace in the kitchen, five ensuite bedrooms, a heated pool, and a private walkway to the beach. 

The original Wall Street Journal article claims that Evans purchased the property back in 1986 and built the current home. Evans passed away in 2015 and the family is selling the estate. 

The two lots consist of a 5.4-acre oceanfront parcel and a 1.3-acre lot with a three-bedroom, two-bath guest cottage and a swimming pool. 

According to the Sotheby’s listing, if new property owners wanted to tear the existing structures down to make way for a larger main house, they could build something up to 12,477 square feet in size with a finished lower level and a cottage on the 1.3-acre parcel. 

Frank Newbold and Valerie Smith from Sotheby’s International Realty represent the listing

Source: Wall Street Journal
Photos credit and listing information: Sotheby’s International Realty

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